Marx's Economics

Klappentext Professor Morishima concentrates on the three volumes of Das Kapital and their contributions to the major topics of traditional Marxian economics. Zusammenfassung Professor Morishima concentrates on the three volumes of Das Kapital and their contributions to the major topics of traditional Marxian economics. Morishima 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. An important contribution to the development of the subject. Inhaltsverzeichnis Preface; Introduction; Part I. The Labour Theory of Value: 1. Dual definition of value; 2. Hidden assumptions; 3. Quantitative determination of relative value; 4. Value, use-value and exchange-value; Part II. The Theory of Exploitation: 5. Surplus value and exploitation; 6. The rate of profit; Part III. The Transformation Problem: 7. The static transformation problem; 8. The aggregation problem; Part IV. The Reproduction Scheme: 9. Simple reproduction; 10. Extended reproduction; 11. The reserve army and the falling rate of profit; 12. The dynamic transformation problem; Part V. Capital and Value: 13. The turnover of capital; 14. The labour theory of value revisited; Index.

Product details

• Authors: Michio Morishima, Morishima, M. Morishima
• Publisher: External catalogues UK
• Content: Book
• Product form: Paperback / Softback
• Publication date: 17.11.2009
• Subject: Social sciences, law, business > Political science > Political science and political education
• EAN: 9780521293037
• ISBN: 978-0-521-29303-7
• Subjects: BUSINESS & ECONOMICS / Economics / Theory; Economic theory & philosophy; Economic theory and philosophy