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Summary and Conclusions: Money, Distribution Conflict and Capital Accumulation

In: Money, Distribution Conflict and Capital Accumulation

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  • Eckhard Hein

Abstract

The present book attempts to contribute to ‘monetary analysis’ and to the research programme of a ‘monetary theory of production’. In particular, we have tried to contribute to a synthesis of Post-Keynesian monetary theory and Post-Keynesian models of distribution and growth. The focus has been on the distribution and growth effects of monetary policies applying the interest rate tool in a modern credit money economy, which is characterized by the autonomy of investment from saving also in the long run, by latent under-utilization of productive capacities, and by conflict over distribution of the social product.

Suggested Citation

  • Eckhard Hein, 2008. "Summary and Conclusions: Money, Distribution Conflict and Capital Accumulation," Palgrave Macmillan Books, in: Money, Distribution Conflict and Capital Accumulation, chapter 18, pages 169-176, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59560-6_18
    DOI: 10.1057/9780230595606_18
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    Cited by:

    1. Hein, Eckhard, 2022. "Varieties of demand and growth regimes: Post-Keynesian foundations," IPE Working Papers 196/2022, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    2. Özdemir Onur, 2019. "Financialization and the Labor Share of Income," Review of Economic Perspectives, Sciendo, vol. 19(4), pages 265-306, December.

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