Titlebook: Development, Capitalism, and Rent; The Political Econom Hannes Warnecke-Berger Book 2021 The Editor(s) (if applicable) and The Author(s), u

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Dieter Sandner Dipl.-Psych. M. A.by marginality of large masses of the population. Essential mechanisms of capitalist economies as described in mainstream economics do not work in these economies: At low levels of development, a substantial part of the available labor force adds less to production than necessary for physical surviv

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Dieter Sandner Dipl.-Psych. M. A. held account for underdevelopment without taking into account that rents can be used for development. This chapter analyzes possibilities, challenges and limitations of channeling rent into development in order to achieve self-sustaining and capitalist growth in formerly non-capitalist societies. I

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Dieter Sandner Dipl.-Psych. M. A.ent on the other hand. It maintains that both schools share similar assumptions on economic growth and the genesis of capitalism. The chapter shows that capitalist forms of transition to self-sustained growth do not require additional sources of finance as capitalism does not require previous accumu

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Hannes Warnecke-BergerShows that capitalist growth depends on rising mass incomes and on the strength of labor unions and their bargaining power.Offers a unique approach to understand the dynamics of capitalism as well as

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978-3-030-62607-5The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl