Abstract
Various anti-classical theories had already sprung up from critiques of the limitations and weaknesses of the classical school, even in Ricardo’s lifetime. In particular the ideological belief in a prescribed harmony in a capitalist economy and the resultant theoretical inconsistencies in the value theory of the classical school were a source of critiques and deviations.
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P. Sraffa, Production of Commodities by Means of Commodities (Cambridge: Cambridge University Press, 1960) ch. xn.
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© 1988 Makoto Itoh
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Itoh, M. (1988). The Dissolution of the Classical School and the Diversification of Schools. In: The Basic Theory of Capitalism. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19107-9_2
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