The Macrodynamics of Capitalism: Elements for a Synthesis of Marx, Keynes and Schumpeter

This book provides an introduction to advanced macrodynamics, viewed as a di- quilibrium theory of fluctuating growth. It builds on an earlier attempt to reformulate 1 the foundations of macroeconomics from the perspective of real markets diseq- librium and the conflict over income distribution between capital and labor. It does so, not because it wants to support the view that this class conflict is inevitable, but with the perspective that an understanding of this conflict may help to for...