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Get Themes in Value and Distribution: Classical Theory PDF

By Krishna Bharadwaj

ISBN-10: 0043381480

ISBN-13: 9780043381489

The essays during this quantity, first released in 1989, search to reconsider a tremendous region of financial concept: price and distribution. In a sustained and analytical critique, precept methodological methods are in comparison and unique: the Classical or ‘surplus-based’ theories and the demand-and-supply-based equilibrium (DSE) theories. even if the essays are essentially curious about worth and distribution, the critique inevitably extends to the speculation of output and employment, and ordinarily, to the idea of exchange and accumulation. The booklet may be a useful reader for college students of financial notion, capital idea and Marxian political economic climate.

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Krishna Bharadwaj's Themes in Value and Distribution: Classical Theory PDF

The essays during this quantity, first released in 1989, search to re-evaluate a tremendous quarter of financial idea: price and distribution. In a sustained and analytical critique, precept methodological techniques are in comparison and exceptional: the Classical or ‘surplus-based’ theories and the demand-and-supply-based equilibrium (DSE) theories.

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Increasing tensions emerge among the different parts of the socio-economic system. As a result, the performance of organizations begins to decline and the whole system experiences poor economic performance (decreasing returns). The signs of declining performance may go unnoticed for a while, as people are used to good performance and do not expect negative feedback. Moreover, changing one’s cognitive frame, values and norms is not easy. Being the basis of one’s personal security, changing them creates psychological distress and uncertainty.

Moreover, changing one’s cognitive frame, values and norms is not easy. Being the basis of one’s personal security, changing them creates psychological distress and uncertainty. As a result, the first signs of performance problems are often swept under the rug with ad hoc explanations. The declining performance of established practices creates widespread uncertainty and collective cognitive dissonance among individuals who, locked into their established mental paradigm, tend to have problems identifying and understanding the true source of the problems.

Alasoini’s chapter examines the introduction and dissemination of the flexible production model in Finland representing the new organization logic, from a company perspective as well as from the perspective of the national innovation system. The author demonstrates that with respect to production management, work organization and employment relations, Finnish companies have progressed significantly towards a new flexible production model. But he also points to some factors which pose a threat to continuing success: uneven growth in high-tech and traditional sectors, the small number of dynamic mediumsized companies that can take up the role of a system supplier and still unstable cooperation patterns.

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Themes in Value and Distribution: Classical Theory Reappraised by Krishna Bharadwaj


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