Description
The Accumulation of Capital
Author: Joan Robinson
Hardback with dust cover. fair condition
The Accumulation of Capital by Joan Robinson, first published in 1956, is a landmark work in post-Keynesian economics that offers a critical and original analysis of capital accumulation and economic growth. In the book, Robinson challenges classical and neoclassical theories, particularly the assumptions underlying equilibrium and marginal productivity, and instead builds on the insights of Karl Marx and John Maynard Keynes. She explores how investment, profits, and income distribution drive the dynamics of capitalist economies, emphasizing the historical and institutional context of development. With its blend of theoretical rigor and political insight, the book remains a foundational text for heterodox economists and a significant contribution to the understanding of long-term economic processes.
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