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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Inequality and Global Supra-Surplus Capitalism

Inequality and Global Supra-Surplus Capitalism

Canterbery, E. Ray

Hardcover

Economics

ISBN10: 9813200820
ISBN13: 9789813200821
Publisher: World Scientific Publishing Company
Published: Feb 4 2018
Pages: 380
Weight: 2.30
Height: 1.00 Width: 6.10 Depth: 9.10
Language: English

This book is written as a sequel to John Kenneth Galbraith's The Affluent Society, and provides a theoretical framework, for the first time, for surpra-surplus capitalism.

Conventional economics has the income and wealth distributions as givens. This assumption immediately excludes such distributions from economic and social concern. Occasionally, economists such as Kenneth Boulding and even earlier, Michal Kalecki, have attempted to develop alternative perspectives in which such distributions are integral to the story and therefore have implications for public policy. At the same time, conventional microeconomics is a theory of price only in which economic efficiency (in an engineering sense) is the only value to be optimized. The income or wealth distributions are given as constraints. Mathematically, the constraints thereafter become invisible; they have no further role to play. The choices that are presumed to be made are neither inhibited nor facilitated by a household's position in the income or wealth distributions.

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