Question

In: Economics

This format should allow you more time to think about your answer. The length of your...

This format should allow you more time to think about your answer. The length of your answers should range from 2-4 paragraphs, depending on the complexity of the question. Remember to use the readings and your class notes to answer the questions. Use citations/quotes and then go on to interpret and explain the quote in your own words.

Horwitz and Nelson both discuss the feminist methodology as one that starts with a critique of Cartesian dualism.Explain what Cartesian dualism is and how it informs feminist economics.Go on to analyze the way Horwitz describes this aspect of feminist economics as a critique of neoclassical theory and a potential bridge to Austrian economics

Solutions

Expert Solution

Answer :-

The mainstream economics is mostly concerned with the decision making problem within the current economic and social set up while Marxian economics looks to understand the changes in social and economic organizations . Marx argued that the capitalist production is characterized by the separation between means of production and the proletariat . The surplus produced in excess of the subsistence is always produced by laboring people. In a slave society surplus was produced by the slaves, in a feudal society by serfs and in a capitalist society by factory workers or proletariat. The idea that the rate of profit would fall over time is an important element of the classical writing. Marx's contribution was to explicitly linking it with the demise of capitalism . Marx maintained that the drive for profit would induce the capitalists to accumulate more capital which would bid up the wage and reduce profit . Capitalists would responds to it by employing more machinery that would displace labor . With capitalists replacing workers with machines   will go up reducing the rate of profit given that all other parameters are constant .

Things are not so straight forward if technological change takes place which changes the rate of exploitation . If technological change leads to higher rate of exploitation – the effect on the rate of profit is ambiguous . However, Marx maintained the position that rate of profit will decline in the long run and that will bring down the capitalism. Some of the twentieth century Marxist economists such as Paul Sweezy and Joan Robinson contested the idea of falling rate of profit . So technology is the countervailling force .

Reducing the skill level of workers r making them specialized in one aspect can also offset falling rate of profit . That would also lead to lower wage rates .


Related Solutions

This format should allow you more time to think about your answer. The length of your...
This format should allow you more time to think about your answer. The length of your answers should range from 2-4 paragraphs, depending on the complexity of the question. Remember to use the readings and your class notes to answer the questions. Use citations/quotes and then go on to interpret and explain the quote in your own words. The falling rate of profit is a fundamental theory in Marxist economics. Describe what the rate of profit is and how the...
This format should allow you more time to think about your answer. The length of your...
This format should allow you more time to think about your answer. The length of your answers should range from 2-4 paragraphs, depending on the complexity of the question. Each question is worth 10 points. Remember to use the readings and your class notes to answer the questions. Use citations/quotes and then go on to interpret and explain the quote in your own words. Modern Marxian economics has sought to adapt Marx’s theory to contemporary capitalism. Three empirical studies demonstrate...
This format should allow you more time to think about your answer. The length of your...
This format should allow you more time to think about your answer. The length of your answers should range from 2-4 paragraphs, depending on the complexity of the question. Each question is worth 10 points. Remember to use the readings and your class notes to answer the questions. Use citations/quotes and then go on to interpret and explain the quote in your own words. Use the circuits of industrial capital to describe the location of capitalist profit. Be sure to...
This format should allow you more time to think about your answer. The length of your...
This format should allow you more time to think about your answer. The length of your answers should range from 2-4 paragraphs, depending on the complexity of the question. Remember to use the readings and your class notes to answer the questions. Use citations/quotes and then go on to interpret and explain the quote in your own words. Feminist economists offer a different view of the economy by focusing attention on caring labor and the care economy. Why do they...
This format should allow you more time to think about your answer. The length of your...
This format should allow you more time to think about your answer. The length of your answers should range from 2-4 paragraphs, depending on the complexity of the question. Remember to use the readings and your class notes to answer the questions. Use citations/quotes and then go on to interpret and explain the quote in your own words. Contemporary feminist economics arose, in part, from a recognition that current economic statistics are misleading.Marilyn Waring, Who’s Counting, in particular pointed out...
This format should allow you more time to think about your answer. You can also use...
This format should allow you more time to think about your answer. You can also use the readings to support your answer. Be sure to cite the author and page number for all quotes or ideas taken from one of the authors (e.g. Chang, p. 81). The length of your answers should range from 1-3 paragraphs, depending on the complexity of the question. Interest in Heterodox economics is increasing. What events have taken place to bring more attention to heterodox...
Answer this, What do you think about the Affordable Care Act? Should it be amended in...
Answer this, What do you think about the Affordable Care Act? Should it be amended in any way?  In your opinion will it be a good or bad thing in terms of controlling health care costs?  Will it have an impact on your personal health care costs? Note/ type your answer
do you think women should be allow to serve in combat? why and why not?
do you think women should be allow to serve in combat? why and why not?
Think about the last time you (or someone in your family) was unemployed. What type of...
Think about the last time you (or someone in your family) was unemployed. What type of unemployment was it? Skills Explain how the unemployment rates are defined, computed, and analyzed. Describe the various patterns of unemployment. Analyze the causes of change in unemployment over the short run
Your Discussion should be a minimum of 250 words in length and not more than 450...
Your Discussion should be a minimum of 250 words in length and not more than 450 words. Please include a word count. Following the APA standard, use references and in-text citations for the textbook and any other sources. For this week's discussion assignment, refer to the Heisinger & Hoyle (2012) resource, The Effect of Income Taxes on Capital Budgeting Decisions. Describe and explain capital budgeting items that may or may not be taxed as part of a capital budget project.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT