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Critiques and Alternatives: Reflections on Some Recent (and Not So Recent) Controversies

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  • G.C. Harcourt

    (Department of Economics, University of Adelaide)

Abstract

In 1980 (or thereabouts), I was asked to reflect on the major issues in the capital theory controversies, together with the critique of neoclassical theory and the alternative approach(es) that were then being developed as a consequence of the critique. This was a tall order; I tried to fulfill the brief by setting down some general reflections on the issues. In the event, the paper was never published. As I said in Harcourt (1995a), it ‘was thought to be in poor taste, unprofessional and unfair’. I added that ‘looking back [in 1995] I thought it was spot on’ (245), so I am delighted that Paul Davidson has allowed me to publish it here, together with an addendum in which I may retract and/or add to my then-views. What follows is the original script (with a bit of necessary supporting scholarship added). Please read on.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • G.C. Harcourt, 1981. "Critiques and Alternatives: Reflections on Some Recent (and Not So Recent) Controversies," School of Economics and Public Policy Working Papers 1981-04, University of Adelaide, School of Economics and Public Policy.
    • Handle: RePEc:adl:wpaper:1981-04
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    References listed on IDEAS

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    1. G. C. Harcourt, 1995. "Capitalism, Socialism and Post-Keynesianism," Books, Edward Elgar Publishing, number 206.
    2. Vasilev, Aleksandar & Maksumov, Rashid, 2010. "Critical analysis of Chapter 23 of Keynes’s Notes on Mercantilism in The General Theory of Employment, Interest and Money (1936)," EconStor Research Reports 155318, ZBW - Leibniz Information Centre for Economics.
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    Cited by:

    1. Gary Mongiovi, 2001. "The Cambridge Tradition in Economics: An interview with G. C. Harcourt," Review of Political Economy, Taylor & Francis Journals, vol. 13(4), pages 503-521.
    2. Galanis, Giorgos & Veneziani, Roberto & Yoshihara, Naoki, 2016. "Growth, Exploitation and Class Inequalities," Discussion Paper Series 636, Institute of Economic Research, Hitotsubashi University.

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