Marxist social scientists have argued that the relationship between social and technical change is one of mutual interaction; innovation in the modes of production affects social organization, and social organization, in turn, has an impact on the development of novel modes of production. This consideration is of fundamental importance for the construction of any economic development policy. However, analyses of this critical relationship have been elaborated within a conceptual framework which most social scientists and policy makers who work within the (...) framework of neoclassical economic thought find difficult to understand. When marxists argue that technical innovations are the product of a class conflict, non-marxist social scientists are left wondering about what the exact meaning of such a statement. Because marxists have been unable to communicate their message, their important insights into the relation between social and technical change have not been incorporated in contemporary development policy; this situation has often resulted in great social costs. In the past fifteen years, however, Yujiro Hayami and Vernon Ruttan have attempted to analyze the critical interaction of social and technical change using neo-classical economic concepts. I argue that their approach can be utilized to express marxist insights in a language accessible to non-marxist social scientists. The careful and critical adoption of this approach could provide the grounds for a more fruitful dialogue about the interaction of social and technical change, and aid the construction of a new development policy. (shrink)

Between 1940 and 1980, Ernest Mandel studied many aspects of capitalism. With his magna opera, Traité d'économie marxiste and Der Spätkapitalismus he had a great impact on the social movements which emerged in the 1960s and 1970s of the last century. This article attempts to unravel the story of the development of Mandel's economic historical work. It follows the search for the synthesis of late capitalism, positions Mandel in the Marxist tradition and looks for what was innovative in his contributions. (...) The Traité d'economie marxiste was a provocative experiment. The author shows how Mandel replaced history into the core of Marx's economic theory and how he supersedes Eurocentrism by independently asking for attention for Asia, Africa, the Islamic World and pre-Columbian America. Mandel worked on Der Spätkapitalismus for more than ten years. The article shows how Mandel rehabilitated the forgotten 'long-wave theory', which enabled him to offer an explanation for the exceptional postwar expansion, but also made him predict the end of the 'golden days of capitalism'. The study was completed in 1972 in a turbulent West Berlin, where as visiting professor at the leading Otto-Suhr-Institut für Politikwissenschaft he defended his vision in lively debate with students and confrères and where the last theoretical differences were ironed out. (shrink)