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Author: Ronald L. Meek Publisher: NYU Press ISBN: 0853454280 Category : Business & Economics Languages : en Pages : 383
Book Description
This pioneering survey of the development of the “labor theory of value,” advances Marxian economic categories for contemporary conditions.
Author: Ronald L. Meek Publisher: NYU Press ISBN: 0853454280 Category : Business & Economics Languages : en Pages : 383
Book Description
This pioneering survey of the development of the “labor theory of value,” advances Marxian economic categories for contemporary conditions.
Author: Theodore Mariolis Publisher: Springer Nature ISBN: 981336260X Category : Business & Economics Languages : en Pages : 512
Book Description
This book develops a unified treatment of the income distribution–capital–value problems with respect to actual economies, and then gradually turns to the issues of effective demand and capitalist accumulation fluctuations from both political economy and economic policy perspectives. That treatment, on the one hand, places produced means of production, positive profits, and capital accumulation at the centre of the analysis and, on the other hand, is analytically based on the modern control theory. Hence, the authors’ investigation is concerned with input–output representations of actual single and joint production, heterogeneous labour, and open economies; zeroes in on the characteristic value distributions of the system matrices; and, finally, derives meaningful theoretical results consistent with the empirical evidence, and vice versa. The main topics addressed are the uncontrollable/unobservable aspects of the real-world economies, the powerful low-order spectral approximations and reconstructions of the inter-industry structure of production–value–distributive variables relationships, the critical-constructive appraisal of both “mainstream” and “radical” theories of value, the matrix demand multipliers and demand-switching policies in heterogeneous capital worlds, and the circular inter-actions amongst income distribution, effective demand, accumulation, and technical conditions of production. Written on the occasion of the 60th anniversary of the publication of both Piero Sraffa’s Production of Commodities by Means of Commodities and Rudolf E. Kalman’s paper “On the general theory of control systems”, this book provides a consistent and comprehensive framework for theoretical, empirical, and economic policy research.
Author: Deshun Li Publisher: Springer ISBN: 9783642441509 Category : Philosophy Languages : en Pages : 0
Book Description
Humankind’s progress has always been driven by two momentums: the pursuit of truth and the creation of value. But our understanding of value, and our ability to reflect on its complexity, has long lagged behind our constant search for truth. This has, in turn limited our grasp of the essence of truth. This book takes philosophical contemplations on value to a new level, while also explicating some contemporary Chinese styles of philosophical thought. Over the past 25 years, this book has been having an increasing impact on Chinese readers and researchers, and it also provides a good platform for international dialogue on several key issues of philosophical studies.
Author: Isaak Ilʹich Rubin Publisher: ISBN: 9780919618114 Category : Business & Economics Languages : en Pages : 324
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: John B Davis Publisher: Routledge ISBN: 1134633467 Category : Business & Economics Languages : en Pages : 366
Book Description
The concept of the individual and his/her motivations is a bedrock of philosophy. All strands of thought at heart come down to a particular theory of the individual. Economics, though, is guilty of taking this hugely important concept without questioning how we theorise it. This superb book remedies this oversight.The new approach put forward by Da
Author: Robert Bryer Publisher: Lexington Books ISBN: 1498536077 Category : Business & Economics Languages : en Pages : 333
Book Description
Many scholars discuss Marx’s Capital from many perspectives, but Accounting for Value uniquely advances and defends an ‘accounting interpretation’ of his theory of value, that he used it to explain capitalists’ accounts. It confirms and builds on the Temporal Single-System Interpretation’s refutation of the charge that Marx’s illustration of the ‘transformation from values to prices’ is inconsistent, and its defense of his ‘Law of the Tendential Fall in the Rate of Profit’. It rejects other interpretations by showing that only a ‘temporal’, ‘single-system’ interpretation is consistent with Marx’s accounting. The book shows that Marx became seriously interested in accounts from the late 1850s during an important period in the development of his critique of political economy, asking Engels for information and explanations. Examining their letters in the context of Marx’s evolving work, it argues, supports the hypothesis that discovering he could explain them with his theory of value gave him the breakthrough he needed to decide how to present his work and explains why, in 1862, he decided to change its title to Capital. Marx’s explanations of capitalist accounting, it concludes, amount to an ‘accounting theory’ that explains how individual capitalists and the capital market use what is, for many, the ‘invisible hand’ of accounting to control the production and distribution of surplus value. Marx claimed his theory of value was a work of ‘science’, a critique of political economy that would deliver a ‘theoretical blow’ from which the bourgeoisie would ‘never recover’. He failed, critics argue, because his critique depends on hypothetical entities, which we cannot directly observe, such as ‘value’ and ‘abstract labour’, ‘surplus value’, which means his theory is not open to empirical refutation. The book, however, argues that he used his theory of value to explain the ‘phenomenal forms’ of ‘profit’, ‘rate of profit’, etc., by explaining the observable accounting principles and practices capitalists use to calculate and control them, in which, as he said, we can ‘glimpse’ the determination of value by socially necessary labor time, which experience could have refuted.
Author: Eugen von Böhm-Bawerk Publisher: Jazzybee Verlag ISBN: Category : Business & Economics Languages : en Pages : 476
Book Description
Von Boehm-Bawerk is one of the leading economists of the so-called Austrian school. With Karl Menger and others, he has contributed to the development of a theory of value which has received wide acceptance, and has been the cause of still wider discussion, in the economic world. This theory, as elaborated by Boehm von Bawerk, is based largely upon psychological principles. Its chief feature consists in a searching analysis of ‘subjective value.’ In his “Capital and Interest”, the author makes a brilliant and original study of these two subjects. “The Positive Theory of Capital” is the successor to the work mentioned above.
Author: Ronald L. Meek
Author: Ronald L. Meek
Author: Nicholas Georgescu-Roegen
Author: Theodore Mariolis
Author: Deshun Li
Author: Deirdre N. McCloskey
Author: Isaak Ilʹich Rubin
Author: John B Davis
Author: Adam Smith
Author: Robert Bryer
Author: Eugen von Böhm-Bawerk