The article aims to shed light on the role played by the �rate of turnover� of capital in Marx�s economic theory. Oddly enough, such a concept has been neglected by most of Marx�s scholars and exegetes, as is demonstrated by the small number of scientific works dealing with it. Yet the rate of turnover is a key category in Marxian analysis, because it enables Marx to add…

We explore four decades of cyclical and long-run dynamics in income distribution and economic activity for a panel of 13 OECD countries, as measured by the wage share and output gap. When modeled as predator�prey dynamics, economic activity in OECD countries is weakly profit-led. Convergence to a long-run equilibrium is relatively slow delaying the profit-squeeze stage for many years. …

Stratification economics represents an important new approach devoted to explaining economic inequality in terms of how social groups are separated or stratified according to relative group status. This paper combines stratification economics with identity economics to address complications that the phenomenon of intersectionality� people having multiple social group identities�cr…

Tahun Terbit

2013

Tahun Terbit

2013

Tahun Terbit

2013

Hoover Seeds is a fictional case study written to illustrate the challenges faced by food and agribusiness firms that are transitioning from small, entrepreneurial businesses to larger, more professionally managed enterprises. Though fictional, the competitive and financial situation of Hoover Seeds is based on realistic facts. The case introduces Dan Hoover, the Chief Executive Officer of Hoov…

Tahun Terbit

2013

Tahun Terbit

2013

Tahun Terbit

2013