Author : Michael Perelman
Publisher : Bloomsbury Publishing
ISBN 13 : 1472508467
Total Pages : 285 pages
Book Rating : 4.4/5 (725 download)
Book Synopsis Classical Political Economy by : Michael Perelman
Download or read book Classical Political Economy written by Michael Perelman and published by Bloomsbury Publishing. This book was released on 2013-11-07 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Classical Political Economy addresses the question of what determines the social division of labour, the division of society into independent firms and industries and develops the theoretical implications of primitive accumulation. It also offers a significantly different interpretation of classical political economy, demonstrating that this school of thought supported the process of primitive accumulation. Classical political economy presents an imposing facade. For more than two centuries, the accepted doctrine dictates that a market generates forces that provide the most efficient method for organising production. This laissez faire approach is an ideology that gives capital absolute freedom of action, and yet called for intervention to coerce people to do things that they would not otherwise do. Classical political economy therefore encouraged policies that would hinder people's ability to produce for their own needs. Michael Perelman, however, in this innovative take on the subject, seeks to challenge the ideologies that would allow things to continue in this line unchecked.