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A Mathematical Approach To Marxian Value Theory
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Book Synopsis A Mathematical Approach to Marxian Value Theory by : Dong-Min Rieu
Download or read book A Mathematical Approach to Marxian Value Theory written by Dong-Min Rieu and published by Springer Nature. This book was released on 2022-07-20 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book clarifies the quantitative relationship between time, money, and labor productivity from the perspective of Marxian labor theory of value. The book is divided into four main parts. Part I introduces the relationship between time and money in the context of Marxian value theory. Part II explores the theory of labor exploitation. Part III turns to analysis of the rate of profit, which is a primary characteristic of classical and Marxian economics. Part IV is devoted to suggesting a new research direction in light of the main conceptual innovation of the book.
Book Synopsis A Mathematical Approach to Marxian Value Theory by : Dong-Min Rieu
Download or read book A Mathematical Approach to Marxian Value Theory written by Dong-Min Rieu and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Professor Dong-Min Rieu is a brilliant Korean Marxian economist. His contributions to the theory of value were highly evaluated and published globally in journals such as Review of Radical Political Economics, Journal of the History of Economic Thought, and Japanese Political Economy Quarterly, besides Korean Marxism 21. They endeavor to clarify the quantitative relation among labor, time and money in the value theory as an essential foundation for Marxism today. We can enjoy their essence collected in this volume as well as the author's attempt to apply it to capitalism in our age by criticizing Piketty among others." -Makoto Itoh, Professor Emeritus, The University of Tokyo, Japan This book clarifies the quantitative relationship between time, money, and labor productivity from the perspective of Marxian labor theory of value. The book is divided into four main parts. Part I introduces the relationship between time and money in the context of Marxian value theory. Part II explores the theory of labor exploitation. Part III turns to analysis of the rate of profit, which is a primary characteristic of classical and Marxian economics. Part IV is devoted to suggesting a new research direction in light of the main conceptual innovation of the book. Dong-Min Rieu is Professor of Economics at Chungnam National University, Korea, where he teaches Marxian economics and history of economic thought.
Book Synopsis Money and Totality by : Fred Moseley
Download or read book Money and Totality written by Fred Moseley and published by BRILL. This book was released on 2015-09-29 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx’s logical method in Capital, based on substantial textual evidence, which emphasises two main points: (1) Marx’s theory is primarily a macroeconomic theory of the total surplus-value produced in the economy as a whole; and (2) Marx’s theory is a monetary theory from beginning to end and the circuit of money capital – M - C - M’ – is the logical framework of Marx’s theory. It follows from this 'macro-monetary' interpretation that, contrary to the prevailing view, there is no 'transformation problem' in Marx’s theory; i.e., Marx did not 'fail to transform the inputs of constant capital and variable capital' in his theory of prices of production in Part 2 of Volume III.
Book Synopsis Marx’s Theory of Value in Chapter 1 of Capital by : Fred Moseley
Download or read book Marx’s Theory of Value in Chapter 1 of Capital written by Fred Moseley and published by Springer Nature. This book was released on 2023-05-11 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1 is the most important chapter in Capital, as well as the most difficult and the most controversial. An influential interpretation of Chapter 1 in recent decades has been the so-called “value-form interpretation” of Marx’s theory in general and Chapter 1 in particular. The most important proponent of the value-form interpretation today, both in Germany and in the English-speaking world, is Michael Heinrich, and Heinrich’s work has emphasized the first chapter. Heinrich’s latest book in English is a detailed commentary of the first seven chapters of Volume 1 of Capital. The publication of an English translation of Heinrich’s book is an important event in Marxian scholarship and it is important to critically engage with this important book in order to advance our understanding of this critical foundational chapter. This book emphasizes the quantitative issue of whether the magnitude of value and socially necessary labour-time are determined in production or also depend on exchange and demand, which has been the main issue in the controversy over the value-form interpretation.
Book Synopsis Marx's Economics by : Michio Morishima
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.
Book Synopsis The Logic of Capital by : Deepankar Basu
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 Synopsis Value, Exploitation and Growth by : Michio Morishima
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:
Book Synopsis The Value of Marx by : Alfredo Saad Filho
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 Synopsis Japanese Discourses on the Marxian Theory of Finance by : Kei Ehara
Download or read book Japanese Discourses on the Marxian Theory of Finance written by Kei Ehara and published by Springer Nature. This book was released on 2022-02-02 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume traces the development of the Marxian theory of finance in Japan. Japanese Marxists have long been engaged in this field of study, yet their achievements are hardly known in other languages. Japanese Discourses on the Marxian Theory of Finance brings together in English for the first time six core essays essential to the understanding of the history and development of Japanese Marxian economics. Part I considers the so-called Uno-Miyake debate, which shaped the direction of the research in postwar Japan. Part II includes the three core essays influenced by Uno, including an essay by Shigekatsu Yamaguchi, who introduced a new method to systematically deal with “credit creation” which must be duly taken into consideration if scholars are to analyze today’s “financialization." Finally, the last two essays follow from Yamaguchi’s influential theory to consider the relation of banking with the capital market to complete the theory of finance in Marxian economics.
Book Synopsis Reclaiming Marx's Capital by : Andrew Kliman
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 Synopsis A Theory of Housing Provision under Capitalism by : Mike Berry
Download or read book A Theory of Housing Provision under Capitalism written by Mike Berry and published by Springer Nature. This book was released on 2023-04-20 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the first coherent Marxist analysis of the central importance of housing in the social reproduction of capitalism as a whole. Rather than consigning housing to the sidelines, Berry argues that the circulation of capital and revenues though housing and the built environment helps explain how the capital-labour relation constrains housing outcomes while also being reproduced on an extended scale. He shows how housing is provided by the intervention of building, property and interest-bearing capital fractions; how the land question can be explained by a theory of urban land rent, drawing on Marx's categories of differential and monopoly rent; how housing is vital to the extended reproduction of labour power, while also creating a semi-separate sphere of 'home' in which gender and demographic factors overlay and accentuate social class position. The modes, impact and drivers of state intervention in housing provision are seen to modify the patterns and pace of capital circulation through housing and the urban built environment with implications for shifts in class fragmentation and power relations.
Book Synopsis Karl Marx's Writings on Alienation by : Marcello Musto
Download or read book Karl Marx's Writings on Alienation written by Marcello Musto and published by Springer Nature. This book was released on 2021-05-07 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of alienation occupies a significant place in the work of Marx and has long been considered one of his main contributions to the critique of bourgeois society. Many authors who have written on this concept over the 20th century have erroneously based their interpretations on Marx’s early writings. In this anthology, by contrast, Marcello Musto has concentrated his selection on the most relevant pages of Marx’s later economic works, in which his thoughts on alienation were far more extensive and detailed than those of the early philosophical manuscripts. Additionally, the writings collated in this volume are unique in their presentation of not only Marx’s critique of capitalism, but also his description of communist society. This comprehensive rediscovery of Marx’s ideas on alienation provides an indispensable critical tool for both understanding the past and the critique of contemporary society.
Book Synopsis The Concept of the Individual in the Thought of Karl Marx by : Zhi Li
Download or read book The Concept of the Individual in the Thought of Karl Marx written by Zhi Li and published by Springer Nature. This book was released on 2023-04-08 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reconstructs the concept of the individual in Marx as the key to a fresh interpretation of Marxian philosophy. Marx moved from an examination of the contingency and indeterminacy of individual consciousness in his early years to a critique of the atomistic individual and materialised social relations in his later years. His thought proposes that ‘real individuals’ are the basis for an understanding of human society that promotes the emancipation of humankind. Marx’s philosophy has often been misunderstood as lacking a concept of the individual. In China, this misunderstanding not only relates to cultural and linguistic particularities (the word ‘individual’ is seldom used in Chinese), but also relates to a misleading view of socialism and communism. This book helps remedy this misunderstanding and draws important comparisons and contrasts between Marx’s concept of the individual with that of liberalism, and between Western and Eastern Marxism.
Book Synopsis Marx's Russian Moment by : Vesa Oittinen
Download or read book Marx's Russian Moment written by Vesa Oittinen and published by Springer Nature. This book was released on 2023-05-17 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses Marx’s relations with Russia, which have always been ambivalent. In his youth, and indeed a good way into the 1860s, Marx might even be called a “Russophobe.” Around 1870, however, his views on Russia undergo a change; he becomes acquainted with a new kind of Russian radical and revolutionary movement and begins to study Russian. It becomes clear that Marx begins to feel that Russia is some kind of a “touchstone” for his theories. Offering a new and original interpretation of Marx’s theoretical development, Marx’s Russian Moment analyzes the following themes: Marx’s concept of ideology (as developed in the German Ideology) and its fortunes in Russia; Marx’s encounter with Bakunin and Russian nihilism; Marx’s and Engels’s studies of primitive societies; Engels’s views of the developmental perspectives of small Slavic nations; and Marx’s views on Finland, the Russian Grand Duchy. Considering these topics as “case studies,” Oittinen argues that Marx’s encounter with Russia substantially influenced Marx’s (and Engels’s) views not just on current political and economic matters but also on a philosophical and methodological level.
Book Synopsis Marxism and Philosophy of Praxis by : Marcello Mustè
Download or read book Marxism and Philosophy of Praxis written by Marcello Mustè and published by Springer Nature. This book was released on 2021-08-06 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will offer a full reconstruction of the history of Theoretical Marxism in Italy between 1895 and 1935, based on a rigorous philological method. The starting term (1895) is marked by the publication of Antonio Labriola's first essay on historical materialism (In memory of Communist Manifesto); the final term coincides with the conclusion of the "Prison Notebooks" written by Antonio Gramsci. This book analyses the original character of the Marxist philosophy in Italy, which emerged by distinguishing itself from the "orthodoxy" of the Second and Third International. By delineating a significant chapter in the history of Marxism, the book will also propose a specific contribution to the history of Italian Philosophy, which is here studied in relation to the developments of European philosophy, beyond the traditional subdivisions of Positivism, Idealism and Marxism.
Book Synopsis Truth and Revolution in Marx's Critique of Society by : Matthias Bohlender
Download or read book Truth and Revolution in Marx's Critique of Society written by Matthias Bohlender and published by Springer Nature. This book was released on 2023-01-31 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with a central aspect of Marx’s critique of society that is usually not examined further since it is taken as a matter of course: its scientific claim of being true. But what concept of truth underlies his way of reasoning which attempts to comprehend the social and political circumstances in terms of the possibility of their practical upheaval? In three studies focusing specifically on the development of Marx’s scientific critique of capitalist society, his journalistic commentaries on European politics, and his reflections on the organisation of revolutionary subjectivity, the authors carve out the immanent relation between the scientifically substantiated claim to truth and the revolutionary perspective in Marxʼs writings. They argue that Marx does not grasp the world ‘as it is’ but conceives it as an inverted state which cannot remain what it is but generates the means by which it can eventually be overcome. This is not something to be taken lightly: Such a concept has theoretical, political and even violent consequences—consequences that nevertheless derive neither from a subjective error nor a contamination of an otherwise ‘pure’ science. By analyzing Marx’s concept of truth the authors also attempt to shed light on a pivotal problematique of any modern critique of society that raises a reasoned claim of being true.
Book Synopsis The Rise and Fall of Communist Parties in France and Italy by : Marco Di Maggio
Download or read book The Rise and Fall of Communist Parties in France and Italy written by Marco Di Maggio and published by Springer Nature. This book was released on 2020-12-19 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the dynamics through which the two major communist parties of the capitalist world—which in the 1970s had great influence on their respective national political contexts since the 1980s are increasing their marginality and, although in different forms and with different timeframes are unable to stem the decline of their political and cultural influences on the working classes.
