Coverart for item
The Resource Economics and power : a Marxist critique, Giulio Palermo, (electronic book)

Economics and power : a Marxist critique, Giulio Palermo, (electronic book)

Label
Economics and power : a Marxist critique
Title
Economics and power
Title remainder
a Marxist critique
Statement of responsibility
Giulio Palermo
Creator
Author
Subject
Language
eng
Summary
In the economic debate, power is defined and studied mainly as an interpersonal relation occurring out of perfect competition. This is a consequence of the combination of methodological individualism and the assumption of competition as a natural and everlasting coordinating mechanism, operating without any sort of coercion. This methodology, however, is not adequate to analyze the forms of social coercion that characterize capitalism. Economics and Power criticizes the main theories of power developed in economic literature, analyzing ultraliberal contractualism to radical political economics, and ultimately suggesting a Marxist conception of power and coercion in capitalism. Palermo's ontological argument is rooted in the philosophy of c̀ritical realism'.This unique volume presents his main finding as being that the essential coercive mechanism of capitalism is competition. Capitalist power is not caused by a lack of competition, but by the central role it plays in this mode of production. Following this, the chapters reconstruct a Marxian conception of power where it is analyzed as a social relation and argues that perfect competition does in fact exist under the disguise of capitalist power. This book criticizes the construct of power and the underlying ideas surrounding perfect competition. This book is of interest to those who study political economy, as well as economic theory and philosophy
Member of
Cataloging source
  • StDuBDS
  • StDuBDS
http://library.link/vocab/creatorName
Palermo, Giulio
Dewey number
335.412
Illustrations
illustrations
Index
no index present
LC call number
HB97.5
LC item number
.P247 2016
Literary form
non fiction
http://library.link/vocab/subjectName
  • Marxian economics
  • Economics
  • Power (Social sciences)
Target audience
specialized
Label
Economics and power : a Marxist critique, Giulio Palermo, (electronic book)
Instantiates
Publication
Carrier category
online resource
Carrier MARC source
rdacarrier
Content category
  • text
  • still image
Content type MARC source
  • rdacontent
  • rdacontent
Contents
<P>Foreword and acknowledgements</P> <P></P> <P>1. Introduction</P><I> <P>The dimensions of power in social sciences</P> <P>The unidimensional view of power in economics</P> <P>Methodological choices and ontological necessities</P> <P>Historical materialism, exploitation and social coercion</P> <P>Marx's critique of capital and the critique of power</P> <P>Structure of the book</P></I> <P></P> <P> </P><B> <P>PART I. POWER IN ECONOMICS</P></B> <P></P><B> <P>2. The economic debate on power</P></B><I> <P>The contractual approach of Alchian and Demsetz</P> <P>Williamson's transaction costs economics</P> <P>The property rights approach of Hart and Moore</P> <P>The radical political economics of Bowles and Gintis</P> <P>Golfberg's institutional perspective</P> <P>The terms of the debate</P></I><B> <P></P> <P>3. Power and post Walrasian economics</P></B><I> <P>Post Walrasian economics</P> <P>From Walrasian to post Walrasian economics </P> <P>The theoretical results of Walrasian economics</P> <P>The role of perfect competition in the debate on power</P> <P>Conclusions</P></I> <P></P><B> <P>4. Power demystification</P></B><I> <P>The categories of post Walrasian economics</P> <P>As-if economic history</P> <P>History and efficiency</P> <P>Free contracting, imperfections and class relations</P> <P>Exchange without production</P> <P>Production, circulation, and the free trader vulgaris</P> <P>Scientific research and cultural hegemony</P> <P>Conclusions</P></I> <P></P><I> <P> </P></I><B> <P>PART II. THE ONTOLOGY OF CAPITALIST POWER AND THE COERCIVE LAW OF COMPETITION</P> <P></P> <P>5. Marx's critique of capital and competition</P></B><I> <P>Competition in Marx's work</P> <P>Total social capital and competition between individual capitals </P> <P>The origins of competition</P> <P>Competition and the contradictions of capital</P> <P>The development of competition and the process of capital subsumption</P> <P>Association against competition</P> <P>The end of competition</P> <P>Bourgeois economics and the myth of perfect competition</P> <P>Conclusions</P></I> <P></P><B> <P>6. Capitalism as a system of power</P></B><I> <P>Critical realism</P> <P>Critical realism and Marxism </P> <P>The ontology of power</P> <P>The ontology of capitalist power</P> <P>Conclusions</P></I> <P></P><B> <P>7. Final remarks</P></B><I> <P>Scientific goals, methodology and ontology</P> <P>Formal similarities within opposite conceptions</P> <P>Economists as servant of power</P> <P>Reorienting the struggle</P></I>
Control code
AH29192824
Extent
168 pages
Form of item
electronic
Governing access note
After 5 minutes Preview, click on &#x32;Request Access&#x33;, fill in a form with your details. If triggered, the book will be loaned and tied to the one user for 1 week, during which time users can read or download as they choose. 4th user request triggers auto-purchase
Isbn
9781138923096
Media category
computer
Media MARC source
rdamedia
Other physical details
illustrations (black and white)
Specific material designation
remote
Label
Economics and power : a Marxist critique, Giulio Palermo, (electronic book)
Publication
Carrier category
online resource
Carrier MARC source
rdacarrier
Content category
  • text
  • still image
Content type MARC source
  • rdacontent
  • rdacontent
Contents
<P>Foreword and acknowledgements</P> <P></P> <P>1. Introduction</P><I> <P>The dimensions of power in social sciences</P> <P>The unidimensional view of power in economics</P> <P>Methodological choices and ontological necessities</P> <P>Historical materialism, exploitation and social coercion</P> <P>Marx's critique of capital and the critique of power</P> <P>Structure of the book</P></I> <P></P> <P> </P><B> <P>PART I. POWER IN ECONOMICS</P></B> <P></P><B> <P>2. The economic debate on power</P></B><I> <P>The contractual approach of Alchian and Demsetz</P> <P>Williamson's transaction costs economics</P> <P>The property rights approach of Hart and Moore</P> <P>The radical political economics of Bowles and Gintis</P> <P>Golfberg's institutional perspective</P> <P>The terms of the debate</P></I><B> <P></P> <P>3. Power and post Walrasian economics</P></B><I> <P>Post Walrasian economics</P> <P>From Walrasian to post Walrasian economics </P> <P>The theoretical results of Walrasian economics</P> <P>The role of perfect competition in the debate on power</P> <P>Conclusions</P></I> <P></P><B> <P>4. Power demystification</P></B><I> <P>The categories of post Walrasian economics</P> <P>As-if economic history</P> <P>History and efficiency</P> <P>Free contracting, imperfections and class relations</P> <P>Exchange without production</P> <P>Production, circulation, and the free trader vulgaris</P> <P>Scientific research and cultural hegemony</P> <P>Conclusions</P></I> <P></P><I> <P> </P></I><B> <P>PART II. THE ONTOLOGY OF CAPITALIST POWER AND THE COERCIVE LAW OF COMPETITION</P> <P></P> <P>5. Marx's critique of capital and competition</P></B><I> <P>Competition in Marx's work</P> <P>Total social capital and competition between individual capitals </P> <P>The origins of competition</P> <P>Competition and the contradictions of capital</P> <P>The development of competition and the process of capital subsumption</P> <P>Association against competition</P> <P>The end of competition</P> <P>Bourgeois economics and the myth of perfect competition</P> <P>Conclusions</P></I> <P></P><B> <P>6. Capitalism as a system of power</P></B><I> <P>Critical realism</P> <P>Critical realism and Marxism </P> <P>The ontology of power</P> <P>The ontology of capitalist power</P> <P>Conclusions</P></I> <P></P><B> <P>7. Final remarks</P></B><I> <P>Scientific goals, methodology and ontology</P> <P>Formal similarities within opposite conceptions</P> <P>Economists as servant of power</P> <P>Reorienting the struggle</P></I>
Control code
AH29192824
Extent
168 pages
Form of item
electronic
Governing access note
After 5 minutes Preview, click on &#x32;Request Access&#x33;, fill in a form with your details. If triggered, the book will be loaned and tied to the one user for 1 week, during which time users can read or download as they choose. 4th user request triggers auto-purchase
Isbn
9781138923096
Media category
computer
Media MARC source
rdamedia
Other physical details
illustrations (black and white)
Specific material designation
remote

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