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Book The Falling Rate of Profit and the Great Recession of 2007 2009

Download or read book The Falling Rate of Profit and the Great Recession of 2007 2009 written by Peter H. Jones and published by BRILL. This book was released on 2021-04-06 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Falling Rate of Profit and the Great Recession of 2007-2009, Peter H. Jones develops a new non-equilibrium interpretation of the labour theory of value Karl Marx builds in Capital. Applying this to US national accounting data, Jones shows that when measured correctly the profit rate falls in the lead up to the Great Recession, and for the main reason Marx identifies: the rising organic composition of capital. Jones also details a new theory of finance, which shows how cycles in the profit rate relate to stock market booms and slumps, and movements in the interest rate. He discusses the implications of the analysis and Marx and Engels’ work generally for a democratic socialist strategy.

Book Reclaiming Marx s Capital

Download or read book Reclaiming Marx s Capital written by Andrew Kliman and published by Lexington Books. This book was released on 2007 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempts to reclaim Marx's Capital from the myth of inconsistency. This book is intended for non-specialist readers, and shows that the inconsistencies are actually caused by misinterpretation; the temporal single-system interpretation eliminates all of the alleged inconsistencies.

Book The Value of Marx

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.

Book Marx s Capital

    Book Details:
  • Author : Marcel van der Linden
  • Publisher : Historical Materialism
  • Release : 2019
  • ISBN : 9781642590111
  • Pages : 306 pages

Download or read book Marx s Capital written by Marcel van der Linden and published by Historical Materialism. This book was released on 2019 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: When he died, Marx left his opus Capital unfinished. But how incomplete was the project? This volume offers the first comprehensive answer.

Book Key Elements of Social Theory Revolutionized by Marx

Download or read book Key Elements of Social Theory Revolutionized by Marx written by Paul Zarembka and published by BRILL. This book was released on 2020-09-25 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marx's oeuvre is vast yet with key elements to an evolving social theory, even including state conspiracies. Deep confrontation with Ricardian economics is an expression, including with accumulation of capital. Luxemburg was the most significant contributor to Marxism, post-Marx.

Book Marx s Theory of Crisis

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.

Book Theory as Critique  Essays on Capital

Download or read book Theory as Critique Essays on Capital written by Paul Mattick and published by BRILL. This book was released on 2018-06-12 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theory as Critique, while discussing many central issues of Marxian theory, has two main emphases: First, as the title suggests, it takes seriously Capital’s claim to be a critique of economic theory, rather than a contribution to political economy. Understanding what this means, it shows, goes far to unravelling many difficulties traditionally found in Marx’s book, from the nature of his theory of class to the 'transformation problem'. Secondly, Mattick’s volume carefully explores how to bridge the gap between the extreme abstraction of Marx’s ideas and the complex reality that they are intended to help us understand.

Book The Logic of Capital

Download or read book The Logic of Capital written by Deepankar Basu and published by Cambridge University Press. This book was released on 2022-02-03 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible, rigorous presentation of Marx's argument in the three volumes of Capital and of longstanding debates in Marxist economics.

Book Radical Political Economy

Download or read book Radical Political Economy written by Robin Hahnel and published by Taylor & Francis. This book was released on 2017-07-14 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a point-by-point comparison of Sraffian and Marxian treatments of prices, profits, technological change, economic crises, environmental sustainability, and the moral case against capitalism, are presented in six core chapters. They explain how the Sraffian treatment surpasses the Marxian treatment in every case. Large professional literatures are thoroughly referenced throughout, with both Marxian and Sraffian theories presented in a highly accessible way. This book is of great importance to those who study Sraffa and Marx, as well as academics and students who are interested in political economy, history of economic thought and economic theory and philosophy.

Book The New Value Controversy and the Foundations of Economics

Download or read book The New Value Controversy and the Foundations of Economics written by Alan Freeman and published by Edward Elgar Publishing. This book was released on 2004-02-25 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers that comprise this collection introduce key advances in modern value theory. Equilibrium and non-equilibrium approaches are discussed alongside the theory behind abstract labour and money.

Book An Introduction to the Three Volumes of Karl Marx s Capital

Download or read book An Introduction to the Three Volumes of Karl Marx s Capital written by Michael Heinrich and published by NYU Press. This book was released on 2012-06-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economic crisis and recession that began in 2008 had at least one unexpected outcome: a surge in sales of Karl Marx's Capital. Although mainstream economists and commentators once dismissed Marx's work as outmoded and flawed, some are begrudgingly acknowledging an analysis that sees capitalism as inherently unstable. And of course, there are those, like Michael Heinrich, who have seen the value of Marx all along, and are in a unique position to explain the intricacies of Marx's thought. Heinrich's modern interpretation of Capital is now available to English-speaking readers for the first time. It has gone through nine editions in Germany, is the standard work for Marxist study groups, and is used widely in German universities. The author systematically covers all three volumes of Capital and explains all the basic aspects of Marx's critique of capitalism in a way that is clear and concise. He provides background information on the intellectual and political milieu in which Marx worked, and looks at crucial issues beyond the scope of Capital, such as class struggle, the relationship between capital and the state, accusations of historical determinism, and Marx's understanding of communism. Uniquely, Heinrich emphasizes the monetary character of Marx's work, in addition to the traditional emphasis on the labor theory of value, this highlighting the relevance of Capital to the age of financial explosions and implosions.

Book Understanding Capital

Download or read book Understanding Capital written by Duncan K. FOLEY and published by Harvard University Press. This book was released on 2009-06-30 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Capital is a brilliantly lucid introduction to Marxist economic theory. Duncan Foley builds an understanding of the theory systematically, from first principles through the definition of central concepts to the development of important applications.

Book Paul Samuelson on the History of Economic Analysis

Download or read book Paul Samuelson on the History of Economic Analysis written by Paul Anthony Samuelson and published by Cambridge University Press. This book was released on 2015 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of writings by Paul Samuelson illustrates the depth and breadth of his contribution to the history of economics.

Book Frontiers of Political Economy

Download or read book Frontiers of Political Economy written by Guglielmo Carchedi and published by Verso. This book was released on 1991 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transcending the arid formalism of present-day economic theory, Frontiers of Political Economy develops a new and accessible perspective on the world economy. Guglielmo Carchedi identifies and analyses three key features of modern capitalism: the rapidly increasing share of human labour needed for the advancement of science and technology rather than for the production of goods; the global, rather than national, nature of production, distribution and consumption; and the dominance of the oligopolies. This analysis enables Carchedi to explore new theoretical frontiers: from an original theory of mental and material labour to an investigation of the conditions under which mental labour produces value; from an assessment of the class structure of modern capitalism to an appraisal of the social content of science and technology; from an alternative account of crises, inflation and stagflation to a study of their relation to the destruction of value and to arms production. He also cast fresh light on a number of basic contemporary issues—including the present financial and monetary crisis—and surveys the most important recent controversies in language accessible to non-specialists. Rigorous and wide-ranging, but written with great lucidity, Frontiers of Political Economy is an essential book for both specialists and students in economics and politics.

Book Marx and Non equilibrium Economics

Download or read book Marx and Non equilibrium Economics written by Alan Freeman and published by Edward Elgar Publishing. This book was released on 1996 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: A equilibrium-free political economy based on the labour theory of value is developed in this volume which brings together authors who have worked in this framework for the last ten years.

Book Marx s Economics

Download or read book Marx s Economics written by Michio Morishima and published by CUP Archive. This book was released on 1973 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor Morishima concentrates on the three volumes of Das Kapital and their contributions to the major topics of traditional Marxian economics. He provides a rigorous mathematisation of the labour theory of value, the theory of exploitation, the transformation problem, the reproduction scheme, the law of relative surplus population, the falling rate of capital and the turnover of capital. After proving Marxian propositions in a rigorous way, he argues that in order to combine Marx's model with von Neumann's in a new growth theory it is necessary to abandon the labour theory of value. Professor Morishima feels that this sacrifice is well worth making, because it enables Marxian economics to be integrated with orthodox theory into a new Marx-von Neumann theory of growth, and this to make an important contribution to the development of the subject.