Competition, Monopoly, and Differential Profit Rates: On the Relevance of the Classical and Marxian Theories of Production Prices for Modern Industrial and Corporate Pricing

Competition, Monopoly, and Differential Profit Rates: On the Relevance of the Classical and Marxian Theories of Production Prices for Modern Industrial and Corporate Pricing

Competition, Monopoly, and Differential Profit Rates: On the Relevance of the Classical and Marxian Theories of Production Prices for Modern Industrial and Corporate Pricing

Competition, Monopoly, and Differential Profit Rates: On the Relevance of the Classical and Marxian Theories of Production Prices for Modern Industrial and Corporate Pricing

Excerpt

The original incentives to work on these ideas of competition and monopoly within the context of the Classical and Marxian economic theory go back to the time when I taught at the Free University of Berlin and enjoyed very lively discussions with my colleagues and the students about this topic. A grant from the American Council of Learned Societies for the year 1978-1979 and my affiliation with the economic departments of Columbia University and the New School for Social Research made it possible to undertake extensive theoretical and empirical studies on this subject without teaching obligations. During the preparation of this work I enjoyed the extremely helpful discussions and comments by Anwar Shaikh and Ulrich Krause from the time of the original conception and by Duncan Foley at a later stage. I am also very grateful for discussions and comments on earlier drafts of the manuscript or particular chapters, especially for those by Ghislain Deleplace on section 2.3, as well as to James Clifton, Peter Flaschel, Alfred Eichner, and David Kotz. All of them have helped me with a detailed critique and valuable suggestions concerning the theories and the material treated in this book. Several colleagues and friends with whom I have shared discussions of ideas have provided useful comments on parts of the manuscript or on earlier papers that were integrated into the final version of this book. Among them are Robert Heilbroner, David Schwartzman, Edward Nell, Paul Sweezy, Harry Magdoff, Pierangelo Garegnani, Elmar Altvater, Juergen Hoffmann, Bertram Schefold, Neri Salvadori, Howard Wachtel . . .

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.