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Author: Cosimo Perrotta
Publisher: Routledge
ISBN: 1317218310
Category : Business & Economics
Languages : en
Pages : 480
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Book Description
Contemporary mainstream economists see social wealth as the sum of individual incomes, but for three centuries many economists saw wealth as consisting of the public and private resources of a nation. This led them to explore the idea of unproductive labour, which provides a nation with an individual income, but does not contribute to an increase in social wealth or help to foster development. This book analyses the evolution of ideas surrounding unproductive labour, offering an unprecedented history that guides readers from the work of Petty through to the present economic crisis. This volume explores the work of several key scholars, including Smith, Petty, Marx, Ricardo, Mill, Say and Schumpeter. This book is suitable for scholars and researchers with an interest in the history of economic thought, labour economics and economic philosophy. Winner of the 2019 Ernest Lluch Prize from the Spanish Association of Economic History
Author: Cosimo Perrotta
Publisher: Routledge
ISBN: 1317218310
Category : Business & Economics
Languages : en
Pages : 480
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Book Description
Contemporary mainstream economists see social wealth as the sum of individual incomes, but for three centuries many economists saw wealth as consisting of the public and private resources of a nation. This led them to explore the idea of unproductive labour, which provides a nation with an individual income, but does not contribute to an increase in social wealth or help to foster development. This book analyses the evolution of ideas surrounding unproductive labour, offering an unprecedented history that guides readers from the work of Petty through to the present economic crisis. This volume explores the work of several key scholars, including Smith, Petty, Marx, Ricardo, Mill, Say and Schumpeter. This book is suitable for scholars and researchers with an interest in the history of economic thought, labour economics and economic philosophy. Winner of the 2019 Ernest Lluch Prize from the Spanish Association of Economic History
Author: Alfredo Saad Filho
Publisher: Routledge
ISBN: 1134566972
Category : Business & Economics
Languages : en
Pages : 190
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Book Description
This book constitutes an overview of recent developments in political economy in general, and Marxist value theory in particular. The implications of value theory for bank credit, inflation and deflation are fully explored.
Author: Karl Marx
Publisher: Pattern Books
ISBN: 711411155X
Category : Political Science
Languages : en
Pages : 216
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Book Description
Results of the Direct Production Process(otherwise known as Results of the Immediate Production Process) is part of a third draft of Capital which Marx wrote between the summer of 1863 and the summer of 1864, based on a plan Marx made for the work in December 1862. This manuscript has been lost, apart from a few pages from what would become the first five chapters of Capital, some related footnotes, and what was to become the sixth chapter. The pagination and content of this sixth chapter indicate that it followed on from five previous chapters. By the time Capital was completed however, this chapter had not been not included. The content of the chapter ranges over a variety of subjects, but most particularly deals in greater detail than elsewhere with (i) the "formal" and "real" subsumption of the labour process by capital, and (ii) productive and unproductive labour. Results of the Direct Production Process is to be read with the preceding five books in the Radical Reprints series: Theories of Surplus Value Volumes 1 - 3 by Karl Marx, Essays on Marx's Theory of Value by I.I. Rubin, and Capital and Community by Jacques Camatte, for these, along with Results, add onto the project of realizing and dismantling capital as a totality that Marx was unable to complete with only the three volumes of Capital that were finished and published. It is in this work that Marx's theory is illuminated, piecing together the fragments of Marx's total conception of Capital. As Camatte wrote in Capital and Community, "In a way it provides a key, not to understand Capital which is self-sufficient, but to the entire work surrounding it." This Radical Reprint by Pattern Books is made to be accessible and as close to only manufacturing cost as possible
Author: Isaak Ilʹich Rubin
Publisher:
ISBN: 9780919618114
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
Political economy, defined in the study of social relations and culture. Originally published in the former Soviet Union, was suppressed and after 1928 it was never re-issued. This is the first English-language edition. Includes an outstanding introductory essay on "Commodity Fetishism" by Freddy Perlman.
Author: Jonathan Nitzan
Publisher: Routledge
ISBN: 1134022298
Category : Political Science
Languages : en
Pages : 853
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Book Description
Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an ‘economic’ entity that they count in universal units of ‘utils’ or ‘abstract labour’, respectively. But these units are totally fictitious. Nobody has ever been able to observe or measure them, and for a good reason: they don’t exist. Since liberalism and Marxism depend on these non-existing units, their theories hang in suspension. They cannot explain the process that matters most – the accumulation of capital. This book offers a radical alternative. According to the authors, capital is not a narrow economic entity, but a symbolic quantification of power. It has little to do with utility or abstract labour, and it extends far beyond machines and production lines. Capital, the authors claim, represents the organized power of dominant capital groups to reshape – or creorder – their society. Written in simple language, accessible to lay readers and experts alike, the book develops a novel political economy. It takes the reader through the history, assumptions and limitations of mainstream economics and its associated theories of politics. It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory of ‘capital as power’ and a new history of the ‘capitalist mode of power’.
Author: John Stuart Mill
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 628
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Book Description
Author: Ludo Cuyvers
Publisher: Taylor & Francis
ISBN: 1317381831
Category : Business & Economics
Languages : en
Pages : 337
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Book Description
Nearly two hundred years have passed since the birth of Karl Marx and continuing to this day the influence of his economic views, insights and theories can still be felt. However, since the publication of Das Kapital, the scientific community has not been sitting idle – it is time to evaluate Marx as an economist and explore what he can bring to modern economic thinking, particularly post-Keynesian economics. Starting with Marx’s schemes of reproduction, which, it is shown, are the basis of the linear model of production as used since the 1960s by Piero Sraffa, Michio Morishima and others, the book reviews and assesses Marx’s major economic theses. These include: the labour theory of value; accumulation and technical change and its impact on labour; the concept of unproductive labour; the tendential falling rate of profits; the evolution and determinants of the share of wages in national income; as well as short-run and long-run economic dynamics. The Economic Ideas of Marx's Capital updates the theses of the labour theory of value and the conditions for balanced growth using the recent scholarly literature, and also further develops issues related to Marx’s concept of productive labour. Moreover, the book analyses the intellectual relationship of Marx’s economic theory with post-Keynesian neo-Marxism, particularly in the writings of Michal Kalecki, Joan Robinson and others. By doing so, the book shows the need and possibilities of integrating major insights of Marxist and post-Keynesian theory. This volume will be of interest to those who wish to explore Marx’s economic theories through a non-ideological approach, as well as students of Marxist economics, post-Keynesian economics and the history of economic thought.
Author: Anwar M. Shaikh
Publisher: Cambridge University Press
ISBN: 9780521564793
Category : Political Science
Languages : en
Pages : 404
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Book Description
This book provides an alternate foundation for the measurement of the production of nations, and applies it to the U.S. economy for the postwar period. The patterns that result are significantly different from those derived within conventional systems of national accounts. Conventional national accounts seriously distort basic economic aggregates, because they classify military, bureaucratic and financial activities as the creation of new wealth, when in fact they should be classified as forms of social consumption that, like personal consumption, actually use up social wealth in the performance of their functions.
Author: Karl Marx
Publisher: Penguin UK
ISBN: 0141194030
Category : Political Science
Languages : en
Pages : 1086
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Book Description
Written during the winter of 1857-8, the Grundrisse was considered by Marx to be the first scientific elaboration of communist theory. A collection of seven notebooks on capital and money, it both develops the arguments outlined in the Communist Manifesto (1848) and explores the themes and theses that were to dominate his great later work Capital. Here, for the first time, Marx set out his own version of Hegel's dialectics and developed his mature views on labour, surplus value and profit, offering many fresh insights into alienation, automation and the dangers of capitalist society. Yet while the theories in Grundrisse make it a vital precursor to Capital, it also provides invaluable descriptions of Marx's wider-ranging philosophy, making it a unique insight into his beliefs and hopes for the foundation of a communist state.
Author: Friedrich List
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 434
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Book Description
