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Long Waves Are Key to the Development of Capitalism


Long Waves Are Key to the Development of Capitalism - Jacobin

Belgian Marxist Ernest Mandel explained long waves as a key factor in capitalism's development. Mandel's theory is one of the most ...

Long Waves of Capitalist Development: A Marxist Interpretation

In this revised and expanded edition of Long Waves of Capitalist Development, Ernest Mandel seeks to explain the underlying determinants of the booms and ...

Long Waves of Capitalist Development by Ernest Mandel

In this revised and expanded edition of Long Waves of Capitalist Development, Ernest Mandel seeks to explain the underlying determinants of the booms and slumps ...

Explaining long waves of capitalist development - ScienceDirect

Although basic innovations are bunched in a 'countercyclical' manner during the depressive phases of long waves, they do not themselves cause the transition.

Long Waves of Capitalist Development - A Marxist Interpretation

Whereas the con- cept of long waves in the development of capitalist economy had definitely been out of grace with most Marxists for many decades, it had also ...

Long Waves as Capitalist Process - jstor

key issue surely is profit rates. ... Metodologia Aplicada de los Ciencias Histôricas, 587-93. Mandel, Ernest (1980). Long Waves of Capitalist Development: The ...

Long-Wave Economic Cycles: The Contributions of Kondratieff ...

Writing in the early 1920s Nikolai Kondratieff advanced the idea of the probable existence of long wave cycles in capitalist economies lasting roughly between ...

Long Waves of Fossil Development: Periodizing Energy and Capital

Think, for example, of the ocean steamers.”50 If new life is to be breathed into sagging capitalism, it must come in the most basic, most universal guise: ...

Opinion | How 'long economic waves' could save capitalism

Unlike normal business cycles, which lasted about a decade, Kondratieff's long waves typically spanned 50 to 60 years. Initially, investment ...

Long Waves and Stages of Capitalist Development - SpringerLink

Long waves are primarily a reflection of the temporal unevenness of competitive processes In the capitalist world-economy. Borrowing freely from Schumpeter, ...

Marxism and the theory of “Long Waves”

He concluded that the capitalist system passes through "long waves", in which each downswing is followed by an upswing which can last for ...

The rhythms of capital. On Mandel's The Long Waves of Capitalist ...

Daniel Bensaïd: The rhythms of capital. On Mandel's The Long Waves of Capitalist Development ... At the end of the Second World War, the ...

Empirical Evaluation of Long Waves of Capitalist Development

The Great Recession was followed by tepid recovery which has stretched into more than a decade of constricted growth. Long wave theory ...

Long Waves of Capitalist Development: An Empirical Investigation

Since expected profitability is the key driver of the process of capital accumulation and economic growth, Gordon, Weisskopf and Bowles (1983) ...

Long Waves: The History of Innovation Cycles - Visual Capitalist

Long Waves: How Innovation Cycles Influence Growth ... Creative destruction plays a key role in entrepreneurship and economic development. Coined ...

13 The International Debate on Long Waves of Capitalist Development

The controversy about forces determining basic changes in gen- eral conditions of capital accumulation, and the correlated questions about the ups and downs of ...

4 "Long Waves" in the History of Capitalism - can be

In making this crucial point, incidentally, Marx anticipated the entire modern academic theory of cycles which, as we know, sees in the investment activity of ...

Long Waves of Capitalist Development: An Empirical Investigation

capitalist development, and especially industrialization, was relatively incomplete in many countries prior to 1890. ... seen as the proper period for studying th ...

Long cycles, long waves and expansionary phases

Abstract. The identification of long waves of capitalist development ... composition of capital is significantly lower than in the basic industrial branches of ...

Long Waves of Capitalist Development: An Empirical Investigation

Using historical data for 20 capitalist countries from the Maddison-Project, I find that the growth rate of real per capita GDP (and real GDP) is significantly ...