Dissent, Volumen3Dissent Publishing Corporation, 1967 |
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Página 59
... investment could only mean newly constructed physical assets , not the mere purchase of securities . But such investment is undertaken under capitalism only if it yields a profit equal to at least the next best alternative . If the ...
... investment could only mean newly constructed physical assets , not the mere purchase of securities . But such investment is undertaken under capitalism only if it yields a profit equal to at least the next best alternative . If the ...
Página 60
... investment goods . Business gyrations arose too from the fact , previously stated in an explicit way only by Marx , that the largest part of investment is made by a small group which does not absorb the bulk of consumer goods . The most ...
... investment goods . Business gyrations arose too from the fact , previously stated in an explicit way only by Marx , that the largest part of investment is made by a small group which does not absorb the bulk of consumer goods . The most ...
Página 63
... investment ultimately becomes the saving - consumption relation . In Marx it is the rate of saving out of surplus value that governs investment : the pace is set by the compe- titive urge to beat down all rivals . Effective demand as a ...
... investment ultimately becomes the saving - consumption relation . In Marx it is the rate of saving out of surplus value that governs investment : the pace is set by the compe- titive urge to beat down all rivals . Effective demand as a ...
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