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Book

Political Economy After Economics

Book

Political Economy After Economics

DOI link for Political Economy After Economics

Political Economy After Economics book

Scientific Method and Radical Imagination

Political Economy After Economics

DOI link for Political Economy After Economics

Political Economy After Economics book

Scientific Method and Radical Imagination
ByDavid Laibman
Edition 1st Edition
First Published 2011
eBook Published 31 December 2011
Pub. Location London
Imprint Routledge
DOI https://doi.org/10.4324/9780203807781
Pages 192
eBook ISBN 9780203807781
Subjects Economics, Finance, Business & Industry, Politics & International Relations
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Laibman, D. (2012). Political Economy After Economics: Scientific Method and Radical Imagination (1st ed.). Routledge. https://doi.org/10.4324/9780203807781

ABSTRACT

This re-incorporation of economics into political economy is one (small, but not insignificant) element in a larger project: to place all of the resources of present-day social-scientific research at the service of increasing democracy, in an ultimate direction toward socialism in the classic sense. An economics-enriched political economy is, above all, empowering: working people in general can calculate, build models, think theoretically, and contribute to a human-worthy future, rather than leaving all this to their "betters."

TABLE OF CONTENTS

chapter |9 pages

Introduction

chapter 1|27 pages

Value and the quest for the core of capitalism

chapter 2|18 pages

Rhetoric and substance in value theory: an appraisal of the new orthodox Marxism

chapter 3|29 pages

Technical change, accumulation, and the rate of profit revisited

chapter 4|29 pages

Okishio and his critics: historical cost vs. replacement cost

chapter 5|16 pages

Is there a classical theory of supply and demand?

chapter 6|11 pages

Rationing and price control

chapter 7|14 pages

Non-constant returns, Pareto optimality, and competitive equilibrium

chapter 8|18 pages

Broadening the theory of aggregate supply: a “New Critical” proposal

chapter 9|18 pages

Revisioning socialism: the Cherry Esplanade Conjecture

chapter 10|27 pages

Incentive design, iterative planning, and local knowledge in a maturing socialist economy

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