Ernesto Screpanti

Ernesto Screpanti (born 1948, in Rome) is a professor of Political Economy who worked in various universities, like Trento, Florence, Trieste, Parma, New York, Rio de Janeiro, Siena.

[2] In dynamic analysis Screpanti criticized the so-called “laws of movement of capitalist development” as formulated by Marx, because of their deterministic implications as philosophies of history and the analytic limitations of some of their assumptions.

He put forward a theory of development as an evolutionary process of a cyclical kind, coupling long and short run periodicity factors, both of which are determined by the dynamics of class conflict and income distribution.

There is no dominating imperial centre; there is instead a plurality of national, international, governmental, non-governmental, public and private agencies that contribute to accumulation governance on a world scale through a sort of competitive cooperation.

Freedom of choice is not distributed equally in capitalism: it is practically nil for the workers and at its greatest for capitalists in the production process; it is negligible in the poor social strata and very large for the privileged classes in the consumption sphere.