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Luigi Lodovico Pasinetti: Zanica, 12 settembre 1930 – Varese, 31 gennaio 2023 (Luigi Lodovico Pasinetti: Zanica (Italy), September 12, 1930 – Varese (Italy), January 31st, 2023)

Author

Listed:
  • Joseph Halevi

    (Macquarie University, Sydney, Australia e IUC Torino)

Abstract

L'articolo commemora la vita intellettuale di Luigi Pasinetti, purtroppo scomparso alla fine del mese di gennaio di quest'anno. Vengono presentate e discusse le fasi salienti dei suoi studi e dei suoi contributi scientifici culminati nell'opera Structural Change and Economic Growth pubblicata nel 1981. Nell'articolo si mostra come Pasinetti avesse sviluppato le idee principali che guideranno la sua ricerca gia' tra la fine degli anni Cinquanta e i primi anni Sessanta del secolo scorso. In questo contesto viene evidenziata l'importanza dirompente della sua teoria concernente i processi produttivi verticalmente integrati e come questa rappresenti uno sviluppo positivo rispetto ai dibattiti riguardo alla teoria neoclassica del capitale e della distribuzione. Si conclude sottolineando la coerenza tra l'approccio teorico di Pasinetti e la sua filosofia morale incentrata sulla priorita' del lavoro sul capitale. The paper commemorates the intellectual life of Luigi Pasinetti, who sadly passed away at the end of January of this year. We present and discuss the main phases of his studies and academic contributions culminating in his 1981 opus Structural Change and Economic Growth. We show how Pasinetti developed the main ideas that were to guide his research, already in the late 1950s and early 1960s. We then describe the path breaking significance of his novel analytical formulation regarding the theory of vertically integrated processes and how it constitutes a positive improvement on the debates related to the critiques of neoclassical capital theory. The paper ends by highlighting the consistency of Pasinetti's theoretical approach with his moral philosophy centred on the priority of labour over capital.

Suggested Citation

  • Joseph Halevi, 2023. "Luigi Lodovico Pasinetti: Zanica, 12 settembre 1930 – Varese, 31 gennaio 2023 (Luigi Lodovico Pasinetti: Zanica (Italy), September 12, 1930 – Varese (Italy), January 31st, 2023)," Moneta e Credito, Economia civile, vol. 76(301), pages 95-99.
    • Handle: RePEc:psl:moneta:2023:15
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    File URL: https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/18048/16978
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    References listed on IDEAS

    as
    1. Luigi L. Pasinetti, 1962. "Rate of Profit and Income Distribution in Relation to the Rate of Economic Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 29(4), pages 267-279.
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    More about this item

    Keywords

    Luigi Lodovico Pasinetti; enterprise capital; production function; technical progress; neoclassical capital theory;
    All these keywords.

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B32 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Obituaries
    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • D20 - Microeconomics - - Production and Organizations - - - General
    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution

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