Papers on "Karl Marx and John Baynard Keynes." and similar term paper topics

Paper #031650 :: Karl Marx and John Baynard Keynes.
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Discusses the similarities in the theories of economists Karl Marx and John Baynard Keynes regarding the 'entrepeneur' economy.

Written in 2002; 2,650 words; 7 sources; $ 97.95

Paper Summary:

In contrast to the "co-operative" economy of classical theory, the "entrepreneur" economy described by Keynes' general theory can achieve not only market clearing as a possible outcome but also stagnation and instability. There is an aspect of common cause between Keynes and Marx. Specifically, the rhetorical task of persuading political economists to rethink capitalism's inherent stability requires a refutation of classical theory's thin concepts of money and the magnetized nature of capitalist production.

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