Some error occured while loading the Quick View. Please close the Quick View and try reloading the page.
Frontmatter 1
Contents 7
Foreword 13
Chapter I. Praeter-Economics: Wealth procurement by violence 33
Section 1. Value and value attribution 39
Section 2. Money and money creation 58
Section 3. The economic system 76
Section 1. Consumptive and investive spending: C-M-C' and M-C-M' 81
Section 2. The productive and the sterile economy 109
Section 3. A tableau économique of modern capitalism 118
Section 4. An original assembly 132
Section 1. Goods procurement in primitive society 137
Section 2. Primitive society and civilization 138
Section 3. The master drama of ancient capitalism: Land for peasants 144
Section 1. Conservative-restorative policies and prosthetics in ancient Greece 149
Section 2. Conservative-restorative policies and prosthetics in ancient Rome 164
Section 3. China: A glance at 2000 years of East-Eurasian ancient master drama 174
Section 4. The failure of conservatism/restoration, ancient prosthetics and their dilemmas 186
Chapter VI. The master drama of modern capitalism: Employment for workers 199
Section 1. Circuit closure analysis 201
Section 2. Quesnay's dépenses-integrated "royaume agricole" 203
Section 3. Smith: An invisible hand over suppliers and customers 216
Section 4. Proudhon and Sismondi: Producers cannot buy their produce 221
Section 5. Malthus: Costs cannot buy value 227
Section 6. What Say said and Ricardo's Law of Say 233
Section 7. Marx's insufficient theory on insufficient employmentgenerating spending 242
Section 8. Keynes: Firms' deficient employment-generating spending as deficient remedy for consumers' deficient employment-generating spending 285
Section 9. Kalecki: Only capitalists can save capitalists 321
Section 10. Minsky: Liquidity and firms' employment-generating spending 331
Section 1. A merely abstract possibility of circuit closure in capitalism 343
Section 2. The drain of wealth out of the productive economy 351
Section 3. The deficient-producive-spending-syndrome 365
Section 4. Secondary dynamics and the deficient-producive-spendingsyndrome 371
Chapter IX. Redistributive and expansive prosthetics 375
Section 1. Redistributive prosthetics funded with domestic taxation and expropriations 377
Section 2. Redistributive prosthetics funded with war, external violent wealth procurement and protectionism 388
Section 3. Redistributive prosthetics funded with redistributive debt 399
Section 1. Expansive prosthetics funded with commodity money creation 409
Section 2. Expansive prosthetics funded with merchant credit money creation 411
Section 3. Expansive prosthetics funded with private bank credit money creation 417
Section 1. From commodity money regimes to state fiat money regimes 431
Section 2. State fiat money creation aside private bank credit money creation 436
Section 3. Expansive prosthetics funded with private bank credit money creation 439
Section 4. Expansive prosthetics funded with state fiat money creation 454
Chapter XIII. The dilemmas of the prosthetics of modern capitalism 481
Afterword: An outlook in questions and answers 489
Conventions 509
List of Figures 519
References 521