Major Representatives of Classical Political Economy
| W. Petty | F.Qesnay | A.Smith | D.Ricardo |
The Development and The End of
Classical Political Economy.
Since its existence, the essence of capitalism has not changed. Still the main purpose of capitalist production is the production of the profits, still there are market, the price of goods, economic crises, unemployment, commodity and money capital, interest and etc. And this essence of capitalism was disclosed and explained sufficiently by classical school of political economy,which numbered such eminent economists as W. Petty, F. Quesnay, A. Smith, D. Ricardo, K. Marx,.. (published by Economic Gazeta #1(170), January,1998,Moscow )
Social Capital
Common sense of economic development leads us with necessity to the idea of the existence of social capital. (Detail analysis of the Social Capital is given in my books "Capitalism Today and Capitalism Tomorrow" , "Social Capital and Socialism" and article "The development and the end of Classical Political Economy)
1. What is the social capital from an economic standpoint? Under social capital the existence of market connections between monopoly capitals is replaced by straight technological connections between productive capitals of the whole society. Each plant knows in advance from what manufacturers, in what quantities, and at what time it will get raw material or half-finished product, and to what manufacturers, in what quantities, and at what time it must furnish its final product. This principle lies at the base of the functioning of the social capital. In other words, social capital is socialized production in a capitalist form. Since the goal of any social organism ultimately is to meet the needs of the population, the end product of productive activities of "social capital" is the production of articles of consumption in the form of social surplus value... (published by ECONOMIC MAGAZINE November,1997,Moscow )
"Unmanned factories the key to capitalist Utopia...Mr. Stavinsky calls for goverments to adopt measures to promote the introduction of robots into production. Without such support,the benefits of automation will take longer to realize. However, in Australia, the US and other countries,politicians are largely unaware of automation. Mr. Stavinsky's projections may come true eventually." The Australian - nationwide newspaper (2/20/96) ...
"For the first time in economic literature
Stavinsky gives a full economic analysis of
directly social capital" URPE magazine, USA, New York v.XIV num 1, 1983 ...
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