Capitalism, Socialism and Steady Growth

Domenico Mario Nuti ()
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Domenico Mario Nuti: University of Rome

Chapter 2 in Collected Works of Domenico Mario Nuti, Volume II, 2023, pp 21-56 from Palgrave Macmillan

Abstract: Abstract The purpose of this paper is that of considering the choice of production techniques from the point of view of both the capitalist entrepreneur maximising the present value of his firm’s assets at a given interest rate and the socialist planner maximising the consumption per head associated with the maintenance of a given growth rate.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-3-031-23167-4_2

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DOI: 10.1007/978-3-031-23167-4_2

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