Rethinking Capitalist Development: Essays on the Economics of Josef SteindlTracy Mott, Nina Shapiro This collection honours the work of the eminent economist Josef Steindl. Steindl's work is illuminated through a critical appraisal of its central constructs with a focus on its relevance to current economic conditions. This collection charts the thinking of one of the leading economic theorists of the twentieth century. |
Contents
Introduction | 1 |
PART I Concentration and development | 8 |
observations on Josef Steindls theory of capitalist dynamics | 9 |
2 Steindls analysis of firm growth and the tendency toward industry concentration | 19 |
3 An application of Steindls theory of concentration to the US meat packing industry 18651988 | 31 |
PART II Distribution and growth | 45 |
4 Steindls theory of maturity and stagnation and its relevance today | 46 |
a knifeedge model of Steindlian dynamics | 67 |
Other editions - View all
Rethinking Capitalist Development: Essays on the Economics of Josef Steindl Tracy Mott,Nina Shapiro,Josef Steindl No preview available - 2005 |
Rethinking Capitalist Development: Essays on the Economics of Josef Steindl Tracy Mott,Nina Shapiro No preview available - 2012 |
Common terms and phrases
absolute concentration aggregate demand American Capitalism assumed Big Four boom boxed beef business cycle capacity utilization capital accumulation capital-intensive capitalist economy Category chapter classical theory costs decline distribution dominant sector control Dutt dynamics Edward Elgar effect employment endogenous entry equation equilibrium Essays excess capacity exogenous expansion firm growth firm’s fringe firms fringe sector growth rate impact income increase industry concentration innovation internal accumulation Josef Steindl Kalecki Keynesian labor large firms long-run macroeconomic marginal firms mark-up market share Marx Maturity and Stagnation meat packing industry Michał Kalecki monopoly capitalism oligopolistic oligopoly output Political Economy problem production profit margins progressive firms random process rate of capacity rate of growth rate of profit reduce reproduction result rise role sales efforts savings Stagnation in American stagnationist tendency steady Steindl’s analysis Steindl’s theory Steindlian structure technical change technical progress technological tend theory of concentration transnational trend utilization rate wage