By Rodney D. Peterson (auth.)

ISBN-10: 9401057249

ISBN-13: 9789401057240

ISBN-10: 9401138745

ISBN-13: 9789401138741

We are actually witness to the waning years of the 1900s. quickly, we will embark upon a daring trip into the uncharted territory of the twenty-first of varied persuasions have speculated as to what the century. Futurists oncoming many years could bestow upon us. now not extraordinary, so much predictions are heavily tied to advances in know-how, particularly in astrophysiCS, biochemistry, electronics, and genetics. yet what concerning the economy? no matter what occurs, forces have surely already been set in movement with the intention to mould (or remold) the constitution and personality of yank capitalism. American capitalism has been, is, and may certainly remain a process in transition. expertise perennially adjustments, albeit at a quicker or slower speed occasionally than others, and society's associations consistently comply with those technological adjustments. Such changes adjust the nature of our politico-economic approach whilst statutes are enacted, courtroom judgements rendered, administrative corporation ideas promulgated, and cultural mores realigned to supplant outdated ones. different variations are led to whilst small-group collective motion is winning in inflicting a different prestige of privilege to be conferred on a few participants of society, yet regulations to be levied on others.

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J. ReynOlds, Political EcOlWmy, New York: St. Martin's, 1987, pp. 37-52. 38. P. M. Lichtenstein, An Introduction to Post-Keynesian and Marxian Theories of Value and Price, Armonk: Sharpe, 1983, pp. 11-24. 39. Harcourt,op. , p. 924. 40. Black, op. , p. 62. 41. J. A Kegel, The Reconstruction of Political EcolWmy: An Introduction to Post-Keynesian ECOlWmics, New York: Wiley, 1973, p. xv. 42. A S. eynesion ECOlWmiCS, White Plains: Sharpe, 1979, pp. 3-18; and P. Davidson, "Post-Keynesian Economics," in Greenwald, op.

14 and 24. 19. , p. 30. 20. Black, op. ciL, p. 58. 21. [bid. 22. V. I. Lenin, Collected Worla, Moscow: Foreign Languages Publishing, 1968, p. 62-3. 23. Ie. Marx, A Contribution to the Critique of Polilical Economy, New York: International Publishers, 1970, p. 205. 24. M. , New Haven: Yale University Press, 1985, p. 149. 25. Wade,op. cit, p. 121. 26. R. L. Heilbroner, Marxism: FOT and Against, New York: Norton, 1980, pp. 15-26. 27. W. G. , The Chicago School ofPolilical Economy, East Lansing: MSU Business Studies, 1976, p.

P. 9. 9. D. R. Fusfeld, The Age of the Economist, Glenview: Scott Foresman 1982, p. 159. 10. E. S. Phelps, Political Economy An Introductory Text, New York: Norton, 1985, p. 27. 26 Political Economy and American Capitalism 11. C. Ammer and D. S. Ammer, Dictionary ofBusiness and Economics, New York: Macmillan, 1977, p. 320; B. J. Horton, J. Ripley, and M. B. : Public Affairs, 1948, p. 110; and H. S. Sloan and A J. Zurcher, A Dictionary of Economics, New York: Barnes & Noble, 1957, p. 245. 12. R.

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Political Economy and American Capitalism by Rodney D. Peterson (auth.)

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