The Cambridge Revival of Political Economy

1. Auflage 2013
ISBN: 978-0-415-67683-0
Verlag: Taylor & Francis Ltd

Buch, Englisch, 488 Seiten, Format (B × H): 242 mm x 162 mm, Gewicht: 876 g

Reihe: Economics as Social Theory

The marginalist revolution of the late nineteenth century consolidated what Karl Marx and Piero Sraffa called ‘vulgar economy’, bringing with it an emphasis on a scarcity theory that replaced the classical surplus theory. However, the classical political economy of Adam Smith and David Ricardo has been revived within the Cambridge economic tradition. This book looks at how different branches of the Cambridge economic tradition have focused on various aspects of this revival over time.

The author shows that classical political economy is distinct from vulgar political economy in terms of its economic, social, and ethical theory, with each difference resting on an issue of ontology. Structured in three parts, the book examines the central contested aspects of these theories, namely the nature of value, the relationship between human beings and social structure, and the nature of human wellbeing.

The Cambridge Revival of Political Economy will be relevant to students and researchers within the fields of political economy, history of economic thought, politics and philosophy.

Autoren/Hrsg.

Martins, Nuno Ornelas

Fachgebiete

• Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik
• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geschichte der VWL
• Geisteswissenschaften Philosophie Philosophie: Allgemeines, Methoden
• Geisteswissenschaften Geschichtswissenschaft Geschichtliche Themen Wirtschaftsgeschichte
• Sozialwissenschaften Soziologie | Soziale Arbeit Soziologie Allgemein Gesellschaftstheorie

Inhaltsverzeichnis

Foreword by G. C. Harcourt Preface Part I: Economic Theory 1. The Theory of Value and Distribution 2. The Ontology of Value and Distribution 3. The Accumulation of Capital 4. The Principle of Effective Demand 5. Mathematics and Reality Part II: Social Theory 6. Rational Fools 7. Social Ontology 8. Heterodox Economics as Surplus Theory 9. Platonism and Cambridge 10. Evolutionary Social Theory 11. History and Evolution Part III: Ethical Theory 12. Uncertainty and Ethical Analysis 13. Justice and the Capability Approach 14. Ontology and Moral Realism 15. Capabilities as Primary (Causal) Powers

Über Autor(innen)

Nuno Martins is Lecturer in Economics at the University of the Azores, Portugal. He is also a member of the Centro de Estudos em Gestão e Economia at UCP-Porto, and of the Cambridge Social Ontology Group.