Economics and Liberating Theory - Part 7 ppsx
Economics and Liberating Theory - Part 7 ppsx
... other. Suppose I come and
sell my potatoes for money and then my six-year-old breaks his arm
running around underneath the vegetable stands, I take him to the
emergency room, and by the time we ... a theater, and say
there are 100 people and you have the rush-to-the-exit problem. With
derivatives, it’s as if without your knowing it, there are another 500 people
in the theater, and...
Economics and Liberating Theory - Part 1 pdf
... liberation and anti-
racist movements, and anarchism, as well as from mainstream
psychology, sociology, and evolutionary biology where useful.
Liberating theory attempts to understand the relationships ... assembly lines, raw
materials, and products are objects, and part of the “built” environ-
ment. Ruth, Joe, and Sam, the people who work in, or own the
factory, are people,...
Economics and Liberating Theory - Part 2 pps
... for US Household Income 19 47 93
8
8. Source: Edward Wolff, Economics of Poverty, Inequality and Discrimination
(South-Western Publishing, 19 97) : 75 .
9. Walter Park and David Brat, “A Global Kuznets ... important to evaluate
and take into account.
SELF-MANAGEMENT
I define self-management as decision making input in proportion to the
degree one is affected, and believe more self-...
Economics and Liberating Theory - Part 3 docx
... of self-managed and other-directed or alienated labor,
and from the supervisory costs of monitoring employees. Conse-
quently the model fails to capture differences in outcomes from
labor and credit ... consider the impli-
cations of people’s preferences for how they work, and who decides how
they work, and discuss the effects of more realistic assumptions about con-
sumption and...
Economics and Liberating Theory - Part 4 doc
... falls and sell less
Markets 97
4. For a rigorous demonstration that endogenous preferences imply snow-
balling inefficiency when there are market externalities see theorems 7. 1
and 7. 2 in Hahnel and ... supply and demand closely approximate true marginal
social costs and benefits then the individually rational behavior of
buyers and sellers and the workings of the micro law...
Economics and Liberating Theory - Part 5 doc
... capital-using and labor-
saving or capital-saving and labor-saving, and whether they be
socially productive or counterproductive. Can we conclude
anything definitive about the effect of any cost-reducing ... capital-using and labor-saving. And we
know capitalists in industry 1 embraced it when the wage rate was
2. 375 (and the rate of profit was zero), but rejected it when the wage...
Economics and Liberating Theory - Part 6 ppt
... of supply and demand which is
the key to understanding how markets for particular goods and
services work. The macro law of supply and demand is the key to
understanding how much goods and services ... The old theory
was relabeled “micro economics and preserved as the centerpiece
of the traditional paradigm, and a new theory called macro
economics was created to explain the...
Economics and Liberating Theory - Part 8 docx
... ECONOMY MACRO ECONOMICS AND IMF CONDITION-
ALITY AGREEMENTS
In chapters 6 and 7 we learned how aggregate demand explains the
causes of some kinds of unemployment and inflation, and studied
the ... goods and services available. And besides the
demand that comes from the domestic household, business, and
government sectors, foreign demand for exports adds to the demand
for fin...
Economics and Liberating Theory - Part 9 pdf
... is
zero. L is the number of person-years employed during the year, and
c is the number of shmoos consumed per person-year of
employment by both workers and capitalists.
7
This means that total
annual ... declines, and when m decreases their
real wage rises.
9
Solving the model
When added to our basic framework of equations (2), (4), and (6)
and the inequality u ≤ 1/a(1), equations...
Economics and Liberating Theory - Part 10 potx
... resort to appearances and partial con-
cessions.
While progressives have every reason to validate people’s desires
for economic justice and real participation, and work to expand
partial concessions, ... Michael Albert and Robin Hahnel, Marxism
and Socialist Theory, and Socialism Today and Tomorrow both published by
South End Press in 1981.
proportion to the degree they are af...
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