Skip to main content

Capital and the Firm in Neo-Classical Theory

  • Chapter
Transformational Growth and Effective Demand
  • 56 Accesses

Abstract

How does a social system maintain and reproduce itself? How are capitalist social relationships maintained and reproduced? Many neo-Classical models are inconsistent at various points with the requirements for the maintenance and reproduction of capitalist relationships.

* Journal of Post Keynesian Economics, II (4) (Summer 1980).

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Clark, John B. (1956) The Distribution of Wealth (New York: Macmillan).

    Google Scholar 

  • Dorfman, R., Samuelson, P., and Solow, R. (1956) Linear Programming and Economic Theory (New York: McGraw-Hill).

    Google Scholar 

  • Friedman, M. (1960) Price Theory: A Provisional Text (Chicago: Aldine).

    Google Scholar 

  • Hollis, M., and Nell, E.J. (1975) Rational Economic Man: A Philosophical Critique of Neo-Classical Economics (New York: Cambridge University Press).

    Book  Google Scholar 

  • Koopmans, T.C. (1958) Three Essays on the State of Economic Science (New York: McGraw-Hill).

    Google Scholar 

  • Laibman, D., and Nell, E.J. (1977) ‘Reswitching, Witchell Effects, and the Neo-Classical Production Function’, American Economic Review, 67 (5).

    Google Scholar 

  • Marx, K. (1967) Capital, Vol. 2 (New York: International Publishers).

    Google Scholar 

  • Marx, K. (1976) Wage Labor and Capital (1848) (New York: International Publishers).

    Google Scholar 

  • Sraffa, Piero (1960) Production of Commodities by Means of Commodities (Cambridge: Cambridge University Press).

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Copyright information

© 1992 Edward J. Nell

About this chapter

Cite this chapter

Nell, E.J. (1992). Capital and the Firm in Neo-Classical Theory. In: Transformational Growth and Effective Demand. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-21779-3_6

Download citation

Publish with us

Policies and ethics