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Contribution to Book
A further Veblenian Articulation of a Monetary Theory of Production
Marx, Veblen, and the Foundations of Heterodox Economics Essays in Honor of John F. Henry (2015)
  • Zdravka Todorova
Abstract
The chapter offers further articulation of the monetary theory of production inspired by the writings of Veblen. This includes a formulation of the monetary theory of production as part of social provisioning and the life process, focusing on the production of non-commodities; an extension of the Veblenian dichotomy to non-market activities; a discussion of Veblen’s theory of social valuation in connection to the monetary theory of production and class; and delineation of social processes that constitute social provisioning, and their commodity and non-commodity aspects. All of these are directed toward bridging the gap between monetary production and “the social”—this is also an effort very much present throughout Henry’s work.
Keywords
  • feminist political economy,
  • Veblen,
  • monetary theory of production,
  • social stratification,
  • heterodox economics,
  • John Henry
Publication Date
2015
Editor
Tae-Hee Jo, Frederic Lee
Publisher
Routledge
Citation Information
Zdravka Todorova. "A further Veblenian Articulation of a Monetary Theory of Production" Marx, Veblen, and the Foundations of Heterodox Economics Essays in Honor of John F. Henry (2015) p. 102 - 122
Available at: http://works.bepress.com/zdravka_todorova/41/