La crisis económica actual: una visión desde la economía política
[The actual economic crisis: a vision from the political economy]
AbstractThe paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency to concentration and centralization of capital’s accumulation and its effects on income distribution, which conforms inadequate and unbalanced structures of production and distribution, withdrawn from the appropri-ate and thorough use of scarce common resources. In the middle, long term, these structures determine ruptures in the process of accumulation of capital triggering crisis like the actual. The theory of regulation is used in this paper, in order to explain the growth of concentration and centralization of capital and of social gap during the last years, which is understood as the result of the crisis of Fordist regime of accumu-lation and of the surge of a new transnational regime.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 15048.
Date of creation: 03 Mar 2009
Date of revision:
Economic crisis; Financial crisis; Regulation theory; Regime of accumulation; Economic development; Social inequality; Economic theory; Political Economy; De-velopment theory; Economic equilibrium;
Find related papers by JEL classification:
- P0 - Economic Systems - - General
- D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- D33 - Microeconomics - - Distribution - - - Factor Income Distribution
- O17 - Economic Development, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
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- Reuben, Sergio, 2004.
"La Sociedad Civil, el bienestar social y las transformaciones del Estado en Costa Rica
[Civil society, social welfare and tranformation in Costa Rica]," MPRA Paper 1191, University Library of Munich, Germany.
- Reuben Soto, Sergio, 2004.
"La sociedad civil, el bienestar social y las transformaciones del Estado en Costa Rica
[Civil society, welfare and transformations in the Costa Rican State]," MPRA Paper 8567, University Library of Munich, Germany.
- Reuben Soto, Sergio, 2004. "La sociedad civil, el bienestar social y las transformaciones del Estado en Costa Rica
- Dew-Becker, Ian & Gordon, Robert J, 2005.
"Where did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income,"
CEPR Discussion Papers
5419, C.E.P.R. Discussion Papers.
- Ian Dew-Becker & Robert J. Gordon, 2005. "Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income," NBER Working Papers 11842, National Bureau of Economic Research, Inc.
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