-
Volume II of Das Kapital, he
provides the
following critique of
underconsumptionist theory: "It is
sheer redundancy to say that
crises are
produced by...
-
campaigner and
Member of Parliament. He was the
leading figure of the
underconsumptionist Birmingham School of economists, and, as the
founder of the Birmingham...
-
impossibility of
realising profits in a close-capitalist
system and that her
underconsumptionist theory was too crude. Her
conclusion that the
limits of the capitalist...
-
leading her to
campaign against war and colonialism. Luxemburg's
underconsumptionist argument was
heavily criticised by many
Marxist and non-Marxist economists...
-
there were
debates in
British economics,
notably the
opposition underconsumptionist school.
During the
Great Depression, the
school of
Keynesian economics...
- can be
interpreted as an
underconsumptionist theory of crisis. The
citation usually given in
support of an '
underconsumptionist theory of crisis' is Marx's...
- — Proverbs 11:24
which has
found occasional use as an
epigram in
underconsumptionist writings.
Keynes himself notes the
appearance of the
paradox in The...
- For a
review article that
analyzes the classical, Keynesian, and
underconsumptionist approaches to wages, see Weintraub,
Sidney (December 1956). "A Macroeconomic...
- that has
dominated Marxism between disproportionality theories,
underconsumptionist theories, and
falling rate of
profit theories of
crisis has really...
-
Waddill Catchings, who were
influential in the 1920s and 1930s.
Underconsumptionists were, like
Keynes after them,
concerned with
failure of aggregate...
