Beyond the Steady State

Beyond the Steady State

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The essays in this book seek to identify the mechanisms that determine the extent and nature of economic growth. The subject is addressed under four headings: demand-determined growth, technical change, traverse and growth cycles.... wealth through interest income, and also earns the a€œwages of superintendencea#39; a€”that is, earns management salariesa€”then it can ... savings but little property, on the one hand, and wealthy property-owning families which also occupy the top managerial positions, on the other. ... The savings by capitalists in relation to their capital K. must be equal to worker saving in relation to Kw, and both ratios mustanbsp;...

Title:Beyond the Steady State
Author: Joseph Halevi
Publisher:Springer - 1992-06-18

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