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Summary and Conclusions: Money, Distribution Conflict and Capital Accumulation

In: Money, Distribution Conflict and Capital Accumulation

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  • Eckhard Hein

Abstract

The present book attempts to contribute to ‘monetary analysis’ and to the research programme of a ‘monetary theory of production’. In particular, we have tried to contribute to a synthesis of Post-Keynesian monetary theory and Post-Keynesian models of distribution and growth. The focus has been on the distribution and growth effects of monetary policies applying the interest rate tool in a modern credit money economy, which is characterized by the autonomy of investment from saving also in the long run, by latent under-utilization of productive capacities, and by conflict over distribution of the social product.

Suggested Citation

  • Eckhard Hein, 2008. "Summary and Conclusions: Money, Distribution Conflict and Capital Accumulation," Palgrave Macmillan Books, in: Money, Distribution Conflict and Capital Accumulation, chapter 18, pages 169-176, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59560-6_18
    DOI: 10.1057/9780230595606_18
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    Cited by:

    1. Özdemir Onur, 2019. "Financialization and the Labor Share of Income," Review of Economic Perspectives, Sciendo, vol. 19(4), pages 265-306, December.
    2. Hein, Eckhard, 2022. "Varieties of demand and growth regimes: Post-Keynesian foundations," IPE Working Papers 196/2022, Berlin School of Economics and Law, Institute for International Political Economy (IPE).

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