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Marxs Labor Theory Of Value
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Book Synopsis Labour and Value: Rethinking Marx’s Theory of Exploitation by : Ernesto Screpanti
Download or read book Labour and Value: Rethinking Marx’s Theory of Exploitation written by Ernesto Screpanti and published by Open Book Publishers. This book was released on 2019-10-09 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book Ernesto Screpanti provides a rigorous examination of Marx’s theory of exploitation, one of the cornerstones of Marxist thought. With precision and clarity, he identifies the holes in traditional readings of Marx’s theory before advancing his own original interpretation, drawing on contemporary philosophy and economic theory to provide a refreshingly interdisciplinary exegesis. Screpanti’s arguments are delivered with perspicuity and verve: this is a book that aims to spark a debate. He exposes ambiguities present in Marx’s exposition of his own theory, especially when dealing with the employment contract and the notions of ‘abstract labor’ and ‘labor value’, and he argues that these ambiguities have given rise to misunderstandings in previous analyses of Marx’s theory of exploitation. Screpanti’s own interpretation is a meticulously argued counterpoint to these traditional interpretations. Labour and Value is a significant contribution to the theory of economics, particularly Marxist economics. It will also be of great interest to scholars in other disciplines including sociology, political science, and moral and political philosophy. Screpanti’s clear and engaging writing style will attract the interested general reader as well as the academic theorist.
Book Synopsis Marx's Labor Theory of Value by : Hayashi Hiroyoshi
Download or read book Marx's Labor Theory of Value written by Hayashi Hiroyoshi and published by iUniverse. This book was released on 2005 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Marx's ideas have been declared "dead" on more than one occasion, only to emerge with new relevance a few years later. But the "collapse of communism" seemed to be the final nail in his coffin. The end of history had been reached, we were told, and poor old Karl was wrong. -- Or was he? In Marx's Labor Theory of Value: A Defense, Hayashi Hiroyoshi argues that Marx will continue to be relevant as long as capitalism continues to exist. This is simply because no one grasped the nature of capitalism on a more profound level than Marx did. Hayashi presents the most fundamental aspects of Marxist economic thought, centering on the discussion of the commodity at the beginning of Capital. Also included are detailed examinations of Adam Smith's theory of value and the concepts of ground-rent, credit, and productive labor. Hayashi shows that Marx's labor theory of value is the key not only to understanding capitalism but also for grasping the essential characteristics of socialism. And socialism--as the real solution to the contradictions of capitalism--turns out to have little in common with the recently deceased "communist" states. Now that history has resumed--after its brief "hiatus"--it's time to return to Marx!
Book Synopsis An Inquiry Into the Nature and Causes of the Wealth of Nations by : Adam Smith
Download or read book An Inquiry Into the Nature and Causes of the Wealth of Nations written by Adam Smith and published by . This book was released on 1822 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A People's Guide to Capitalism by : Hadas Thier
Download or read book A People's Guide to Capitalism written by Hadas Thier and published by Haymarket Books. This book was released on 2018-06-02 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lively, accessible, and timely guide to Marxist economics for those who want to understand and dismantle the world of the 1%. Economists regularly promote Capitalism as the greatest system ever to grace the planet. With the same breath, they implore us to leave the job of understanding the magical powers of the market to the “experts.” Despite the efforts of these mainstream commentators to convince us otherwise, many of us have begun to question why this system has produced such vast inequality and wanton disregard for its own environmental destruction. This book offers answers to exactly these questions on their own terms: in the form of a radical economic theory. “Thier’s urgently needed book strips away jargon to make Marx’s essential work accessible to today’s diverse mass movements.” —Sarah Leonard, contributing editor to The Nation “A great book for proletarian chain-breaking.” —Rob Larson, author of Bit Tyrants: The Political Economy of Silicon Valley “Thier unpacks the mystery of capitalist inequality with lucid and accessible prose . . . . We will need books like A People’s Guide to help us make sense of the root causes of the financial crises that shape so many of our struggles today.” —Keeanga-Yamahtta Taylor, author of Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership “Ranging from exploitation at work to the operations of modern finance, this book takes the reader through a fine-tuned introduction to Marx’s analysis of the modern economy . . . . Thier combines theoretical explanation with contemporary examples to illuminate the inner workings of capitalism . . . . Reminds us of the urgent need for alternatives to a crisis-ridden system.” —David McNally, author of Blood and Money
Book Synopsis Three Essays on Marx’s Value Theory by : Samir Amin
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.
Book Synopsis The Labour Theory of Value in Karl Marx by : Horace William Brindley Joseph
Download or read book The Labour Theory of Value in Karl Marx written by Horace William Brindley Joseph and published by . This book was released on 1923 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book has arisen out of a course of lectures originally delivered, under the title of Justice and wages, in 1913"--Preface.
Book Synopsis Essays on Marx's Theory of Value by : Isaak Ilʹich Rubin
Download or read book Essays on Marx's Theory of Value written by Isaak Ilʹich Rubin and published by . This book was released on 1973 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Marx's Labor Theory of Value by : Roy West
Download or read book Marx's Labor Theory of Value written by Roy West and published by iUniverse. This book was released on 2005-03-29 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Marx's ideas have been declared 'dead" on more than one occasion, only to emerge with new relevance a few years later. But the 'collapse of communism" seemed to be the final nail in his coffin. The end of history had been reached, we were told, and poor old Karl was wrong. - Or was he? In "Marx's Labor Theory of Value: A Defense, " Hayashi Hiroyoshi argues that Marx will continue to be relevant as long as capitalism continues to exist. This is simply because no one grasped the nature of capitalism on a more profound level than Marx did. Hayashi presents the most fundamental aspects of Marxist economic thought, centering on the discussion of the commodity at the beginning of "Capital." Also included are detailed examinations of Adam Smith's theory of value and the concepts of ground-rent, credit, and productive labor. Hayashi shows that Marx's labor theory of value is the key not only to understanding capitalism but also for grasping the essential characteristics of socialism. And socialism-as the real solution to the contradictions of capitalism-turns out to have little in common with the recently deceased 'communist" states. Now that history has resumed-after its brief 'hiatus"-it's time to return to Marx!
Book Synopsis Studies in the Labor Theory of Value by : Ronald L. Meek
Download or read book Studies in the Labor Theory of Value written by Ronald L. Meek and published by NYU Press. This book was released on 1956 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pioneering survey of the development of the “labor theory of value,” advances Marxian economic categories for contemporary conditions.
Book Synopsis Breaking Things at Work by : Gavin Mueller
Download or read book Breaking Things at Work written by Gavin Mueller and published by Verso Books. This book was released on 2021-02-09 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Nineteenth-century, English textile workers responded to the introduction of new technologies on the factory floor by smashing them to bits. For years the Luddites roamed the English countryside, practicing drills and manoeuvres that they would later deploy on unsuspecting machines. The movement has been derided by scholars as a backwards-looking and ultimately ineffectual effort to stem the march of history; for Gavin Mueller, the movement gets at the heart of the antagonistic relationship between all workers, including us today, and the so-called progressive gains secured by new technologies. The luddites weren't primitive and they are still a force, however unconsciously, in the workplaces of the twenty-first century world. Breaking Things at Work is an innovative rethinking of labour and machines, leaping from textile mills to algorithms, from existentially threatened knife cutters of rural Germany to surveillance-evading truckers driving across the continental United States. Mueller argues that the future stability and empowerment of working-class movements will depend on subverting these technologies and preventing their spread wherever possible. The task is intimidating, but the seeds of this resistance are already present in the neo-Luddite efforts of hackers, pirates, and dark web users who are challenging surveillance and control, often through older systems of communication technology.
Book Synopsis Understanding Capital by : Duncan K. Foley
Download or read book Understanding Capital written by Duncan K. Foley and published by . This book was released on 1986-11-13 with total page 1302 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. All of the topics in the three volumes of Capital are included, providing the reader with a complete view of Marxist economics. Foley begins with a helpful discussion of philosophical problems readers often encounter in tackling Marx, including questions of epistemology, explanation, prediction, determinism, and dialectics. In an original extension of theory, he develops the often neglected concept of the circuit of capital to analyze Marx’s theory of the reproduction of capital. He also takes up central problems in the capitalist economy: equalization of the rates of profit (the “transformation problem”); productive and unproductive labor and the division of surplus value; and the falling rate of profit. He concludes with a discussion of the theory of capitalist crisis and of the relation of Marx’s critique of capitalism to his conception of socialism. Through a careful treatment of the theory of money in relation to the labor theory of value, Foley clarifies the relation of prices to value and of Marx’s categories of analysis to conventional business and national income accounts, enabling readers to use Marx’s theory as a tool for the analysis of practical problems. The text is closely keyed throughout to the relevant chapters in Capital and includes suggestions for further reading on the topics discussed.
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 186 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?”
Book Synopsis Marx and Living Labour by : Laurent Baronian
Download or read book Marx and Living Labour written by Laurent Baronian and published by Routledge. This book was released on 2013-05-29 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: From his early economic works on, Marx conceived the labour of any kind of society as a set of production activities and analysed the historical modes of production as specific ways of distributing and exchanging these activities. Political economy on the contrary considers the labour only under the form of its product, and the exchange of products as commodities as the unique form of social labour exchange. For Marx, insofar as the labour creating value represents a specific mode of exchanging the society's living labour, general and abstract labour cannot not only be defined as the substance or measure unit of the commodity, as in Smith or Ricardo, but foremost as an expense of living labour, i.e. of nerves, muscles, brain, etc. Hence the twofold nature of living labour, as a concrete activity producing a use value and an expense of human labour in general producing exchange value. Marx himself claimed that this twofold nature of labour creating value was its main and most important contribution to economic science. This book aims at showing how both determines the original categories and economic laws in Capital and constitutes the profound innerspring of Marx's critique of political economy. The role and function of living labour is highlighted by dealing with the difference between Marx and Classics' theories of labour value; money and the problems of its integration in economic analysis, especially in Keynes; the transition from feudalism to capitalism; the theory of capital through a discussion on the Cambridge controversy and the transformation problem; the labour process and the principles of labour management; unemployment and overpopulation; the formulas of capital in the history of economic thought; finally, an interpretation of the current crisis based on Marx's conception of overaccumulation and speculation after having distinguished it from underconsumption and stagnation theories of crises.
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, and concludes that, contrary to the prevailing view, there is no 'transformation problem' in Marx’s theory of prices of production in Volume III.
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 The Labour Theory of Value by : Peter C. Dooley
Download or read book The Labour Theory of Value written by Peter C. Dooley and published by Routledge. This book was released on 2005-05-24 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the origins and development of the labour theory of value, Peter Dooley examines its emergence from the natural law philosopher of the sixteenth and seventeenth century and its domination of the classical school of economics. This book will prove to be essential reading for all students of the history of economics.
Book Synopsis Wage-Labour and Capital by : Karl Marx
Download or read book Wage-Labour and Capital written by Karl Marx and published by Wildside Press LLC. This book was released on 2008-04-01 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains an English translation of Karl Marx's influential essay.
