Salvatore Biasco sul capitalismo contemporaneo e l'economia politica (Salvatore Biasco on contemporary capitalism and political economy)

Lino Sau

Moneta e Credito, 2023, vol. 76, issue 303, 265-277

Abstract: In questo lavoro si cerca di mostrare la prospettiva critica di Biasco sul capitalismo contemporaneo, evidenziando la rilevanza e l'attualita' del suo pensiero sia per l'analisi teorica che per la politica economica. Biasco ha infatti saputo coniugare la teoria con la pratica della politica economica. Il suo metodo 'pragmatico', oltre ad essere del tutto originale e per molti versi innovativo, consente di riconsiderare il dibattito tra l'approccio mainstream e quello keynesiano, nella convinzione, propria di Biasco, che quest'ultimo possa essere ancora molto fecondo per interpretare le dinamiche e l'evoluzione del sistema economico contemporaneo. L'approccio keynesiano rielaborato da Biasco riesce a spiegare e interpretare fenomeni endogeni al capitalismo quali l'instabilita' finanziaria e le crisi, che il mainstream concepisce, al piu', come eventi esogeni e imprevedibili. This work tries to show Biasco's critical perspective on the evolution of capitalism, stressing the relevance of his thought both for theoretical analysis and for economic policy. Biasco was in fact been able to combine theory with the practice of economic policy. His 'pragmatic' method, besides being original and innovative in many ways, allows us to reconsider the debate between the mainstream and the Keynesian approach. Biasco believed that the latter can still be very fruitful for interpreting the dynamics and evolution of the contemporary economic system. Specifically, Biasco's Keynesian approach manages to explain and interpret phenomena that are endogenous to capitalism, such as financial instability and crises, that the mainstream conceives at most as exogenous and unpredictable events.

Keywords: capitalism; macro imbalances; financial instability; crisis; political economy (search for similar items in EconPapers)
JEL-codes: E02 E12 E44 (search for similar items in EconPapers)
Date: 2023
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