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The Capitalist Economy and Its Prosthetics

Necessity and Evolution of a Brotherhood

Gerhard H. Wachter

$74.95

Paperback

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English
Transcript Verlag
10 September 2024
Within capitalism, a sterile economy emerges, which takes away investment from the productive economy, resulting in deficient employment generating spending and underemployment. States react with prosthetics, i.e., artificial transfers to the productive economy. These in turn are financed by external violence, protectionism, taxation, public and private indebtedness and - increasingly - by money creation. What happens when these methods will be exhausted? Gerhard H. Wächter examines major theoretical and historical lines of the subject using Quesnay, Sismondi, Malthus, Marx, Keynes and others.
By:  
Imprint:   Transcript Verlag
Country of Publication:   Germany
Dimensions:   Height: 23mm,  Width: 15mm, 
ISBN:   9783837672787
ISBN 10:   3837672786
Series:   Edition transcript
Pages:   532
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active

Gerhard H. Wächter, born in 1955, is a business lawyer in Berlin, specializing in M&A and M&A-Litigation, and a law professor at Leipzig University. He did his doctorate on the theory and history of criminal law with Klaus Lüderssen at Frankfurt's Goethe University, and studied with Niklas Luhmann at Bielefeld University and Stanley Diamond at the New School for Social Research in New York, before he worked with an international law firm, the German Treuhandanstalt and ultimately founded his own law firm in 1992.

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