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Author: John Weeks
Publisher: Princeton University Press
ISBN: 1400854083
Category : Political Science
Languages : en
Pages : 235
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Book Description
Professor Weeks proposes that the key to Marx's critique of capitalist society is the labor theory of value. A commodity-producing society, he argues, necessarily gives rise to a capitalist society, so that commodity production and the exploitation of labor are inseparably linked. Originally published in 1982. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Author: John Weeks
Publisher: Princeton University Press
ISBN: 1400854083
Category : Political Science
Languages : en
Pages : 235
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Book Description
Professor Weeks proposes that the key to Marx's critique of capitalist society is the labor theory of value. A commodity-producing society, he argues, necessarily gives rise to a capitalist society, so that commodity production and the exploitation of labor are inseparably linked. Originally published in 1982. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Author: Deepankar Basu
Publisher: Cambridge University Press
ISBN: 1009032305
Category : Political Science
Languages : en
Pages :
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Book Description
This book presents the main economic argument developed by Marx in the three volumes of Capital in a coherent and comprehensive manner. The first part presents the main economic argument contained in the Capital in a coherent and comprehensive manner. It also delves into three long-standing debates in Marxist political economy: the transformation problem, the Okishio theorem, and theories of exploitation and oppression. Starting with discussions of methodology, including dialectics and historical materialism, the book explains key concepts of Marxist political economy: commodity, value, money, capital, reserve army of labour, accumulation of capital, circuit of capital, reproduction schemas, prices of production, profit, interest and rent. Scholars of economics, sociology, geography, political science, anthropology, and other kindred disciplines, will find here an accessible yet rigorous treatment of Marxist political economy.
Author: John Weeks
Publisher: Taylor & Francis
ISBN: 1136808027
Category : Business & Economics
Languages : en
Pages : 209
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Book Description
In 2008 the capitalist world was swept by the severest crisis since the Great Depression of the 1930s. Mainstream economics neither anticipated nor could account for this disastrous financial crisis, which required massive state intervention throughout the capitalist world. Karl Marx did anticipate this type of financial collapse, arguing that it was derivative from the ‘fetishism of commodities’ inherent in the capitalist mode of production. This book substantiates the foregoing claim by a journey from Marx’s analysis of commodities to the capitalist crisis of the twenty-first century. The book demonstrates that Marx's framework (1) demonstrates that capitalism is but one historical form of class society among many; (2) explains the transition from pre-capitalist to capitalist society; (3) reveals the concrete operation of a capitalist economy; and (4) shows why others would explain the capitalist economy in alternative theoretical frameworks. The central element in his framework from which all else derives is ‘the theory of value’. This book is not an exercise in the history of thought. It is an attempt to analyze the nature of contemporary capitalist society. While Marx’s analysis of capitalism has implications for political action, these need not lead one to embrace revolution in place of reform, though it can and has provided the analytical foundation for both. Marx’s analysis of capitalism is a coherent whole, and meaningful insights cannot be obtained by extracting elements from it. Weeks starts out by looking at the nature of capitalism and an analysis circulation, money and credit unfold from the theory of value. The nature and inherent necessity of competition are demonstrated in chapter eight. A consequence of competition, expressed in the movement of capital, is technical change, the contradictory impact of which is explained in chapter nine. This is brought together with the other elements of value theory (money, credit and competition) in chapter ten, where economic crises are treated in detail. The final chapter applies the theory of crisis to the extreme financial disturbances of the 2000s. This book should be of interest to students and researchers of economics, politics and sociology.
Author: James Furner
Publisher: BRILL
ISBN: 9004384804
Category : Social Science
Languages : en
Pages : 536
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Book Description
In Marx on Capitalism, James Furner offers a new answer to the fundamental question of Marxism: can a thesis connecting capital, the state and classes with the desirability of socialism be developed from an analysis of the commodity?
Author: Ernesto Screpanti
Publisher: Open Book Publishers
ISBN: 178374782X
Category : Education
Languages : en
Pages : 134
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Book Description
In this book Ernesto Screpanti provides a rigorous examination of Marx’s theory of exploitation, one of the cornerstones of Marxist thought. With precision and clarity, he identifies the holes in traditional readings of Marx’s theory before advancing his own original interpretation, drawing on contemporary philosophy and economic theory to provide a refreshingly interdisciplinary exegesis. Screpanti’s arguments are delivered with perspicuity and verve: this is a book that aims to spark a debate. He exposes ambiguities present in Marx’s exposition of his own theory, especially when dealing with the employment contract and the notions of ‘abstract labor’ and ‘labor value’, and he argues that these ambiguities have given rise to misunderstandings in previous analyses of Marx’s theory of exploitation. Screpanti’s own interpretation is a meticulously argued counterpoint to these traditional interpretations. Labour and Value is a significant contribution to the theory of economics, particularly Marxist economics. It will also be of great interest to scholars in other disciplines including sociology, political science, and moral and political philosophy. Screpanti’s clear and engaging writing style will attract the interested general reader as well as the academic theorist.
Author:
Publisher: BRILL
ISBN: 9004504796
Category : Social Science
Languages : en
Pages : 378
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Book Description
In Marx Matters noted scholars explore the way a Marxian political economy addresses contemporary social problems, demonstrating the relevance of Marx today and outlining how his work can frame progressive programs for social change.
Author: John E. Roemer
Publisher: Psychology Press
ISBN: 9780415269858
Category : Business & Economics
Languages : en
Pages : 112
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Book Description
John E. Roemer, one of the founders of analytical Marxism, draws on contemporary mathematical economics to put forward a refined extension of the Marxian theory of exploitation, labour value and class.
Author: Marc Silver
Publisher: Springer
ISBN: 3030136396
Category : Political Science
Languages : en
Pages : 344
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Book Description
This book analyzes key aspects of Marx’s Capital with an eye towards its relevance for an understanding of issues confronting us in the 21st Century. The contributions to this volume suggest that while aspects of Marx’s original analysis must be adjusted to take into account changes that have occurred since its initial publication in 1867, his overall perspective remains necessary for understanding the nature of crises in 21st century. Part I emphasizes the central concepts Marx employed in Capital, including exploitation, capital accumulation, commodity fetishism, and his use of dialectics as a method for baring the underlying relations that define capitalism. Parts II and III extend that focus by addressing the concept of value, fictitious capital, credit and financialization. Parts IV and V offer analyses of several concrete manifestations of contemporary crises from national contexts (Europe, Latin America, China, and the United States). The volume argues that we have to combat the imperatives of capitalism to move towards a more humane and egalitarian future.
Author: Rafael Mota
Publisher: Xlibris Corporation
ISBN: 1524588202
Category : Business & Economics
Languages : en
Pages : 75
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Book Description
Karl Marx explained the production in his book the capital volume I. He used in his book some economy elements as the value J or figure out the sales and prices in a capitalist society that he called speculative. This book ends in the exploitation, which he continues to analyze in his book with another legal aspect of the capitalist society, and he takes as example for it the England society, where the capitalism had began. Concerning to the value theory seems to me the I. He applies in some way the Ricardian value economy theory. This book analyzes the capital volume I until the term exploitation of labor by the capital and ignores the legal aspects in relation of the labor worker conduction that Marx tried in the final chapters of his book. The capital volume Ithe productionas a labor exploitation by capital in the slave work and the worker that has been working more than fifteen hours a day have been causing a society health problem. Then the legal aspects began the attention in those labor conditions cases until they become the legal reform.
Author: J. Roemer
Publisher: Taylor & Francis
ISBN: 1136463267
Category : Business & Economics
Languages : en
Pages : 105
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Book Description
John E. Roemer, one of the founders of analytical Marxism, draws on contemporary mathematical economics to put forward a refined extension of the Marxian theory of exploitation, labour value and class.
