Money, Enterprise and Income Distribution: Towards a macroeconomic theory of capitalism by John SmithinMoney, Enterprise and Income Distribution: Towards a macroeconomic theory of capitalism by John Smithin

Money, Enterprise and Income Distribution: Towards a macroeconomic theory of capitalism

byJohn SmithinEditorJohn Smithin

Hardcover | September 22, 2008

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Mainstream neoclassical economics tells us that money is essentially a commodity, has no other social meanings or consequences, and (therefore) exists only as a medium of exchange to lubricate/facilitate barter. This book takes the view that money is definitively a social relation between private persons or legal persons. As such, it is one of the main building blocks of the complex structure of social relations of capitalism itself.
John Smithin is Professor of Economics in the Department of Economics and the Schulich School of Business, York University, Toronto, Canada
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Title:Money, Enterprise and Income Distribution: Towards a macroeconomic theory of capitalismFormat:HardcoverDimensions:240 pages, 9.21 × 6.14 × 0.8 inPublished:September 22, 2008Language:English

The following ISBNs are associated with this title:

ISBN - 10:0415197732

ISBN - 13:9780415197731

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Table of Contents

1. Money and alternative visions of capitalism, 2. Economics and politics, 3. Methodological issues in monetary research, 4. The role of money in the economy, 5. The determination of interest rates, 6. A theory of profit, 7. A theory of wages, 8. Effective demand, income distribution, and economic growth, 9. Endogenous money, monetary policy and inflation, 10. A complete macroeconomic model of output growth, inflation, and income distribution, 11. Notes on fiscal policy and the public finances, 12. Concluding remarks