Recognizing the lack of insightful treatment that neoclassical economics has given to spatial and structural dimensions, this work applies the Schumpeterian dialectic to political economy in an attempt to explain the role played by change in profit-seeking economies. Topics covered include applying ...
Recognizing the lack of insightful treatment that neoclassical economics has given to spatial and structural dimensions, this work applies the Schumpeterian dialectic to political economy in an attempt to explain the role played by change in profit-seeking economies. Topics covered include applying the dialectic to local and regional contexts in advanced economies, multinational business organizations and their impact on individual economies, and the emergence of service industries. A summary section discusses public sector concerns, and assesses what government can and cannot do to influence change in the face of automatic capitalistic processes.