Inequality and global supra-surplus capitalism:
"This book is written as a sequel to John Kenneth Galbraith's The Affluent Society, and provides a theoretical framework, for the first time, for surpra-surplus capitalism. Conventional economics has the income and wealth distributions as "givens". This assumption immediately exc...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Singapore
World Scientific Publishing Company Pte Limited
2018
|
| Schlagworte: | |
| Online-Zugang: | UBY01 Volltext |
| Zusammenfassung: | "This book is written as a sequel to John Kenneth Galbraith's The Affluent Society, and provides a theoretical framework, for the first time, for surpra-surplus capitalism. Conventional economics has the income and wealth distributions as "givens". This assumption immediately excludes such distributions from economic and social concern. Occasionally, economists such as Kenneth Boulding and even earlier, Michal Kalecki, have attempted to develop alternative perspectives in which such distributions are integral to the story and therefore have implications for public policy. At the same time, conventional microeconomics is a theory of price only in which economic efficiency (in an engineering sense) is the only value to be optimized. The income or wealth distributions are given as constraints. Mathematically, the constraints thereafter become invisible; they have no further role to play. The choices that are presumed to be made are neither inhibited nor facilitated by a household's position in the income or wealth distributions. This volume will explore problems with conventional theory and policy, but its main thrust comprises a theory of supra-surplus capitalism, applicable to both developed and developing countries, and its relation to inequalities worldwide."-- |
| Beschreibung: | Includes bibliographical references The paramount position of production -- The supra-surplus society -- Unconventional wisdom -- Economics and the traditions of scarcity and despair -- Post great recession expectations -- A neo-Recardian view of surpluses and budget shares -- The importance of the Kaleckian income distribution -- Veblenian demand and Engel's law -- Prices, advertising, and power -- The vita theory of the personal income distribution and power -- The global linkages -- Stagnation and innovations -- At inception -- A net worth perspective -- The casino effect at T -- A Minsky moment -- Inequalities -- The negative-interest-rate global society -- The minimum wage and the rehabilitation of fiscal policy -- Taxation on wealth -- The campaign of 2016 and the Trump transition |
| Beschreibung: | 1 online resource (379 pages) illustrations (some color), color map |
| ISBN: | 9789813200838 |
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Datensatz im Suchindex
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| id | DE-604.BV046809653 |
| illustrated | Illustrated |
| index_date | 2024-07-03T14:58:37Z |
| indexdate | 2024-07-10T08:54:27Z |
| institution | BVB |
| isbn | 9789813200838 |
| language | English |
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| physical | 1 online resource (379 pages) illustrations (some color), color map |
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| spelling | Canterbery, E. Ray aut Inequality and global supra-surplus capitalism by E Ray Canterbery Singapore World Scientific Publishing Company Pte Limited 2018 1 online resource (379 pages) illustrations (some color), color map txt rdacontent c rdamedia cr rdacarrier Includes bibliographical references The paramount position of production -- The supra-surplus society -- Unconventional wisdom -- Economics and the traditions of scarcity and despair -- Post great recession expectations -- A neo-Recardian view of surpluses and budget shares -- The importance of the Kaleckian income distribution -- Veblenian demand and Engel's law -- Prices, advertising, and power -- The vita theory of the personal income distribution and power -- The global linkages -- Stagnation and innovations -- At inception -- A net worth perspective -- The casino effect at T -- A Minsky moment -- Inequalities -- The negative-interest-rate global society -- The minimum wage and the rehabilitation of fiscal policy -- Taxation on wealth -- The campaign of 2016 and the Trump transition "This book is written as a sequel to John Kenneth Galbraith's The Affluent Society, and provides a theoretical framework, for the first time, for surpra-surplus capitalism. Conventional economics has the income and wealth distributions as "givens". This assumption immediately excludes such distributions from economic and social concern. Occasionally, economists such as Kenneth Boulding and even earlier, Michal Kalecki, have attempted to develop alternative perspectives in which such distributions are integral to the story and therefore have implications for public policy. At the same time, conventional microeconomics is a theory of price only in which economic efficiency (in an engineering sense) is the only value to be optimized. The income or wealth distributions are given as constraints. Mathematically, the constraints thereafter become invisible; they have no further role to play. The choices that are presumed to be made are neither inhibited nor facilitated by a household's position in the income or wealth distributions. This volume will explore problems with conventional theory and policy, but its main thrust comprises a theory of supra-surplus capitalism, applicable to both developed and developing countries, and its relation to inequalities worldwide."-- Income distribution / United States Economics / United States Capitalism Electronic books Kapitalismus (DE-588)4029577-1 gnd rswk-swf Vermögensverteilung (DE-588)4063086-9 gnd rswk-swf Vermögen (DE-588)4063065-1 gnd rswk-swf Institutionalismus (DE-588)4131259-4 gnd rswk-swf United States / Economic conditions / 1945- United States / Economic policy Institutionalismus (DE-588)4131259-4 s Kapitalismus (DE-588)4029577-1 s Vermögensverteilung (DE-588)4063086-9 s Vermögen (DE-588)4063065-1 s DE-604 Erscheint auch als Druck-Ausgabe 9789813200821 http://www.worldscientific.com/worldscibooks/10.1142/10302 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Canterbery, E. Ray Inequality and global supra-surplus capitalism Income distribution / United States Economics / United States Capitalism Electronic books Kapitalismus (DE-588)4029577-1 gnd Vermögensverteilung (DE-588)4063086-9 gnd Vermögen (DE-588)4063065-1 gnd Institutionalismus (DE-588)4131259-4 gnd |
| subject_GND | (DE-588)4029577-1 (DE-588)4063086-9 (DE-588)4063065-1 (DE-588)4131259-4 |
| title | Inequality and global supra-surplus capitalism |
| title_auth | Inequality and global supra-surplus capitalism |
| title_exact_search | Inequality and global supra-surplus capitalism |
| title_exact_search_txtP | Inequality and global supra-surplus capitalism |
| title_full | Inequality and global supra-surplus capitalism by E Ray Canterbery |
| title_fullStr | Inequality and global supra-surplus capitalism by E Ray Canterbery |
| title_full_unstemmed | Inequality and global supra-surplus capitalism by E Ray Canterbery |
| title_short | Inequality and global supra-surplus capitalism |
| title_sort | inequality and global supra surplus capitalism |
| topic | Income distribution / United States Economics / United States Capitalism Electronic books Kapitalismus (DE-588)4029577-1 gnd Vermögensverteilung (DE-588)4063086-9 gnd Vermögen (DE-588)4063065-1 gnd Institutionalismus (DE-588)4131259-4 gnd |
| topic_facet | Income distribution / United States Economics / United States Capitalism Electronic books Kapitalismus Vermögensverteilung Vermögen Institutionalismus United States / Economic conditions / 1945- United States / Economic policy |
| url | http://www.worldscientific.com/worldscibooks/10.1142/10302 |
| work_keys_str_mv | AT canterberyeray inequalityandglobalsuprasurpluscapitalism |