Value and Consumption
Prolegomena to the Theory of Crisis
Bibliographic Data
| ID | 4976646 |
|---|---|
| Authors | John Rosenthal (corresponding author) |
| Year | 1993 |
| Volume | 17 |
| Issue | 3 |
| Pages | 53-80 |
| Publication date | 1993-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Capital & Class (JOURNAL) |
| Journal identifiers | ISSN: 0309-8168 • E-ISSN: 2041-0980 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/030981689305100103 |
| OpenAlex | W2036797578 |
| Language | EN |
| Citations received | 2 |
| References cited | 1 |
What constitutes the barriers to demand against which the accumulation of capital collides in periods of crisis or stagnation? The prevailing Marxist common sense suggests that such barriers derive from the limited purchasing power of the wage. The author takes issue with this common sense in order to prepare the way for a more adequate answer to the question posed. As analysis of the practical logic of exchange reveals, under capitalist conditions the ultimate source of all effective demand in the economy is the capitalist class itself
Capitalism · Economics · Effective demand · Epistemology · Keynesian economics · Market economy · Marxist philosophy · Neoclassical economics · Political science · Politics · Positive economics · Purchasing power · Social science · Sociology · Surplus value · Economic Theory and Institutions · Economic Theory and Policy · Law · Mathematics · Philosophy · Political Economy and Marxism
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,08 |
| Citation span | 2000 - 2011 (12) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |