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Theories of Regional Imbalance

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Capital Versus the Regions
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Abstract

Bibliographies of recent studies on the regional problem are not notable for their reference to Marx. There may be a variety of reasons for this. One undoubtedly is the extent to which many ‘regional economists’ take their theoretical terms of reference (like their professional training) from mainly neo-classical sources. Another may be the extent to which Marx’s classic works stay in the library of the great unread (much, one suspects, like some of Keynes’s own masterpieces, which are so damning in their indictment of the self-adjustment assumptions transferred from classical to neo-classical theory). Thirdly, Marxist economists themselves have been mainly concerned with aspects of Marx’s economics other than spatial or regional resource allocation in a national economy. The spatial and regional dimension is there, but mainly in terms of its international application and the theory of imperialism.

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References

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© 1976 Stuart Holland

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Holland, S. (1976). Theories of Regional Imbalance. In: Capital Versus the Regions. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15773-0_2

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