“The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future.” FirstsPastOrderPoliticsNatureCommunityDifferencesWorkMoneyAcceptingHistoryEconomyGenerationsHuman NaturePolicyEternalCapitalismEconomicsRegardFundamentalsStrategySocialismPassingPassingsTraditionalOrthodoxTransitionCapitalistPhasesSocialistEconomistSocialist Economy Book:Essay on Marxian Economics Source: Essay on Marxian Economics
“An economy may be in equilibrium from a short-period point of view and yet contain within itself incompatibilities that are soon going to knock it out of equilibrium.” MayViewsEconomyPeriodsPoint Of ViewEquilibriumIncompatibility Author:Joan Robinson
