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John Bates Clark (1847–1938)

Teoksen The Distribution of Wealth: A Theory of Wages, Interest and Profits tekijä

6 teosta 45 jäsentä 1 Review

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This is a transcript of Clark’s presentation or lecture sponsored by the Weinstock foundation at the University of California. It presents an interesting glimpse into the changes going on in the mind of Clark. Clark was a long-tenured professor of economics at Columbia, who had been educated in Germany. In most of his earlier works on production and distribution of wealth, his views seemed locked into a sort of ‘Christian Socialism’ tailored by his marginal-utility value theory.

Clark, as a self-admitted socialist, is still a proponent of more controls and a greater role for government, resource protection, and a greater share for labor. But he has learned of the need to integrate capitalism and free-markets into his world view. He notes that we must, above all, continue to improve productivity and inventiveness. Without this growth of the economy, he says, continued improvement for society is not possible, and the free markets grow the economy while socialism does not. His hope for the future (after 1914) is to integrate these two views.

If you are struggling with some more modern views of ‘distributive justice’ the speech is well worth reading, even if dated.
… (lisätietoja)
 
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ServusLibri | Oct 28, 2009 |

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Teokset
6
Jäseniä
45
Suosituimmuussija
#340,917
Arvio (tähdet)
½ 2.7
Kirja-arvosteluja
1
ISBN:t
15