Year: 2003
Type: article
Abstract: The State against Public Service ? the Hidden Side of Endogenous Growth Models of endogenous growth are generally considered to be endowed with the following properties : 1. A macro-dynamisation of the general Walrasian equilibrium ; 2. A rupture with the Solow paradigm ; 3. A capacity to identify the forces which are currently driving technical progress and growth, by way of an increase in externalities and yields ; 4. A rehabilitation of state-intervention, particularly in the social field ; 5. A capacity to effect a rapprochement between the neo-classical and heterodox paradigms. The article, arguing that such positions, which have given rise to a consensus, are seriously flawed, casts light on the latter’s « hidden side », in particular the ambiguities lurking at the heart of its redefinition of the role of the State.
Source: Actuel Marx
DOI: 10.3917/amx.034.0147
Author: Rémy Herrera
Institution: Presses Universitaires de France
Language: French
Topic: Economic Theory and Policy
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W1518503463