Profit Theory and Capitalism / / Mark Obrinsky.

• Superior document: Title is part of eBook package: De Gruyter University of Pennsylvania Press Package Archive 1898-1999
• VerfasserIn: Obrinsky, Mark,
• Place / Publishing House: Philadelphia : : University of Pennsylvania Press, , [2015]; ©1983
• Year of Publication: 2015
• Language: English
• Physical Description: 1 online resource (192 p.)
• Other title: Frontmatter --; Contents --; Preface --; CHAPTER 1. The Profit Puzzle --; CHAPTER 2. Adam Smith and the Classical Confusions --; CHAPTER 3. The Surplus Theories: Ricardo and Marx --; CHAPTER 4. The Neoclassical Profit Evasion --; CHAPTER 5. Profits and the Entrepreneur --; CHAPTER 6. Profits and Uncertainty --; CHAPTER 7. The Incomplete Institutional View --; CHAPTER 8. Sraffa and the Surplus Revival --; CHAPTER 9. Profits and the Early Macro Theory --; CHAPTER 10. Post Keynesian Profit Theory --; CHAPTER 11. Profits: A Concluding Assessment --; References --; Index
• Format: Mode of access: Internet via World Wide Web.
• ISBN: 9780812292565; 9783110442526
• DOI: 10.9783/9780812292565
• Access: restricted access
• Hierarchical level: Monograph
• Statement of Responsibility: Mark Obrinsky.

The pursuit of profit by business motivates the capitalist economic system. Understanding profits, therefore, especially the source of profits, is essential to an understanding of capitalism. Mark Obrinsky claims that there has never been an adequate profit theory in mainstream economics. To find the source of profits, he argues, one needs to look beyond ownership of the productive factors of land, labor, and capital.Profit Theory and Capitalism makes a sharply reasoned and accessible contribution to critical theory, the history of economic thought, and post-Keynesian theory. Its insights will be of value to all students and theorists working in the area of income distribution.