ABSTRACT

Chapter 2 discusses how analyses of production, work and consumption have developed in various stages, reflecting economic evolutions. The chapter outlinesthe three main traditions of how to set the production boundary. The chapter first presents pre-capitalist economic thought, including ideas of economic relations in religious texts, early modern economic thinking and Classical economics. The rest of the chapter is a comparison of various mainstream and heterodox traditions: Marxism, Neoclassical economics, Keynesianism, Post-Keynesian economics, Austrian economics, Schumpeterian economics, Feminism, Institutionalism and Ecologism.