Steindl on imperfect competition: The role of technical change

Josef Steindl offers an innovative dynamic analysis of competition in Maturity and Stagnation in American Capitalism, with a key role for technical change. However, in his later writings he suggests that he had not gone far enough and that his account was not 'sufficiently dynamic', notin...

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Bibliographic Details
Main Author: Bloch, Harry
Format: Journal Article
Published: Blackwell Publishing Ltd 2006
Online Access:http://hdl.handle.net/20.500.11937/20754
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author Bloch, Harry
author_facet Bloch, Harry
author_sort Bloch, Harry
building Curtin Institutional Repository
collection Online Access
description Josef Steindl offers an innovative dynamic analysis of competition in Maturity and Stagnation in American Capitalism, with a key role for technical change. However, in his later writings he suggests that he had not gone far enough and that his account was not 'sufficiently dynamic', noting particularly his neglect of fundamental issues in technological development. Here, we critically examine the nature of technical change in Steindl's analysis, pointing to ambiguities and contradictions that arise. Standard characterizations of the nature of technical change are then introduced and used to further integrate technical change into Steindl's analysis of competition.
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spelling curtin-20.500.11937-207542017-09-13T16:03:34Z Steindl on imperfect competition: The role of technical change Bloch, Harry Josef Steindl offers an innovative dynamic analysis of competition in Maturity and Stagnation in American Capitalism, with a key role for technical change. However, in his later writings he suggests that he had not gone far enough and that his account was not 'sufficiently dynamic', noting particularly his neglect of fundamental issues in technological development. Here, we critically examine the nature of technical change in Steindl's analysis, pointing to ambiguities and contradictions that arise. Standard characterizations of the nature of technical change are then introduced and used to further integrate technical change into Steindl's analysis of competition. 2006 Journal Article http://hdl.handle.net/20.500.11937/20754 10.1111/j.1467-999X.2006.00244.x Blackwell Publishing Ltd restricted
spellingShingle Bloch, Harry
Steindl on imperfect competition: The role of technical change
title Steindl on imperfect competition: The role of technical change
title_full Steindl on imperfect competition: The role of technical change
title_fullStr Steindl on imperfect competition: The role of technical change
title_full_unstemmed Steindl on imperfect competition: The role of technical change
title_short Steindl on imperfect competition: The role of technical change
title_sort steindl on imperfect competition: the role of technical change
url http://hdl.handle.net/20.500.11937/20754