The Organization of Industry (Classic Reprint)

Language: English

Published by Forgotten Books, 2024

1330453298 / 9781330453292

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book by an acclaimed economist examines the evolving nature of value in the market from the angle of scarcity versus necessity. It sets the reader on an intellectual journey through the historical development of the concept of value from classical economists like Adam Smith to the present day, contrasting these ideas with the novel market theories emerging from the European continent. A key theme is the author's assertion that the value of a commodity is established by the consumer, not the producer, through the extent of its consumption. This has major ramifications, suggesting that producers should focus as much on improving the lives of their consumers as on the production process itself. The author also argues that the concept of capital should be expanded to include relationships between people, and that the conventional definition of "land" as a fixed resource is outdated, as today's land has value only insofar as it relates to the ideas and tools that humans bring to it — in essence, our relationship with it. This book provides a timely addition to the field of economics by challenging both classical and neoclassical theories of value, offering a fresh perspective on how to think about some of economics' fundamental concepts. Its insights are invaluable to students, economists, and anyone who wants to understand the evolving nature of value. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…

Seller Inventory # 9781330453292_0

Title
The Organization of Industry (Classic Reprint)
Author
T. C. Banfield
Publisher
Forgotten Books
Publication year
2024
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1330453298
ISBN 13
9781330453292
Seller catalogs
Economics

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Store description

Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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