Surplus economics: Difference between revisions
Content deleted Content added
still no source? |
duplicates existing articles |
||
| Line 1: | Line 1: | ||
#redirect[[Surplus]] |
|||
'''Surplus economics''' is the study of [[economics]] based upon the concept that economies operate on the basis of the production of a surplus over basic needs. |
|||
==Economic Surplus== |
|||
By economic [[surplus]] is meant all production which is not essential for the continuance of existence. That is to say, all production about which there is a choice as to whether or not it is produced. The economic surplus begins when an economy is first able to produce more than it needs to survive, a surplus to its essentials. |
|||
Alternative definitions are: |
|||
# The difference between the value of a society's annual product and its socially necessary cost of production. (Davis, p.1) |
|||
# The range of [[economic freedom]] at its [society's] disposal, extent able to engage in socially discretionary spending that satisfies more than the basic needs of its producers. (Dawson & Foster in Davis, p.45) |
|||
# Income minus essential consumption requirements. (Lippit in Davis p.81) |
|||
# The difference between what a society can produce and what a society must produce to reproduce itself. (Standfield in Davis, p.131) |
|||
==See also== |
|||
* [[Economic surplus]] |
|||
* [[Scarcity rent]] |
|||
* [[Georgism]] |
|||
==References== |
|||
* ''Monopoly capital: an essay on the American economic and social order'', Paul A. Baran and Paul M. Sweezy |
|||
* ''The Economic surplus in advanced economies'', John B. Davis (Ed) |
|||
* ''The economic surplus and neo-Marxism'', Ron J. Stanfield |
|||
==Further reading== |
|||
* [[Henry George]], ''[[Progress and Poverty]]'' [http://www.econlib.org/library/YPDBooks/George/grgPP.html] |
|||
* What is Surplus Economics? [http://surplus-economics.host-ed.me/wp/] |
|||
[[Category:Heterodox economics]] |
|||
Revision as of 06:55, 1 March 2014
Redirect to: