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Toward Reasonable Capitalism: The Role of John R. Commons's Price and Business Cycle Theories

机译:走向合理的资本主义:约翰·罗克斯的价格和商业循环理论的作用

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摘要

John R. Commons thought that prices should be stable and that the law of supply and demand should be controlled by the power of the state through patent law and by protecting bargaining equality. Commons also thought that prices should be stabilized by macro monetary policy. These means would allow the realization of a "reasonable price." Commons called the objective and measurable value in money, which is determined by a court ruling, "reasonable value." Analysis of Commons's price and business cycle theories point toward the realization of both "reasonable price" and "reasonable value" and toward "reasonable capitalism" that can replace banker capitalism.
机译:John R. Commons认为价格应该是稳定的,供需法律应通过专利法和保护讨价还价平等来控制国家权力。 Commons还认为价格应该被宏货币政策稳定。这些手段允许实现“合理的价格”。公共称为客观和可衡量的价值,由法院裁决确定,“合理的价值”决定。分析公共价格和商业周期理论指出,实现“合理的价格”和“合理的价值”,并走向“合理的资本主义”,可以取代银行家资本主义。

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