Download or read book Theory of Value Prices and Accumulation written by Gilbert Abraham-Frois and published by CUP Archive. This book was released on 1979-09-27 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Theory of Value Prices and Accumulation written by Gilbert Abraham-Frois and published by . This book was released on 1979 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labor Theory of Value written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-01-19 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Labor Theory of Value The labor theory of value (LTV) is a theory of value that argues that the economic value of a good or service is determined by the total amount of "socially necessary labor" required to produce it. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Labor theory of value Chapter 2: Capital (economics) Chapter 3: Transformation problem Chapter 4: Classical economics Chapter 5: Organic composition of capital Chapter 6: Use value Chapter 7: Theory of value (economics) Chapter 8: Law of value Chapter 9: Prices of production Chapter 10: Productive and unproductive labour Chapter 11: Unequal exchange Chapter 12: Tendency of the rate of profit to fall Chapter 13: Criticism of Marxism Chapter 14: Temporal single-system interpretation Chapter 15: Commodity (Marxism) Chapter 16: Criticisms of the labour theory of value Chapter 17: Constant capital Chapter 18: Capitalist mode of production (Marxist theory) Chapter 19: Surplus value Chapter 20: Marxian economics Chapter 21: Capital accumulation (II) Answering the public top questions about labor theory of value. (III) Real world examples for the usage of labor theory of value in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of labor theory of value.
Download or read book Prices of Production written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-04 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Prices of Production Karl Marx's critique of political economy includes a term known as "prices of production," which can be defined as "cost-price plus average profit." A production price is a form of supply price for products; it refers to the price levels at which freshly produced goods and services would have to be sold by the producers in order to obtain a typical, average profit rate on the capital spent to make the items. A production price may be thought of as a type of supply price for products. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Prices of production Chapter 2: Labor theory of value Chapter 3: Transformation problem Chapter 4: Organic composition of capital Chapter 5: Use value Chapter 6: Exchange value Chapter 7: Labour power Chapter 8: Reproduction (economics) Chapter 9: Valorisation Chapter 10: Surplus labour Chapter 11: Value product Chapter 12: Law of value Chapter 13: Productive and unproductive labour Chapter 14: Tendency of the rate of profit to fall Chapter 15: Okishio's theorem Chapter 16: Commodity (Marxism) Chapter 17: Capitalist mode of production (Marxist theory) Chapter 18: Socially necessary labour time Chapter 19: Surplus value Chapter 20: Das Kapital Chapter 21: Marxian economics (II) Answering the public top questions about prices of production. (III) Real world examples for the usage of prices of production in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Prices of Production.
Download or read book Themes in Value and Distribution written by Krishna Bharadwaj and published by Taylor & Francis. This book was released on 2017-01-20 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume, first published in 1989, seek to re-examine an important area of economic theory: value and distribution. In a sustained and analytical critique, two principle methodological approaches are compared and distinguished: the Classical or ‘surplus-based’ theories and the demand-and-supply-based equilibrium (DSE) theories. Although the essays are primarily concerned with value and distribution, the critique necessarily extends to the theory of output and employment, and in general, to the theory of trade and accumulation. The book will be an invaluable reader for students of economic thought, capital theory and Marxian political economy.
Download or read book THEORY OF VALUE PRICES AND ACCUMULATION ABRAHAM FROIS GILBERT written by and published by . This book was released on 1979 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Adam Smith s Theory of Value and Distribution written by Rory O'Donnell and published by Springer. This book was released on 2016-02-05 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the value and distribution debates on the theories of Adam Smith. A variety of the aspects of his work are covered in this book such as his labour command measure, as are a number of interpretations and criticisms.
Download or read book Three Essays on Marx s Value Theory written by Samir Amin and published by NYU Press. This book was released on 2013-10 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this slim, insightful volume, noted economist Samir Amin returns to the core of Marxian economic thought: Marx’s theory of value. He begins with the same question that Marx, along with the classical economists, once pondered: how can every commodity, including labor power, sell at its value on the market and still produce a profit for owners of capital? While bourgeois economists attempted to answer this question according to the categories of capitalist society itself, Marx sought to peer through the surface phenomena of market transactions and develop his theory by examining the actual social relations they obscured. The debate over Marx’s conclusions continues to this day. Amin defends Marx’s theory of value against its critics and also tackles some of its trickier aspects. He examines the relationship between Marx’s abstract concepts—such as “socially necessary labor time”—and how they are manifested in the capitalist marketplace as prices, wages, rents, and so on. He also explains how variations in price are affected by the development of “monopoly- capitalism,” the abandonment of the gold standard, and the deepening of capitalism as a global system. Amin extends Marx’s theory and applies it to capitalism’s current trajectory in a way that is unencumbered by the weight of orthodoxy and unafraid of its own radical conclusions.
Download or read book The Value Dimension Routledge Revivals written by Ben Fine and published by Routledge. This book was released on 2013-05-02 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this edited collection, first published in 1986, focus on important debates surrounding the central Marxian problem of the transformation of values into prices. The collection brings together major contributions on the value theory debate from the decade prior to the book’s publication, and assesses the debate’s significance for wider issues. Value theory emerges as much more than a technical relation between labour time and prices, and the structure of the capitalist economy is scrutinised. This is a relevant and comprehensive work, valuable to students, academics and professionals with an interest in political and Marxist economy.
Download or read book Three Essays on Marx s Value Theory written by Samir Amin and published by NYU Press. This book was released on 2013-10-01 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this slim, insightful volume, noted economist Samir Amin returns to the core of Marxian economic thought: Marx’s theory of value. He begins with the same question that Marx, along with the classical economists, once pondered: how can every commodity, including labor power, sell at its value on the market and still produce a profit for owners of capital? While bourgeois economists attempted to answer this question according to the categories of capitalist society itself, Marx sought to peer through the surface phenomena of market transactions and develop his theory by examining the actual social relations they obscured. The debate over Marx’s conclusions continues to this day. Amin defends Marx’s theory of value against its critics and also tackles some of its trickier aspects. He examines the relationship between Marx’s abstract concepts—such as “socially necessary labor time”—and how they are manifested in the capitalist marketplace as prices, wages, rents, and so on. He also explains how variations in price are affected by the development of “monopoly- capitalism,” the abandonment of the gold standard, and the deepening of capitalism as a global system. Amin extends Marx’s theory and applies it to capitalism’s current trajectory in a way that is unencumbered by the weight of orthodoxy and unafraid of its own radical conclusions.
Download or read book The Value of Money written by Prabhat Patnaik and published by Columbia University Press. This book was released on 2009-04-02 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why is money more valuable than the paper on which it is printed? Monetarists link the value of money to its supply and demand, believing the latter depends on the total value of the commodities it circulates. According to Prabhat Patnaik, this logic is flawed. In his view, in any nonbarter economy, the value we assign to money is determined independently of its supply and demand. Through an original and provocative critique of monetarism, Patnaik advances a revolutionary understanding of macroeconomics that highlights the "propertyist" position of Karl Marx and John Maynard Keynes. Unlike the usual division between "classical" economists (e.g., David Ricardo and Marx) and the "marginalists" (e.g., Carl Menger, William Stanley Jevons, and Léon Walras), Patnaik places "monetarists," including Ricardo, on one side, while grouping propertyist writers like Marx, Keynes, and Rosa Luxemburg on the other. This second group subscribes to the idea that the value of money is given from outside the realm of supply and demand, therefore making money a form in which wealth is held. The fact that money is held as wealth in turn gives rise to the possibility of deficiency of aggregate demand under capitalism. It is no accident that this possibility was highlighted by Marx and Keynes while going largely unrecognized by Ricardo and contemporary monetarists. At the same time, Patnaik points to a weakness in the Marx-Keynes tradition namely, its lack of any satisfactory explanation of why the value of money, determined from outside the realm of supply and demand, remains relatively stable over long stretches of time. The answer to this question lies in the fact that capitalism is not a self-contained system but is born from a precapitalist setting with which it interacts and where it creates massive labor reserves that, in turn, impart stability to the value of money. Patnaik's theory of money, then, is also a theory of imperialism, and he concludes with a discussion of the contemporary international monetary system, which he terms the "oil-dollar" standard.
Download or read book Value written by Diane Elson and published by Verso Books. This book was released on 2016-03-15 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This republication of a long out-of-print collection of essays, first published in 1979, focuses on the elusive concept of “value.” The field of study surrounding the theory of value remains comparatively sparse in Anglophone circles, and the essays here aim to answer the question, “Why is Marx’s theory of value important?”
Download or read book The Theory of Value and Distribution in Economics written by Pierangelo Garegnani and published by Routledge. This book was released on 2012 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new volume explores two alternative economic theories - the classical theory and the marginalist or neoclassical theory- through a discussion between two eminent economists, Pierangelo Garegnani and Paul Samuelson. The key themes of the volume are the difference in approaches to the explanation of the distribution of income and relative prices, and therefore different approaches to all other economic problems, in particular capital accumulation and economic growth. The book discusses whether there is a 'classical' approach to the theory of value and distribution at the core of economic theory that is fundamentally different from the later marginalist or neoclassical theory. In the volume, the late Pierangelo Garegnani argues for the validity of Piero Sraffa's position on this issue, whilst the late noble laureate Paul Samuelson vehemently contests it. At a time of economic crisis, the future of the discipline is far from certain, and so it is extremely important to bring these debates back into the light, by reproducing them together for the first time. A comprehensive introduction by Heinz Kurz sets the debate in this context, and provides crucial background to the arguments.
Download or read book Money Accumulation and Crisis written by D. Foley and published by Taylor & Francis. This book was released on 2013-07-04 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Duncan Foley provides an alternative to Keynesian and 'new classical' macroeconomics, based on the Marxian theory of capital.
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 Fetishism and the Theory of Value written by Desmond McNeill and published by Springer Nature. This book was released on 2020-11-12 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates the continuing relevance of Marx’s critique of the capitalist system, in which value is simply equated with market price. It includes chapters specifically on the environment and financialisation, and presents Marx’s qualitative theory of value and the associated concept of fetishism in a clear and comprehensive manner. Section I demonstrates how fetishism developed in Marx’s writing from a journalistic metaphor to an analytical device central to his critique. In Section II, commodity fetishism is distinguished from other forms: of money, capital and interest-bearing capital. There follows an analysis of Marx’s complex attempt to distinguish his argument from that of Ricardo, and Samuel Bailey. The section ends with a discussion of the ontological status of value: as a social rather than a natural phenomenon. Section III considers the merits of understanding value by analogy with language, and critically assesses the merits of structural Marxism. Section IV challenges Marx’s emphasis solely on production, and considers also exchange and consumption as social relations. Section V critically assesses recent Marx-inspired literature relating to the two key crises of our time, finance and the environment, and identifies strong similarities between the key analytical questions that have been debated in each case.
Download or read book Value Competition and Exploitation written by Jonathan F. Cogliano and published by Edward Elgar Publishing. This book was released on 2018-07-27 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive and rigorous, yet accessible, analysis of classical and Marxian price and value theory using the tools of contemporary economic analysis. The broad conceptual framework and methodology of Marx and the classical authors offers interesting and relevant perspectives on the basic structure and evolution of modern capitalist economies. Arguably, the book provides a deeper and more nuanced understanding of today's economic problems than can be gained via mainstream approaches.
