Download or read book Cycles, Value & Employment written by Orio Giarini and published by Elsevier. This book was released on 2013-10-22 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: An unconventional evaluation of the causes which, in the last ten years, have dramatically pushed down the rates of economic growth. The distinguished author, a member of the Club of Rome, argues that it is not simply a question of a new long term economic cycle of the types described by Schumpeter and Kondratieff, but is rather the effect of a fundamental change in the traditional, industrial modes of production. A clear evaluation of such change leads to the necessity of reformulating the notion of economic value, in order to find new strategies for developing a nation's wealth.