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Companies have little room for manoeuvre: the perspective of macroeconomic theories

Under what conditions could a post-growth economy, in other words an economy without growth, function in a stable manner? This article examines this question from the perspective of neoclassical, Keynesian and competitive theories. The conditions relate to the supply and productivity of production factors, aggregate demand, a change in the relative prices of labor, capital and natural resources, economies of scale, and the organization of economies beyond the market.

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