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Tables of Contents for Power or Pure Economics?
Chapter/Section Title
Page #
Page Count
General Editor's Introduction
vii
2
Foreword: Joseph A. Schumpeter (1883-1950) and Yasuma Takata (1883-1972)
ix
Michio Morishima
PART I THE FUNDAMENTAL PRINCIPLE OF DISTRIBUTION THEORY
3
86
Joseph A. Schumpeter
Cyprian P. Blamires
I Preliminary Remark
3
3
II The Economics and Sociology of Distribution
6
26
III Foundations of the Wage Theory
32
16
IV The Social Marginal Product
48
5
V Critical Discussion
53
8
VI Peculiarities of the Labour Market
61
6
VII The Wage Theorem of Unilateral and Bilateral Monopoly
67
5
VIII The Problem of the `Artificial Rise' of Wages
72
17
PART II EQUILIBRIUM AND POWER
89
81
Yasuma Takata
Janet Hunter
I Power and the Economy: The View of an Anti-Schumpeterian
89
17
1 Introduction
89
2
2 Schumpeter's view of the economic effects of power
91
2
3 Can pure economic theory claim to have autonomy?
93
4
4 Power and the prices of factors of production
97
4
5 Counter-criticism of Schumpeter's theory
101
5
II Why Can Wages be Rigid? An Alternative Foundation for Keynes' Premise
106
13
1 Keynes' supply function of labour, and his conscious support for power theory
106
2
2 A reconsideration of wage theory
108
2
3 Involuntary unemployment in its true light
110
4
4 The economic behaviour of people within the framework of the social order
114
5
III Why Interest Remains Positive even in Static Equilibrium: Another Anti-Schumpeterian View
119
33
1 Introduction
119
2
2 The productivity of capital, and class relations
121
3
3 Theories of power since equilibrium theory
124
2
4 The dynamic theory of interest and power theory
126
3
5 New wage fund theory and power theory
129
4
6 The meaning and importance of the sociological explanation
133
2
7 The subsidiary nature of consumer demand
135
3
8 The circumstances under which profit is absorbed as interest -- the separation of capitalist and enterprise
138
2
9 Conditions for realisation of profit -- the advance payment economy and capital shortage
140
4
10 The inevitability of capital shortage -- power relations
144
8
IV Disequilibrium in Factor Markets due to Power, with Special Reference to Agricultural Land Rent
152
9
1 Recognised theories of land rent
152
2
2 Disequilibrium due to power
154
3
3 Three kinds of power
157
4
V The Twentieth Century and Secular Disequilibrium in the Economy: A Power-Theoretic View
161
9
1 Marx, Keynes and Schumpeter
161
4
2 A power-theoretic stagnation theory
165
5
Notes and References
170
15
Bibliography
185
3
Index
188