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      World Review of Political Economy

      Volume 1, Issue 3
       
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      FROM THE APPEARANCE OF THE ECONOMYTO ITS ESSENCE AND BACK METHODOLOGICAL PRECONDITIONS ON HOW TO ANALYZE CRISES

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      Journal: World Review of Political Economy
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            Abstract

            While mainstream economists abstract from any links of the economy to human beings—replacing them by selfish machines—heterodox economists try to look behind the surface, link them to certain periods of history and to the source of all value: humans are social beings and cannot exist without mutuality. Inspired by Karl Marx a verbal and mathematical heterodox reconstruction of contemporary capitalist economies is presented. Starting the description on a very abstract level (use values), step by step new layers of economic activities are added and become the basis for the next one. Vice versa economic activities on lower layers become controlled and modified by higher layers. The most recent layer, information society, shows an ambivalent face. While capitalism has developed new technologies that in principle could allow for the participation of the many via nearly free information, it developed rigid Intellectual Property Rights and enforces artificial shortage of information goods.

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            Journal
            Journal ID (jstor): worlrevipoliecon
            Journal ID (doi): 10.2307/j50005553
            Title: World Review of Political Economy
            Publisher: Pluto Journals
            ISSN (Print): 2042891X
            Publication date (Print): 1 October 2010
            Volume: 1
            Issue: 3
            Pages: 388-406
            Article
            DOI: 10.2307/41931879
            SO-VID: a9bf3975-1abc-49f0-8313-050f5bd494a4
            Copyright © © WORLD ASSOCIATION FOR POLITICAL ECONOMY 2010
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            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

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            ScienceOpen disciplines: Political economics

            Notes

            1. www.wrpe.org/WAPE/WAPE%20Papers%202008/Peter_Fleissner.pdf

            2. www.xjtek.com

            3. www.aitia.hu/simulationen/fables

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