An economic philosophy of production, work and consumption : a transhistorical framework / Rodney Edvinsson.

Format:

Book

Author/Creator:

Edvinsson, Rodney, author.

Series:

Routledge studies in the history of economics

Language:

English

Subjects (All):

Production (Economic theory).

Consumption (Economics).

Labor.

Work.

Economics--Philosophy.

Economics.

Physical Description:

vii, 199 pages : illustrations ; 25 cm.

Place of Publication:

Abingdon, Oxon ; New York, NY : Routledge, Taylor & Francis Group, 2023.

Summary:

"An Economic Philosophy of Production, Work and Consumption presents a new transhistorical framework of defining production, work and consumption. It shows that they all share the common feature of intentional physical transformation of something external to the agent, at some point in time. The book opens with a discussion of various theoretical traditions within economics, spanning mainstream and heterodox perspectives, and problems with production definitions in use today. Next, the author outlines various definitions in a more formal manner and provides a discussion on measurement and the production boundary. Finally, the volume applies the new conceptual framework to various historical cases and discusses the future of production, work and consumption. This essential volume will be of interest to scholars of economic philosophy and methodology, the history of economic thought, economic history and national accounting. Rodney Edvinsson is Professor of Economic History at Stockholm University, Sweden"-- Provided by publisher.

Contents:

Machine generated contents note: 1. Introduction

The dilemma of "leprechaun economics"

Notions of production, work and consumption

In need of greater precision and formalisation

2. Production, work and consumption in the history of economic thought

Evolving perspectives on the production boundary and value

Pre-capitalist economic thought

Early modem economic thinking

Classical economics

Marxism

Neoclassical economics

Keynesian and post-Keynesian economics

Austrian and Schumpeterian economics

Feminism and the third person criterion

Institutionalism

Ecological economics

A comparison

3. National accounts

Introduction

The system of national accounts

The index problem

Historical national accounts

Welfare indicators

Satellite accounts including unpaid services

Satellite accounts including human capital formation

National accounts and ecology

National accounts and classical economics

Circularity, self-reference and infinite regress of national accounting

Criteria for the reconceptualisation

4. Formalising the definitions of production, work and consumption

Four conditions of production

Causation

Intentional causation

Purposefulness

Social causation

The transformation of objects

Exteriority

The application of formal logic and natural language

Consumption

Final consumption

Non-social production

Comprehensive production and social reproduction

Time-frame-independent production and self-reproduction

Humanity exterior production

Market comprehensive production

Work and leisure

Comparison of definitions

5. Possible applications of the framework

Quantifying production, work and consumption

Value theory

Social causation versus the productivity of capital

What is capital?

Social stages in the development of intelligent life

Conclusions

6. The contribution of this book

The purpose of this book

Production, work and consumption

Can formalisation of definitions be driven too far?.

Notes:

Includes bibliographical references and index.

Other Format:

Online version: Edvinsson, Rodney. Economic philosophy of production, work and consumption

ISBN:

9780367522254

036752225X

9780367522247

0367522241

OCLC:

1305294998