Marx on Public Debt: Fiscal Expropriation and Capital Reproduction

Autor:	Guglielmo Forges Davanzati, Rosario Patalano
Přispěvatelé:	FORGES DAVANZATI, Guglielmo, Rosario, Patalano, Patalano, Rosario
Rok vydání:	2017
Předmět:	Economics and Econometrics capital reproduction debt sustainability fiscal expropriation Karl Marx public debt Sociology and Political Science Reproduction (economics) media_common.quotation_subject 05 social sciences Debt-to-GDP ratio Neoclassical economics External debt 050601 international relations 0506 political science Social reproduction Market economy Debt Capital (economics) 0502 economics and business Political Science and International Relations Economics Internal debt 050207 economics Debt levels and flows media_common
Zdroj:	International Journal of Political Economy. 46:50-64
ISSN:	1558-0970 0891-1916
DOI:	10.1080/08911916.2017.1310474
Popis:	Marx devoted little attention to the functions of the State (and, particularly, to the role of public debt) in the capitalist system, and in more recent times, little attention has been devoted to this issue on the part of Marxist scholars. Starting from a reconstruction of Marx’s view on this issue, this article aims to analyze the effects of the expansion of public debt on capital reproduction in Marx’s thought and to derive a criterion of public debt sustainability consistent with Marx’s view.
Databáze:	OpenAIRE
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