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Developed by Yasuma Takada in a series of lectures at Kyoto University, the power theory of economics is mostly based on a critique of both mainstream economics as well as heterodox economics theories of unemployment, most notably Keynesian economics and Marxian economics. The theory accommodates Thorstein Veblen, Vilfredo Pareto and Joseph Schumpeter. Takada sometimes referred to the theory as a second order approximation, as introducing a theory of power relations into the materialism of economics was seen as one step closer to a true picture of socio-economic relationships.

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  • Developed by Yasuma Takada in a series of lectures at Kyoto University, the power theory of economics is mostly based on a critique of both mainstream economics as well as heterodox economics theories of unemployment, most notably Keynesian economics and Marxian economics. The theory accommodates Thorstein Veblen, Vilfredo Pareto and Joseph Schumpeter. Takada sometimes referred to the theory as a second order approximation, as introducing a theory of power relations into the materialism of economics was seen as one step closer to a true picture of socio-economic relationships. (en)
  • La Power theory of economics, sviluppata da Yasuma Takada in una serie di lezioni all'Università di Kyoto alla fine degli anni ottanta, è basata principalmente su una critica all'economia mainstream e all'economia eterodossa alle teorie della disoccupazione, particolarmente dell'economia keynesiana e dell'. Tale teoria si propone di conciliare il pensiero di Thorstein Veblen, Vilfredo Pareto e Joseph Schumpeter. Takada si riferì alla teoria come un secondo ordine di approssimazione circa l'introduzione di una teoria sul materialismo economico visto come un passaggio verso una visione delle relazioni socio-economiche. (it)
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  • Developed by Yasuma Takada in a series of lectures at Kyoto University, the power theory of economics is mostly based on a critique of both mainstream economics as well as heterodox economics theories of unemployment, most notably Keynesian economics and Marxian economics. The theory accommodates Thorstein Veblen, Vilfredo Pareto and Joseph Schumpeter. Takada sometimes referred to the theory as a second order approximation, as introducing a theory of power relations into the materialism of economics was seen as one step closer to a true picture of socio-economic relationships. (en)
  • La Power theory of economics, sviluppata da Yasuma Takada in una serie di lezioni all'Università di Kyoto alla fine degli anni ottanta, è basata principalmente su una critica all'economia mainstream e all'economia eterodossa alle teorie della disoccupazione, particolarmente dell'economia keynesiana e dell'. Tale teoria si propone di conciliare il pensiero di Thorstein Veblen, Vilfredo Pareto e Joseph Schumpeter. (it)
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  • Power theory of economics (it)
  • Power theory of economics (en)
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