Rethinking Capital
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Beschreibung
This book develops a comprehensive systematic economic theory, conceiving how the dynamic of market relations generates an economy dominated by the competitive process of individual profit-seeking enterprises. The author shows how, contrary to classical political economy and contemporary economics, the theory of capital is an a priori normative account properly belonging to ethics. Exposing and overcoming the limits of the economic conceptions of Hegel and Marx, Rethinking Capital determines how the system of capitals shapes economic freedom, jeopardizing the very rights in whose exercise it consists. Winfield thereby provides the understanding required to guide the private and public interventions with which capitalism can be given a human face.
This book develops a comprehensive systematic economic theory, conceiving how the dynamic of market relations generates an economy dominated by the competitive process of individual profit-seeking enterprises. The author shows how, contrary to classical political economy and contemporary economics, the theory of capital is an a priori normative account properly belonging to ethics. Exposing and overcoming the limits of the economic conceptions of Hegel and Marx, Rethinking Capital determines how the system of capitals shapes economic freedom, jeopardizing the very rights in whose exercise it consists. Winfield thereby provides the understanding required to guide the private and public interventions with which capitalism can be given a human face.
Provides a comprehensive theory of capital, showing how capital involves relations of economic freedom that put in jeopardy the very rights in whose exercise they consist Broadens understanding of the ethical dimension of commodity exchange, production, capital accumulation, and competition Offers readers a thorough critique of the three volumes of Marx’ Capital, as well as a positive alternative to the other major schools of modern economics
Autor*in
Richard Dien Winfield
Themen in »Rethinking Capital«
marx economy market justice capital