MARC Record from marc_columbia

LEADER: 03570fam a2200397 a 4500
001 1968507
005 20220609040804.0
008 960416s1997 enka b 001 0 eng
010 $a 96018540
020 $a0198288050 (alk. paper)
035 $a(OCoLC)34624069
035 $a(OCoLC)ocm34624069
035 $9AMH2791CU
035 $a(NNC)1968507
035 $a1968507
040 $aDLC$cDLC$dNNC$dOrLoB-B
043 $ad------
050 00 $aHC79.S3$bP37 1996
082 00 $a339.4/3$220
100 1 $aPatnaik, Prabhat.$0http://id.loc.gov/authorities/names/nr88007568
245 10 $aAccumulation and stability under capitalism /$cPrabhat Patnaik.
260 $aOxford, England ;$aNew York :$bClarendon Press,$c1997.
300 $aviii, 322 pages ;$c22 cm
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
504 $aIncludes bibliographical references (p. [303]-311) and indexes.
505 00 $g1.$tIntroduction --$g2.$tAccumulation and Economic Growth --$g3.$tSteady Growth and Price Instability --$g4.$tMonetary Policy as an Instrument of Stabilisation --$g5.$tState Intervention through Fiscal Policy --$g6.$tCapital Accumulation in Conditions of Unequal Interdependence: A Preliminary Model --$g7.$tAccumulation and Unequal Interdependence: A Fuller Discussion --$g8.$tTechnical Progress and Uneven Development --$g9.$tA Critical Review of the Argument So Far --$g10.$tA Theory of Imperialism --$g11.$tThe Market Question in a Historical Setting --$g12.$tDiffusion of Activities and the Terms of Trade --$g13.$tThe Limitations of Enforced Diffusion --$g14.$tSocialism and Third World Development.
520 $aThe purpose of this book is to provide an altogether different view of the functioning and resilience of the capitalist system. Its argument is that the existence of a periphery of less developed countries provides a buffer that allows relatively crisis-free and non-inflationary growth in the capitalist core. The analysis unifies two fields that are normally separate: models of growth and stabilization policy in advanced economies and the economics of open, developing economies.
520 8 $aConsequently, Patnaik embraces both a thorough analysis of modern fiscal, monetary, and inflation policy in advanced capitalist economies and the constraints that systematically hinder development in less developed countries. His model's great strength is that the interconnections between these two spheres are firmly established and are, indeed, shown as fundamental to our understanding of either 'the North' or 'the South'.
520 8 $aAccumulation and Stability under Capitalism uses macroeconomic principles to solve problems currently addressed with microeconomic tools, establishing macroeconomics as a framework for analysing phenomena as wide-ranging as migration, imperialist systems, technological change, and labour markets. In the tradition of Keynes, Harrod and Domar, Marx, Luxemburg, and Kalecki, it offers an alternative path to the choice-theoretic models that have appeared to be the only modern analytical path.
650 0 $aSaving and investment.$0http://id.loc.gov/authorities/subjects/sh85117754
650 0 $aCapitalism.$0http://id.loc.gov/authorities/subjects/sh85019958
650 0 $aEconomic stabilization.$0http://id.loc.gov/authorities/subjects/sh85040844
651 0 $aDeveloping countries$xEconomic policy.$0http://id.loc.gov/authorities/subjects/sh2008102080
650 0 $aEconomic policy.$0http://id.loc.gov/authorities/subjects/sh85040837
852 00 $boff,bus$hHC79.S3$iP37 1997