Merchantilism: Capital Accumulation and Economic Development in the (National) Monetary Production Economy (Mercantilismo: Acumulación de Capital y Desarrollo Económico en la Economía (Nacional) Monetaria de Producción) (Spanish)
2010; RELX Group (Netherlands); Linguagem: Inglês
10.2139/ssrn.1554457
ISSN1556-5068
Autores Tópico(s)Political Economy and Marxism
ResumoThe main argument of the essay is that a succesfull process of national capitalist development in a world market characterized by the existence of multiple national monies and divided in the hegemonic developed countries of the First World and the underdeveloped dependent countries of the Third World (and the Second World) requires a merchantilist strategy of economic development in conformity with the monetary logic of capitalism. The argument is foundated in the context of the heterodox monetary-Keynesian conception of capitalism as a monetary production economy.
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