Excerpt from Overproduction and Crises
The making of a relative excess of some things is, indeed, a real phenomenon of what are called hard times. If we can detect the actual cause of this misuse of productive energy, we shall go far toward attaining a true philosophy of crises.
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Paperback. Zustand: New. Print on Demand. This book centers around a groundbreaking theory on the origins of economic crises, departing from the widely held perspectives of the time. The author argues that two intertwined factorsâ"the distribution of wealth among laborers and capitalists and the uneven production of luxury and ordinary goodsâ"are the driving force behind crises rather than macroeconomic variables such as overproduction. This theory, challenging conventional economic dogma, delves into the socio-economic circumstances of the era, particularly the widening gap between the rich and poor. The author contends that the accumulation of wealth in the hands of the elite, who prioritize investments over consumption, leads to a lack of demand for the goods produced by the working class. This in turn creates a glut in the market and triggers economic crises. The book sheds light on the intricate interplay between production, wealth distribution, and economic cycles, offering a fresh perspective on the causes and potential remedies for economic instability. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781330439661_0
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Anbieter: PBShop.store US, Wood Dale, IL, USA
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330439661
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330439661
Anzahl: 15 verfügbar