A Economia Monetária e a Fórmula Geral do Capital: preliminar da fissão Marx-Keynes [The Monetary Economy and the General Formula of Capital: preliminary of the Marx-Keynes fission]

Everton Sotto Tibiriçá Rosa and Tiago Camarinha Lopes
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Everton Sotto Tibiriçá Rosa: UFG

Nova Economia, 2015, vol. 25, issue 3, 501-516

Abstract: This paper presents the theory of investment decision under conditions of uncertainty developed by the post-Keynesian school and develops a specific interpretation for the theory of liquidity preference. It is argued that the movement to more liquid assets corresponds to the tendency of capital to achieve valorization without undergoing the process of production. As a result, the concept of uncertainty as the explanation for liquidity preference and for the interest rate can be related to the general formula of capital as presented by Marx.

Keywords: investment decision; uncertainty; postKeynesianism; Keynes; Marx (search for similar items in EconPapers)
JEL-codes: B22 E12 (search for similar items in EconPapers)
Date: 2015
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