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Jul 5, 2021 · Capitalism is an economic system, but it's also so much more than that. It's become a sort of ideology, this all-encompassing force that rules over our lives and our minds.
- Rund Abdelfatah
Dec 23, 2015 · Abstract. From after World War II until late 1971, the U.S. economy demonstrated new capacities in terms of macroeconomic stability during the so-called Golden Age: recessions were brief and shallow while growth was strong, generating shared returns for the working class, a burgeoning middle class, as well as for capital-owners.
- James M. Cypher
- 2015
effective demand arguments for the positive role of military spending in the US. Despite these contributions much of the empirical literature has been underpinned by a neoclassical perspective.
Our new book, Contending Economic Theories: Neoclassical, Keynesian and Marxian, facilitates that process by explaining, systematically and comparatively, how the major theories differ, the implications of their differences, and why those differences matter.
Martial capitalism was a system of political economy in which concealed military power, rather than abstract market forces, served as an invisible (“invisible,” at least, to those not subjected to it) hand and bestowed economic opportunity upon some individuals.
Now, in an ambitious single-volume history of the United States, he reveals how, from the beginning of U.S. history to the present, capitalism in America has evolved through four distinct ages and how the country’s economic evolution is inseparable from the nature of American life itself.
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Neoclassical theory, borne out of an 18th-century intellectual tradition that revered the value of human agency and rationality, asserts that individual preferences and productive capabilities are the most basic determinants in any economy.
