The neoclassical and Marxian theories of technology: a comparison and critical assessment

1997 ◽  
Vol 1 (1) ◽  
pp. 113-133 ◽  
Author(s):  
Tony Smith
Keyword(s):  
Technical Change ◽  
Critical Assessment ◽  
Neoclassical Economics ◽  
Marxian Economics ◽  
Social Theories

AbstractNeoclassical economics remains the leading theoretical alternative to Marxian economics. In this article I shall contrast the accounts of technical change in capitalism proposed by both theories. I shall introduce five criteria relevant to a comparison of competing social theories, and argue that the Marxian perspective on technical change in capitalism is superior on all five counts.

Ecology and Society: a Lesson for Organization Theory, from the Logic of Economics

1985 ◽  
Vol 6 (4) ◽  
pp. 335-348
Author(s):  
James A. Robins
Keyword(s):  
Recent Work ◽  
Social Environment ◽  
Organization Theory ◽  
Organizational Ecology ◽  
Neoclassical Economics ◽  
Organizational Analysis ◽  
Economic Theories ◽  
General Logic ◽  
Social Theories

Recent work on organizational ecology has helped to clarify the discussion of organiza tion-environment relations by providing a precise analytical distinction between the organization and its environment. However, the clarity of the distinction also exposes serious problems in the population perspective on organizations. The fact that ecology has been wedded to evolutionism cripples it in dealing with some of the central issues of organizational analysis. This paper looks at ways in which the precision of ecology may be combined with social and economic theories other than evolutionism to provide a powerful analysis of the organization in its social environment. Neoclassical economics serves as a model for the sort of theory that can be used to replace evolutionism. The paper concludes by examining the underlying axiomatic structure of neoclassical economics and outlining the general logic required to link ecological and social theories for the purposes of organizational analysis.

TECHNICAL CHANGE AND MARXIAN ECONOMICS

Kyklos ◽  
1960 ◽  
Vol 13 (4) ◽  
pp. 495-512 ◽  
Author(s):  
M. Blaug
Keyword(s):  
Technical Change ◽  
Marxian Economics

Kritik der Politischen Ökonomie im 21. Jahrhundert.

2017 ◽  
Vol 47 (188) ◽  
pp. 453-470 ◽  
Author(s):  
Hans-Peter Büttner
Keyword(s):  
Political Economy ◽  
Critical Theory ◽  
Scientific Community ◽  
New World ◽  
Neoclassical Economics ◽  
Price Theory ◽  
Transformation Problem ◽  
Iron Cage ◽  
Analytical Tools

While the majority of the scientific community holds Marxian Value and Price Theory to be internally inconsistent because of the so-called “transformation problem”, these claims can be sufficiently refuted. The key to the solution of the “transformation problem” is quite simple, so this contribution, because it requires the rejection of simultanism and physicalism, which represent the genuine method of neoclassical economics, a method that is completely incompatible with Marxian Critique of Political Economy. Outside of the iron cage of neoclassical equilibrium economics, Marxian ‘Capital’ can be reconstructed without neoclassical “pathologies” and offers us a whole new world of analytical tools for a critical theory of capitalist societies and its dynamics.

Overcoming stereotypes in leasing

2017 ◽  
pp. 136-152 ◽  
Author(s):  
V. Gazman
Keyword(s):  
Real Estate ◽  
Traditional Approach ◽  
Critical Assessment ◽  
Variable Character ◽  
New Perspective

If we want securitization to become one of the main channels to attract funding in leasing activity, as the Bank of Russia predicts, one needs to revise some stereotypes. Relying on foreign and domestic research, the author gives a critical assessment of the postulate of the need for uniformity of securitized assets; proves that real estate, contrary to the traditional approach, rather than equipment and transport, prevails in securitization transactions, and explains why this happens. The article presents a new perspective on the behavior of issu- ers concerning the timing of securities circulation; considers feasibility approach to the calculation of variable character of leverage in leasing; explains pro and contra of evaluating the leasing market based on the volume of the portfolio of contracts; reveals the validity of ratings of bonds issued in the course of secu- ritization of leasing assets.

‘Staring into All Their Yellow Eyes’: Where the Wild Things Are, the 1960s, and the Vietnam War

2017 ◽  
Vol 10 (1) ◽  
pp. 59-73
Author(s):  
Michelle Ann Abate ◽  
Sarah Bradford Fletcher
Keyword(s):  
East Asia ◽  
Vietnam War ◽  
Political Engagement ◽  
Critical Assessment ◽  
South East Asia ◽  
Psychological Perspective ◽  
Literary Representation ◽  
Military Involvement ◽  
The 1960S ◽  
Alternative Reading

Since its release in 1963, Maurice Sendak's Where the Wild Things Are has been viewed from a psychological perspective as a literary representation of children's inner emotional struggles. This essay challenges that common critical assessment. We make a case that Sendak's classic picturebook was also influenced by the turbulent era of the 1960s in general and the nation's rapidly escalating military involvement in Vietnam in particular. Our alternative reading of Sendak's text reveals a variety of both visual and verbal elements that recall the conflict in South East Asia and considers the significance of the book's geo-political engagement.

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