景気分析の基礎 : 競争過程の一考察

概要

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1. The conspicuous feature of modern capitalism lies in that a number of enterprises are competing witn one another for profit, and in addition to it the competition is associated endogenously with innovational investment and capital accumulation. 2. In this competitve field the movement of the aggregate investment cannot generally be in hermony with the equilibrium condition of economic growth and all the phenomena of business cycles develop from this lack of harmony. 3. Therefore the cause of business cycles has to be said to exist in the feature of capitalist process of the competition among many active enterprises. 4. In the light of the above arguments, Schumpeter's saying that "Analyzing business cycles means neither more nor less than analyzing the economic process of capitalist era" (Schumpeter's Business Cycles, Vol. 1, 1939, Preface p. v) is found to be full of the penetrating insight into our capitalist economy.
桃山学院大学の論文