Beyond Capital and Labour

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Beyond Capital and Labour A Study of Twentieth Century Economics Through the Works of Keynes, Marx and Steiner

Christopher Houghton Budd

Publication: 2019

ISBN: 978 0 948229 62 6

Price: £7.50

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Modern economic history, that is, economic history since the early twentieth century, turns on two main considerations. Firstly, the rise of the Industrial Revolution and the consequent development of one-sided capitalism – meaning the relation between capital and labour has yet to be rightly understood, let alone given fruitful social form. Just as Sovietism proved bankrupt, the divide between workers and capitalists that haunts us still is surely not the end of our journey. Likewise, secondly, the Treaty of Versailles, with which World War 1 was concluded, remains an infamous case of vengeance resulting in impossible reparations and a complete skewing of subsequent history due to the rise of Hitler and his subsequent actions. Written in 1980, this short study endeavours to review the significance of those developments and to ask what direction humanity might otherwise have taken… and could yet take.

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Economics The World as One Economy

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Economics The World as One Economy

Rudolf Steiner

Publication: 2019

ISBN: 978 0 948229 16 9

Price: £15.00

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Today’s economic reality is that of a single global economy. Traditional economics does not recognise this fact and in consequence has yet to master the complexities of modern economic life. It attempts to explain events in terms of nation-state economies as if unaware that this frame of reference is out of date. The world’s economy has long ceased to comprise separate national areas, so theories and structures that overlook this fact are bound to fail. What is needed is a global approach to economic life and with this a dynamic analysis of the economic process – something that can only happen once we find a path that takes us beyond the confines of nationalistic thinking. Not generally known for his contribution to economics, Steiner shows a remarkable knowledge of economic history and a firm grasp of day-to-day problems – from the price of gold to the structure of state capitalism. Though they were given in 1922 (when John Maynard Keynes was writing A Tract on Monetary Reform), these lectures and discussions have lost nothing of their relevance. The problems facing humanity at the end of World War 1 have never been properly addressed and haunt us still. They continue just below the surface, glossed over by the increasingly abstract economics that dominates our times. For those who would penetrate the veneer of modern economics this book is a repository of valuable insights, prefaced by an essay putting Steiner’s contribution to economics in a modern context.

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