On the History of Economic Theory and the Emergence of CapitalismÜber die Geschichte der ökonomischen Theorie und die Entstehung des Kapitalismus

Nell Edward J.
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Nell Edward J.: New School For Social Research, Department of Economics, New York, NY, U.S.A.

Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, 2009, vol. 50, issue 1, 103-134

Abstract: This paper reconstructs and modernises a Marx-based theory of the transformation of feudalism into capitalism, using a combination of history of economic thought and economic history. It tries to revive and reinterpret the theory of value in a historical context and to show how it may be used, in parallel with a historical description of the transformation of institutions, in order to capture a qualitative change of the economic system.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:jbwige:v:50:y:2009:i:1:p:103-134:n:5

DOI: 10.1524/jbwg.2009.0005

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