The Irreconcilable Inconsistencies of Neoclassical Macroeconomics

ebook A False Paradigm · Routledge Frontiers of Political Economy

By John Weeks

cover image of The Irreconcilable Inconsistencies of Neoclassical Macroeconomics

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In the course of this book it is argued that the loss of what is essentially "macro" in Keynes is the result of a preference for a form of equilibrium analysis that gives unqualified support to the ideology of free markets. In the case of Marx, his theory of exploitation and from this the stress on class struggle, led to an almost complete neglect of his contribution to the analysis of the aggregate demand and supply of commodities.

The Irreconcilable Inconsistencies of Neoclassical Macroeconomics