A Veblenian Feminist Articulation of Monetary Theory of Production

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Abstract

The article presents a further articulation of the monetary theory of production inspired by the writings of Thorstein Veblen. Particularly I offer a formulation of the monetary theory of production as part of broader theorizing about social provisioning and the life process. This includes an analytical focus on non-commodities; an extension of the Veblenian dichotomy to non-market activities; discussion of Veblen’s theory of social valuation in connection to monetary theory of production and class; delineation of as social processes that constitute social provisioning and their commodity and non-commodity aspects. The goal is bridging the gap between monetary theory of production and analysis of “the social.”
Original languageAmerican English
JournalSSRN
StatePublished - Jan 14 2015

Keywords

  • Thorstein Veblen
  • capitalism
  • class
  • feminist economics
  • heterodox economics
  • monetary theory of production
  • political economy
  • social provisioning
  • social surplus

Disciplines

  • Feminist, Gender, and Sexuality Studies
  • Business
  • Economics
  • Political Economy
  • Inequality and Stratification
  • Sociology of Culture

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