Read e-book online Papers on Capitalism, Development and Planning (Collected PDF

By Maurice Dobb

ISBN-10: 0415523613

ISBN-13: 9780415523615

This quantity contains lectures and articles by way of Maurice Dobb chosen from between these brought or written by means of him throughout the Fifties and 60s. It contains 3 lectures introduced on the college of Bologna on ‘Some difficulties within the background of Capitalism’, lectures on financial improvement given on the Delhi tuition of Economics, articles at the thought of improvement, and a few articles on quite a few questions of soviet monetary making plans contributed to professional journals. the gathering ends with a notice on reflection on Marx’s Das Kapital released in popularity of the centenary of the looks of quantity one in all that paintings in 1867.

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‘Never uninteresting, he increases difficulties of basic value in a though-provoking and undogmatic way.’ New Society.

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Download e-book for iPad: Papers on Capitalism, Development and Planning (Collected by Maurice Dobb

This quantity comprises lectures and articles through Maurice Dobb chosen from between these added or written by means of him throughout the Nineteen Fifties and 60s. It contains 3 lectures introduced on the collage of Bologna on ‘Some difficulties within the heritage of Capitalism’, lectures on financial improvement given on the Delhi tuition of Economics, articles at the conception of improvement, and a couple of articles on a number of questions of soviet monetary making plans contributed to expert journals.

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Additional resources for Papers on Capitalism, Development and Planning (Collected Works of Maurice Dobb, Volume 3)

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In a country so dependent on foreign trade as is Britain, it holds the threat of recurring balance-ofpayments crises; and these in turn, by encouraging speculative movements of foreign balances ('hot money'), exert a strongly destabilising effect on foreign exchange rates and international trade relations. Even at a milder stage than this, inflation can have drastic effects both upon the pattern of production and on the distribution of wealth and income. In its way it can be regarded as being as much an instrument of class struggle as was traditionally the existence of an unemployed reserve army, even though in the kind of setting here described it may appear, for the time being, a safer way of pruning the share of labour in total income to allow prices to rise than to force a reduction of money wage rates.

46 CAPITALISM SINCE 'rHE FIRST WORLD WAR beyond the traditional economic competition of the textbooks. Today they involve not only vast expenditures on propaganda campaigns and the 'psychological warfare' of the 'image creators' and the 'hidden persuaders', but such quasi-political, quasimilitary measures as the elimination or browbeating of rivals, the creation of protected markets and privileged 'spheres of interest', and weapons such as the tying contract and the organised boycott. This is not to mention the competition for government contracts which are such an important market factor today.

Evidence may possibly be lacking for the simple reason that until recently no one has posed this question and sought to answer it. But there is a general consideration which has some bearing upon it. If there had been a general tendency at any time to sell a particular type of asset (say, gold and silver plate or country houses), then these would have lost value for lack of buyers, and this very fall in value would have 30 PRELUDE TO THE INDUSTRIAL REVOLUTION inhibited their sale. On the other hand, if the market for such assets had been supported by a plenitude of buyers of thembuyers who constituted presumably a new and rising parvenu bourgeois stratum-then prime significance would have attached to the enrichment of the latter, since it would have been they who were providing (at one remove) the investible funds for financing the Industrial Revolution.

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Papers on Capitalism, Development and Planning (Collected Works of Maurice Dobb, Volume 3) by Maurice Dobb


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