Abstract
The analysis in the subsequent part of this book builds on certain basic properties of the distributions of wages, prices and profits discussed here. A central point is that the framework establishes a link between two spheres of capitalist market economies: the visible sphere of exchange and market prices and the opaque but fundamental sphere of production and labor content. This probabilistic connection will play a central role in the pages that follow. We will end the chapter by pointing out some important methodological differences between our framework and that of standard economic theory.
Original language | English |
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Title of host publication | New Economic Windows |
Publisher | Springer-Verlag Italia s.r.l. |
Pages | 21-40 |
Number of pages | 20 |
DOIs | |
State | Published - 2022 |
Publication series
Name | New Economic Windows |
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ISSN (Print) | 2039-411X |
ISSN (Electronic) | 2039-4128 |
Bibliographical note
Publisher Copyright:© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.