A Note on Francesco Ferrara's Cost of Reproduction

2004 ◽  
Vol 26 (1) ◽  
pp. 107-114 ◽  
Author(s):  
Enrico Minelli ◽  
Marco E. L. Guidi ◽  
Antonio Guccione
Keyword(s):  
Nineteenth Century ◽  
Classical System ◽  
Cost Of Reproduction ◽  
Economic Thought ◽  
History Of ◽  
Theory Of Value ◽  
Distinguished Scholar ◽  
The Cost ◽  
Analytical Tools

For those readers who are not familiar with the history of Italian economic thought, the Cost of Reproduction Doctrine (CRD) is an interpretation ofthe theory of value developed by the distinguished scholar Francesco Ferrara (1810–1900) around the middle of the nineteenth century. This was a time when many of the flaws of the classical system had been identified but the analytical tools needed for their elimination were not yet available.

Economic thought in the 17th and 18th centuries: a linguistic approach

2015 ◽  
Vol 23 (3) ◽  
pp. 260-270
Author(s):  
Iara Vigo de Lima
Keyword(s):  
Economic Thought ◽  
Point Of View ◽  
Content Type ◽  
Front Position ◽  
History Of ◽  
Epistemological Model ◽  
Theory Of Language ◽  
Theory Of Value ◽  
Linguistic Approach ◽  
Practical Implications

Purpose – The purpose of this paper is to analyse Michel Foucault’s new epistemological model regarding an analogy between the theory of language and economic thought in the seventeenth and eighteenth centuries. Design/methodology/approach – Through the scrutiny of language, Foucault intended to demonstrate that some analogies, among different branches of knowledge (interdiscursive practice), allow us to apprehend the underlying configuration of thought regarding ontological and epistemological conditions that have historically determined knowledge. He draws a parallel between four theoretical segments borrowed from general grammar (Attribution, Articulation, Designation and Derivation) and economic thought on wealth. Findings – One of the most remarkable propositions of this approach is that the theory of language and economic thought were epistemologically isomorphic in that context. What the theory of language stated in relation to “attribution” and “articulation” corresponded to the “theory of value” in economic thought. What grammar investigated regarding “designation” and “derivation” was analogous to the “theory of money and trade” in economic thought. The relationships that were – directly and diagonally – identified between and among them led to the conclusion that there was ‘a circular and surface causality’ in economic thought insofar as “circulation” preceded “production”. It was “superficial” because it could not find an explanation for the cause of “wealth”, which was only possible when “production” was placed in the front position of theories. Practical implications – Such an epistemological point of view can inspire other studies in the history of economic thought. Originality/value – This paper offers a perspective on how to think about the history of ontological and epistemological conditions of economic thought.

Burney's The Wanderer and Early-Nineteenth-Century Commodity Fetishism

2002 ◽  
Vol 57 (1) ◽  
pp. 1-30 ◽  
Author(s):  
Andrea Henderson
Keyword(s):  
Nineteenth Century ◽  
French Revolution ◽  
Social Changes ◽  
Commodity Fetishism ◽  
Early Nineteenth Century ◽  
Labor Theory ◽  
History Of ◽  
Theory Of Value ◽  
Historical Moment ◽  
The Wanderer

This essay explores a particular moment in the history of commodity fetishism by means of an examination of Frances Burney's The Wanderer (1814). The novel, which is explicitly concerned with the social changes facing early-nineteenth-century England, reveals that at this historical moment the commodity inspired emotions of a particular kind: it was idealized and perceived as attractively individualized, aloof, exotic, and changeable, and it elicited a passionate and sometimes even painful form of desire. In The Wanderer Burney explores the human repercussions of this new way of engaging with objects in the marketplace. She reveals, moreover, the extent to which the fetishism of the commodity reflected not just developments within the economy but also political change: under the influence of the French Revolution the charisma once generated by social status was transferred to the economic realm, where, embodied in the commodity, it gave rise to a pleasurable but masochistic reverence. Burney'sargument for the usefulness of economic independence necessarily leads her to appreciate the commodity fetishism she describes: even while she develops a labor theory of value, Burney promotes a mystification of the commodity by insisting on the aloof independence of both labor and its products. Thus, Burney uses the apparent autonomy of things——which Marx decries——as a means to argue for the autonomy of the makers of those things.

History of Marriage Contracts in Egypt

Hawwa ◽  
2005 ◽  
Vol 3 (2) ◽  
pp. 159-196 ◽  
Author(s):  
Amira El-Azhary Sonbol
Keyword(s):  
Nineteenth Century ◽  
Women's Agency ◽  
Modern Period ◽  
Marriage Contracts ◽  
Personal Status ◽  
History Of ◽  
Women’S Agency ◽  
The Cost ◽  
Husband And Wife ◽  
History Of Marriage

AbstractWhile religious guidance may be central in choosing a spouse or expectations from marriage, until the nineteenth century, it was the contractual nature of marriage that defined the actual union entered into by husband and wife and according to which they lived together. Most importantly, marriage contracts could and often did include specific conditions agreed upon by the parties to the contract. The modern period will witness a shift toward privileging the religious side of marriage at the cost of the contractual and women's agency would experience a serious shift due to modern personal status laws.

scholarly journals The Maps That Killed Alexander Posey

2019 ◽  
Vol 12 (1) ◽  
pp. 76-94
Author(s):  
Matt Cohen
Keyword(s):  
Nineteenth Century ◽  
The Political ◽  
Cultural Survival ◽  
History Of ◽  
The Cost ◽  
Data Visualizations

Nineteenth-century struggles over mapping concepts and techniques yielded the forebears of digital humanistic data visualizations today, staging the political tensions of the deep map’s entry into the humanities. The careers of educational reformer Emma Hart Willard and Creek poet and critic Alexander Posey, who were both map-makers in their ways, exemplify the entanglements of the history of deep mapping. Willard was a feminist innovator in her work with historical visualization, but at the cost of solidifying a regime of indigenous vanishment. Posey fought for his people’s cultural survival, but he did so from within a bureaucratic engine made possible in part by Willard’s widespread pedagogy linking the American map with a vision of settler dominance. These two figures left us provocative maps, but also offer a way to reflect on the justness of map-making — on the difficulty of deepening the map wisely, or even ethically.   

The Creative Response in Economic History

1947 ◽  
Vol 7 (2) ◽  
pp. 149-159 ◽  
Author(s):  
Joseph A. Schumpeter
Keyword(s):  
Nineteenth Century ◽  
Economic History ◽  
Historical Development ◽  
Economic Change ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
Causal Factors ◽  
History Of

Economic historians and economic theorists can make an interesting and socially valuable journey together, if they will. It would be an investigation into the sadly neglected area of economic change.As anyone familiar with the history of economic thought will immediately recognize, practically all the economists of the nineteenth century and many of the twentieth have believed uncritically that all that is needed to explain a given historical development is to indicate conditioning or causal factors, such as an increase in population or the supply of capital. But this is sufficient only in the rarest of cases.

The Separate Personality of Money

2017 ◽  
Author(s):  
John Kenneth Galbraith
Keyword(s):  
Nineteenth Century ◽  
Economic Thought ◽  
Precipitating Factors ◽  
History Of ◽  
Money Creation ◽  
The Creation

This chapter examines the role of money and its management, the origins of what is known today as monetarism. It first provides a brief history of money, focusing on the steps that accorded money its separate and distinctive personality, including the establishment of banks; borrowing and the resulting act of money creation; and the realization by kings, princes and parliaments that the creation of money could be used as a substitute for taxes or as an alternative to borrowing from financiers. It then considers the significance of the institutions and experience surrounding money, along with the economic thought and controversy that money has evoked. In particular, it looks at precipitating factors that shaped American attitudes on money in the nineteenth century, including the Greenbacks and silver. Finally, it describes the role of money in facilitating exchange by taking into account the equation of exchange introduced by American economist Irving Fisher.

Marginalism and Marxism: The first encounter

2021 ◽  
pp. 102-132
Author(s):  
R. I. Kapeliushnikov
Keyword(s):  
Economic Thought ◽  
History Of Economic Thought ◽  
Labor Theory Of Value ◽  
Historical Significance ◽  
Labor Theory ◽  
History Of ◽  
Theory Of Value ◽  
Scientific Socialism ◽  
The 19Th Century ◽  
Complete Collapse

The paper discusses a critical episode in the history of economic thought of the 19th century — the first encounter between marginalism and Marxism. It happened in 1884, when Philip Wickstead published a short twenty-page text in the magazine of “scientific” socialism “To-Day” under the laconic title “Das Kapital: a Сriticism”. The paper briefly traces the creative path of Wickstead; considers the reasons that prompted him to make a stand against Marxism; analyzes his main criticisms; describes the reaction to them by his contemporaries (both professional economists and adherents of socialism) and evaluates the place of his work in the history of ideas. It is noted that Wicksteed’s article was not only the first encounter of marginalism with Marxism, but also the first popular exposituion of the theory of marginal utility (in the version of S. Jevons), which was completely new for that time. His criticism was radical in nature, since it was aimed not at revealing partial shortcomings, but at the complete collapse of the Marxist construction and its replacement with an alternative theoretical scheme. Amazingly, none of Marx’s supporters dared to accept Wickstead’s challenge and his criticism was never publicly contested by them. This seemingly inconspicuous event turned out to be of crucial historical significance. Under the influence of Wickstead, the Fabians rejected the labor theory of value and British socialism (in its main part) ceased to be Marxist forever.

2. The Nineteenth-Century Roots of Theoretical Traditions in Global Political Economy

2020 ◽  
pp. 25-51
Author(s):  
Matthew Watson
Keyword(s):  
Nineteenth Century ◽  
Political Economy ◽  
Free Trade ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
Trade Policies ◽  
Friedrich List ◽  
Global Political Economy ◽  
History Of ◽  
Historical Origins

This chapter focuses on the historical origins and the subsequent intellectual lineage of the three core theoretical positions within contemporary global political economy (GPE): realism, liberalism, and Marxism. ‘Textbook GPE’ privileges nineteenth-century understandings of political economy when discussing the pre-history of its own field. This helps explains GPE's treatment of feminist scholarship within the textbooks; feminism remains largely marginalized from textbook GPE, presented as something of a postscript to avoid accusations of it having been omitted altogether rather than being placed centre stage in the discussion. The chapter then looks at how the nineteenth-century overlay operates in textbook GPE. To do so, it makes sense to concentrate in the first instance on the issue that did most to divide nineteenth-century economists: namely, the free trade policies resulting from the general ascendancy of laissez-faire ideology. The most celebrated of the critics, Friedrich List, is treated much more as a dependable authority figure in GPE than he is in the history of economic thought. Indeed, in textbook GPE, the disputes between realist and liberal positions is very often presented initially through an account of List's work, despite the pre-history of liberalism being much the longer of the two.

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