IDEAS home Printed from https://ideas.repec.org/a/nov/artigo/v27y2017i2p21-49.html
   My bibliography  Save this article

Teorias marxistas da inflação: uma revisão crítica [Marxist theories of inflation: a critical review]

Author

Listed:
  • Giliad de Souza Silva

    (UNIFESSPA)

  • Eduardo Augusto de Lima Maldonado Filho

    (UFRGS)

Abstract

The inflationary phenomenon becomes relevant in the economic literature after the 1960s, from the moment when inflation turn into a problem of greater magnitude and with a deep rooting in the advanced capitalist countries. Marxism has built his explanations of the inflation based principally on the following approaches: i) conflicts over the distribution of income are, in short, the most significant cause of inflation; ii) inflation is linked to the growing power of monopolies, being reinforced by the interventionist policies of the State; and iii) the phenomenon is explained by the discrepancy between endogenous generated increases in supply and demand for credit money. The aim of this paper is to revisit these Marxist approaches, as found in Saad-Filho (2000), but emphasizing the methodological critique. More specifically, our goal is to perform a methodological critique showing the continued validity of Marx's method to understand the inflation phenomenon of post World War II.

Suggested Citation

  • Giliad de Souza Silva & Eduardo Augusto de Lima Maldonado Filho, 2017. "Teorias marxistas da inflação: uma revisão crítica [Marxist theories of inflation: a critical review]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 27(2), pages 21-49, May-Augus.
    • Handle: RePEc:nov:artigo:v:27:y:2017:i:2:p:21-49
    as

    Download full text from publisher

    File URL: http://www.scielo.br/pdf/neco/v27n2/1980-5381-neco-27-02-00021.pdf
    Download Restriction: no
    File URL: http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-63512017000200021&lng=en&nrm=iso&tlng=pt
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    theory of distributive conflict; theory of monopoly capital; theory of extra money; method of Marx;
    All these keywords.

    JEL classification:

    • B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nov:artigo:v:27:y:2017:i:2:p:21-49. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lucas Resende de Carvalho (email available below). General contact details of provider: https://edirc.repec.org/data/fufmgbr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.