Primitive accumulation, growth and the genesis of social classes
AbstractThe aim of this paper is to show that inequalities of wealth can be necessary conditions to explain the apparition and rise of a capitalistic system. We try to highlight Marx's insights on primitive accumulation. Our dynamic framework is consistent with Roemer's idea of endogenous class stratification. We extend this calculation by incorporating some features of the Pasinetti–Samuelson–Modigliani model, and provide an example of possible microfoundations.
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Bibliographic InfoPaper provided by Paris Dauphine University in its series Economics Papers from University Paris Dauphine with number 123456789/1799.
Date of creation: 2010
Date of revision:
Publication status: Published in Metroeconomica, 2010, Vol. 61, no. 3. pp. 540-557.Length: 17 pages
Primitive accumulation; Growth; Wealth inequalities;
Other versions of this item:
- Jean-François Jacques & Antoine Rebeyrol, 2010. "Primitive Accumulation, Growth And The Genesis Of Social Classes," Metroeconomica, Wiley Blackwell, vol. 61(3), pages 540-557, 07.
- Jean-François Jacques & Antoine Rebeyrol, 2007. "Primitive Accumulation, Growth and the Genesis of Social Classes," EconomiX Working Papers 2007-10, University of Paris West - Nanterre la Défense, EconomiX.
- B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Moav, Omer, 2002. "Income distribution and macroeconomics: the persistence of inequality in a convex technology framework," Economics Letters, Elsevier, vol. 75(2), pages 187-192, April.
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