Category:
Research Papers
Date Published:
September 26, 2016
Abstract:
After giving a critical reappraisal of the conventional Marxist view about the eras and periods of capitalist development, we show on the basis of the historical development profile of the depreciation rate and the depreciation velocity in the USA, that capitalism can be economically divided in Marx's and Mandel's terms into three eras: 1. Manufactory Capitalism (1700-1770), 2. Large Industry (1770-1950), 3. Control of Production Means by Electronic Devices (1950-?). Furthermore, we show on the basis of historical development profile of the net investment rate in the USA, that capitalism can be economically divided, depending on specification of the characteristic variables (the saving rate of the private sector, the general government balance and net lending from abroad), into seven periods: 1. Primitive Accumulation (1700-1740), 2. Self-Accumulation (1750-1800), 3. Increased Accumulation (1810-1880), 4. Forced Accumulation (1890-1920), 5. Reduced Accumulation (1930), 6. Accumulation due to the War (1940), 7. Consolidated Accumulation (1950-?)---- Nach einer kritischen Aufarbeitung der gängigen marxistischen Darstellung über die Epochen und Perioden der kapitalistischen Entwicklung zeigen wir anhand des historischen Entwicklungsprofils der Abschreibungsquote und der Abschreibungsgeschwindigkeit in den USA, dass der Kapitalismus in Marxʼ und Mandels Begriffen ökonomisch gesehen in drei Epochen eingeteilt werden kann: ...
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