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This book examines the limitations of traditional Marxist economic theory and proposes an evolutionary approach to understanding economic systems. It delves into the works of Karl Marx and Piero Sraffa, highlighting their contributions and shortcomings in explaining contemporary economic phenomena. The author argues for a more dynamic and institutionally-aware framework to analyze economic development and change, moving beyond static equilibrium models.
The book is recognized for its rigorous engagement with foundational economic theories and its forward-looking perspective on evolutionary economics. It is considered a significant contribution to heterodox economic thought, offering a nuanced critique of established models. The work is likely to appeal to scholars and students interested in the history of economic ideas and alternative approaches to economic analysis. Its detailed examination of Marx and Sraffa provides a solid basis for understanding contemporary economic debates.
Page Count:
279
Publication Date:
1991-01-01
ISBN-10:
033354224
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