Download or read book Explorations in Marx s Theory of Price Why Marx Is Still Relevant for Understanding the Modern Economy written by Howard Nicholas and published by Springer Nature. This book was released on 2023-01-01 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first volume in a three-volume series that takes an in-depth look at the relevance of Marx's economics for understanding the modern economy. The focus of this volume is the money prices of commodities. In light of the failure of central banks to stimulate inflation through printing of money, it is now accepted that there are problems with the mainstream approach to the explanation of prices. Howard Nicholas underlines the shortcomings of this and other approaches to the explanation of prices, particularly their concepts of the value of the commodity and money. He argues the problems with all other approaches are manifest in their inability to explain the changes in the relative prices of commodities, taking place in the context of changes in the aggregate money price level as well as independently. He contends that of paramount importance in Marx’s explanation is that prices are set by producers prior to putting their commodities into the process of circulation, undermining the notion they are determined by the supply of and demand for the commodities in the process of exchange. Marx’s approach to the explanation of prices is also contrasted with those of Neoclassicals, Post-Keynesians and Sraffa, with a view to highlighting the shortcomings in these approaches as bases for their understanding and explanations of money and prices. This book will be of interest to academics and students of price theory, money and finance, political economy, and the history of economic thought.
Download or read book Representing Capital written by Fredric Jameson and published by Verso Books. This book was released on 2014-01-07 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Representing Capital, Fredric Jameson’s first book-length engagement with Marx’s magnum opus, is a unique work of scholarship that records the progression of Marx’s thought as if it were a musical score. The textual landscape that emerges is the setting for paradoxes and contradictions that struggle toward resolution, giving rise to new antinomies and a new forward movement. These immense segments overlap each other to combine and develop on new levels in the same way that capital itself does, stumbling against obstacles that it overcomes by progressive expansions, which are in themselves so many leaps into the unknown.
Download or read book Explorations in Marx s Theory of Price Why Marx Is Still Relevant for Understanding the Modern Economy written by Howard Nicholas and published by Palgrave MacMillan. This book was released on 2023-01-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1: Introduction.- Chapter 2: Marx.- Chapter 3: Smith.- Chapter 4: Ricardo.- Chapter 5: Sraffa.- Chapter 7: Marxists.- Chapter 8: Neoclassicals.- Chapter 9: Conclusions.
Download or read book The Value of Marx written by Alfredo Saad Filho and published by Routledge. This book was released on 2001-11-29 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Economics as Ideology written by Kenneth R. Hoover and published by Rowman & Littlefield Publishers. This book was released on 2003-08-25 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics as Ideology: Keynes, Laski, Hayek and the Creation of Contemporary Politics explores the lives and thought of three powerful theorists who shaped the foundations of the center, left, and right of the political spectrum in the 20th century. Noted scholar Kenneth R. Hoover examines how each thinker developed their ideas, looks at why and how their views evolved into ideologies, and draws connections between these ideologies and our contemporary political situation. Similar in age, colleagues in academic life, and participants in the century's defining political events, the story of Keynes, Laski, and Hayek is also the story of how we in the west came to define politics as the choice between government and the market, between regulation and freedom, and between the classes and the masses.
Download or read book Explorations in Marx s Theory of Price Why Marx Is Still Relevant for Understanding the Modern Economy written by Howard Nicholas and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first volume in a three-volume series that takes an in-depth look at the relevance of Marx's economics for understanding the modern economy. The focus of this volume is the money prices of commodities. In light of the failure of central banks to stimulate inflation through printing of money, it is now accepted that there are problems with the mainstream approach to the explanation of prices. Howard Nicholas underlines the shortcomings of this and other approaches to the explanation of prices, particularly their concepts of the value of the commodity and money. He argues the problems with all other approaches are manifest in their inability to explain the changes in the relative prices of commodities, taking place in the context of changes in the aggregate money price level as well as independently. He contends that of paramount importance in Marx's explanation is that prices are set by producers prior to putting their commodities into the process of circulation, undermining the notion they are determined by the supply of and demand for the commodities in the process of exchange. Marx's approach to the explanation of prices is also contrasted with those of Neoclassicals, Post-Keynesians and Sraffa, with a view to highlighting the shortcomings in these approaches as bases for their understanding and explanations of money and prices. This book will be of interest to academics and students of price theory, money and finance, political economy, and the history of economic thought. Howard Nicholas retired in 2020 as associate professor in economics at the International Institute of Social Studies, Erasmus University of Rotterdam, The Netherlands. He has published in the areas of inflation, development theory, financial markets, the global economy, and the macro dynamics of a number of countries. He is the author of Marx's Theory of Price and its Modern Rivals (Palgrave Macmillan).
Download or read book Value Exploitation and Growth written by Michio Morishima and published by McGraw-Hill Companies. This book was released on 1978 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics in the Shadows of Darwin and Marx written by Geoffrey Martin Hodgson and published by Edward Elgar Publishing. This book was released on 2014-05-14 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Almost 150 years after their major works were published Darwin and Marx stand alone as the premier theorists of the evolution of complex living systems. Hodgson's unique contribution in these essays is to capture the spirit of these two great thinkers in their ability to see universal principles in particular contextual frameworks. Using an evolutionary and institutional approach to examine a variety of theoretical issues Hodgson avoids both the postmodern disease of extreme relativism and the rigidity of insisting on "one true religion" for economic theory. This book is a major contribution to the current revolution in economic theory.' - John M. Gowdy, Rensselaer Polytechnic Institute, US Economics in the Shadows of Darwin and Marx examines the legacies of these two giants of thought for the social sciences in the twenty-first century.
Download or read book Marx s Ecology written by John Bellamy Foster and published by NYU Press. This book was released on 2000-03-01 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Progress requires the conquest of nature. Or does it? This startling new account overturns conventional interpretations of Marx and in the process outlines a more rational approach to the current environmental crisis. Marx, it is often assumed, cared only about industrial growth and the development of economic forces. John Bellamy Foster examines Marx's neglected writings on capitalist agriculture and soil ecology, philosophical naturalism, and evolutionary theory. He shows that Marx, known as a powerful critic of capitalist society, was also deeply concerned with the changing human relationship to nature. Marx's Ecology covers many other thinkers, including Epicurus, Charles Darwin, Thomas Malthus, Ludwig Feuerbach, P. J. Proudhon, and William Paley. By reconstructing a materialist conception of nature and society, Marx's Ecology challenges the spiritualism prevalent in the modern Green movement, pointing toward a method that offers more lasting and sustainable solutions to the ecological crisis.
Download or read book Karl Marx s Life Ideas and Influences written by Shaibal Gupta and published by Springer Nature. This book was released on 2019-09-28 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the latest crisis of capitalism broke out in 2008, Marx has been back in fashion, and sometimes it seems that his ideas have never been as topical, or as commanding of respect and interest, as they are today. This edited collection arises from one of the largest international conferences dedicated to the bicentenary of Marx’s birth. The volume contains 16 chapters authored by globally renowned scholars and is divided into two parts: I) On the Critique of Politics; II) On the Critique of Political Economy. These contributions, from multiple academic disciplines, offer diverse perspectives on why Marx is still so relevant for our times and make this book a source of great appeal for both expert scholars of Marx as well as students and general readers who are approaching his theories for the first time.
Download or read book Marx s Theory of Crisis written by Simon Clarke and published by Springer. This book was released on 2016-07-27 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of crisis has always played a central role within Marxism, and yet has been one of its weakest elements. Simon Clarke's important new book provides the first systematic account of Marx's own writings on crisis, examining the theory within the context of Marx's critique of political economy and of the dynamics of capitalism. The book concentrates on the scientific interpretation and evaluation of the theory of crisis, and will be of interest to mainstream economists, as well as to sociologists, political scientists and students of Marx and Marxism.
Download or read book Rupturing the Dialectic written by Harry Cleaver and published by AK Press. This book was released on 2017-04-17 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: A central figure for anti-authoritarian Marxists and radicals who see the working class as an autonomous force, capable of acting independently and not simply reacting to the depredations of capitalism, Harry Cleaver brings this vision up to date, interpreting capitalism’s latest crises and demonstrating how ordinary people can, and do, rupture the smooth functioning of the system that exploits them.
Download or read book Modern Money Theory written by L. Randall Wray and published by Springer. This book was released on 2015-09-22 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations.
Download or read book Marxian Reproduction Schema written by Andrew Trigg and published by Routledge. This book was released on 2006-04-18 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1878 Karl Marx developed the reproduction schema: his model of how total capital is produced and reproduced. This is thought to be the first two-sector economic model ever constructed. Two key aspects of Marx’s writings are widely agreed to be undeveloped: The role of aggregate demand and the role of money. This book synthesizes various strands of economic thought to enable the reader to understand and clarify the structure of the reproduction schema. This synthesis will challenge prevailing orthodoxies. This book constructs a macro monetary model which draws on a wide range of economic theories, within both the Marxian economic tradition, and the tradition of Keynes, Kalecki, Domar, Sraffa and Leontief. Marxian economics has been dominated by supply-side thinking, including general equilibrium theory and pronouncements about the shortage of surplus value, whilst Post Keynesians have failed to take seriously the importance of reproduction and the multisectoral structure of capitalism. By locating aggregate demand and the circuit of money in the reproduction schema, this key book provides an analytical contribution to both Marxian and Post Keynesian economics.
Download or read book Technology and Oligopoly Capitalism written by Luis Suarez-Villa and published by Taylor & Francis. This book was released on 2023-04-14 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology and Oligopoly Capitalism is a major contribution to our understanding of how technology oligopolies are shaping America’s social, economic, and political reality. Technology oligopolies are the most powerful socioeconomic entities in America. From cradle to grave, the decisions they make affect the most intimate aspects of our lives, how we work, what we eat, our health, how we communicate, what we know and believe, whom we elect, and how we relate to one another and to nature. Their power over markets, trade, regulation, and most every aspect of our governance is more intrusive and farther-reaching than ever. They benefit from tax breaks, government guarantees, and bailouts that we must pay for and have no control over. Their accumulation of capital creates immense wealth for a minuscule elite, deepening disparities while politics and governance become ever more subservient to their power. They determine our skills and transform employment through the tools and services they create, as no other organizations can. They produce a vast array of goods and services with labor, marketing, and research that are more intrusively controlled than ever, as workplace rights and job security are curtailed or disappear. Our consumption of their products—and their capacity to promote wants—is deep and far reaching, while the waste they generate raises concerns about the survival of life on our planet. And their links to geopolitics and the martial domain are stronger than ever, as they influence how warfare is waged and who will be vanquished. Technology and Oligopoly Capitalism’s critical, multidisciplinary perspective provides a systemic vision of how oligopolistic power shapes these forces and phenomena. An inclusive approach spans the spectrum of technology oligopolies and the ways in which they deploy their power. Numerous, previously unpublished ideas expand the repertory of established work on the topics covered, advancing explanatory quality—to elucidate how and why technology oligopolies operate as they do, the dysfunctions that accompany their power, and their effects on society and nature. This book has no peers in the literature, in its scope, the unprecedented amount and diversity of documentation, the breadth of concepts, and the vast number of examples it provides. Its premises deserve to be taken into account by every student, researcher, policymaker, and author interested in the socioeconomic and political dimensions of technology in America.
Download or read book Value Technical Change and Crisis written by David Laibman and published by Routledge. This book was released on 2016-09-16 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text brings together studies in various aspects of the theory of the capitalist economy. It focuses on major themes of the Marxist tradition that postulate the existence and importance of social relations and structures underlying the esoteric realm of economic categories: prices, profits, wages, etc. The author takes a reappraising, critical look at the concepts of the deep structure - value, explitation, immanent crisis - using the analytical tools of modern economics to improve those concepts. The book is divided into four parts. Part 1 explores the essential nature of capitalism, re-examining problems in the theory of value and exploitation. Part 2 tackles the issue of capitalism-specific paths of growth and technical change, putting forward a rigorous theory of biased technical change and non-steady-state growth. Part 3 examines the cyclical character of capitalist growth and the theory of crises. Finally, Part 4 places capitalism in the wider framework of modes of production, considering the theory of precapitalist formations and aspects of the theory and practical experience of socialism. The guiding theme is the combination, or confrontation, of rigorous, quantitative analytical techniques with equally demanding qualitative and political-economic conceptualization. The book's premise is that this interface is essential to a progressive yet distinctively Marxist social theory.
Download or read book Classical Political Economy and Modern Theory written by Neri Salvadori and published by Routledge. This book was released on 2013-06-17 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Heinz Kurz is recognised internationally as a leading economic theorist and a foremost historian of economic thought. This book pays tribute to his outstanding contributions by bringing together a unique collection of new essays by distinguished economists from around the world. Classical Political Economy and Modern Theory comprises twenty essays, grouped thematically into five sections. Part I examines political economy and its critique, Part II looks at entrepreneurship, evolution and income distribution, Part III discusses Cambridge, Keynes and macroeconomics, Part IV explores crisis and cycles, whilst Part V is dedicated to personal reminiscences. The essays in this book will be an invaluable source of inspiration for economists interested in economic theory and in the evolution of economic thought. They will also be of interest to postgraduate and research students specialising in economic theory and in the history of economic thought.
