Modern Imperialism Monopoly Finance Capital And Marxs Law Of Value

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Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value

Author : Samir Amin
Publisher : NYU Press
ISBN 13 : 1583676570
Total Pages : 248 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value by : Samir Amin

Download or read book Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value written by Samir Amin and published by NYU Press. This book was released on 2018-02-22 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The complete collection of Samir Amin's work on Marxism value theory Unlike such obvious forms of oppression as feudalism or slavery, capitalism has been able to survive through its genius for disguising corporate profit imperatives as opportunities for individual human equality and advancement. But it was the genius of Karl Marx, in his masterwork, Capital, to discover the converse law of surplus value: behind the illusion of the democratic, supply-and-demand marketplace, lies the workplace, where people trying to earn a living are required to work way beyond the time it takes to pay their wages. Leave it to the genius of Samir Amin to advance Marx's theories—adding to them the work of radical economists such as Michal Kalecki, Josef Steindl, Paul Baran, and Paul Sweezy—to show how Marxian theory can be adapted to modern economic conditions. Amin extends Marx's analysis to describe a concept of “imperialist rent” derived from the radically unequal wages paid for the same labor done by people in both the Global North and the Global South, the rich nations and the poor ones. This is global oligopolistic capitalism, in which finance capital has come to dominate worldwide production and distribution. Amin also advances Baran and Sweezy’s notion of economic surplus to explain a globally monopolized system in which Marx's “law of value” takes the form of a “law of globalized value,” generating a super-exploitation of workers in the Global South. Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value offers readers, in one volume, the complete collection of Samir Amin’s work on Marxian value theory. The book includes texts from two of Amin's recent works, Three Essays on Marx’s Value Theory and The Law of Worldwide Value, which have provoked considerable controversy and correspondence. Here, Amin answers his critics with a series of letters, clarifying and developing his ideas. This work will occupy an important place among the theoretical resources for anyone involved in the study of contemporary Marxian economic and political theory.

Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value

Author : Samir Amin
Publisher :
ISBN 13 : 9781583676585
Total Pages : 149 pages
Book Rating : 4.6/5 (765 download)

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Book Synopsis Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value by : Samir Amin

Download or read book Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value written by Samir Amin and published by . This book was released on 2018 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Unlike such obvious forms of oppression as feudalism or slavery, capitalism has been able to survive through its genius for disguising corporate profit imperatives as opportunities for individual human equality and advancement. But it was the genius of Karl Marx, in his masterwork, Capital, to discover the converse law of surplus value: behind the illusion of the democratic, supply-and-demand marketplace, lies the workplace, where people trying to earn a living are required to work way beyond the time it takes to pay their wages. Leave it to the genius of Samir Amin to advance Marx's theories—adding to them the work of radical economists such as Michal Kalecki, Josef Steindl, Paul Baran, and Paul Sweezy—to show how Marxian theory can be adapted to modern economic conditions. Amin extends Marx's analysis to describe a concept of “imperialist rent” derived from the radically unequal wages paid for the same labor done by people in both the Global North and the Global South, the rich nations and the poor ones. This is global oligopolistic capitalism, in which finance capital has come to dominate worldwide production and distribution. Amin also advances Baran and Sweezy’s notion of economic surplus to explain a globally monopolized system in which Marx's “law of value” takes the form of a “law of globalized value,” generating a super-exploitation of workers in the Global South. Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value offers readers, in one volume, the complete collection of Samir Amin’s work on Marxian value theory. The book includes texts from two of Amin's recent works, Three Essays on Marx’s Value Theory and The Law of Worldwide Value, which have provoked considerable controversy and correspondence. Here, Amin answers his critics with a series of letters, clarifying and developing his ideas. This work will occupy an important place among the theoretical resources for anyone involved in the study of contemporary Marxian economic and political theory. "--

Imperialism and the development myth

Author : Sam King
Publisher : Manchester University Press
ISBN 13 : 1526159007
Total Pages : 277 pages
Book Rating : 4.5/5 (261 download)

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Book Synopsis Imperialism and the development myth by : Sam King

Download or read book Imperialism and the development myth written by Sam King and published by Manchester University Press. This book was released on 2021-09-07 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: China and other Third World societies cannot 'catch up' with the rich countries. The contemporary world system is permanently dominated by a small group of rich countries who maintain a vice-like grip over the key parts of the labour process – over the most technologically sophisticated and complex labour. Globalisation of production since the 1980s means much more of the world’s work is now carried out in the poor countries, yet it is the rich, imperialist countries – through their domination of the labour process – that monopolise most of the benefits. Income levels in the First World remain five and ten times higher than Third World countries. The huge gulf between rich and poor worlds is getting bigger not smaller. Under capitalist imperialism, it is permanent. China has moved from being one of the poorest societies to a level now similar with other relatively developed Third World societies – like Mexico and Brazil. The dominant idea that it somehow threatens to ‘catch up’ economically, or overtake the rich countries paves the way for imperialist military and economic aggression against China. King’s meticulous study punctures the rising-China myth. His empirical and theoretical analysis shows that, as long as the world economy continues to be run for private profit, it can no longer produce new imperialist powers. Rather it will continue to reproduce the monopoly of the same rich countries generation after generation. The giant social divide between rich and poor countries cannot be overcome.

The Theory of Monopoly Capitalism

Author : John Bellamy Foster
Publisher : NYU Press
ISBN 13 : 1583674535
Total Pages : 320 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis The Theory of Monopoly Capitalism by : John Bellamy Foster

Download or read book The Theory of Monopoly Capitalism written by John Bellamy Foster and published by NYU Press. This book was released on 2014-04-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1966, Paul Baran and Paul Sweezy published Monopoly Capital, a monumental work of economic theory and social criticism that sought to reveal the basic nature of the capitalism of their time. Their theory, and its continuing elaboration by Sweezy, Harry Magdoff, and others in Monthly Review magazine, infl uenced generations of radical and heterodox economists. They recognized that Marx’s work was unfi nished and itself historically conditioned, and that any attempt to understand capitalism as an evolving phenomenon needed to take changing conditions into account. Having observed the rise of giant monopolistic (or oligopolistic) fi rms in the twentieth century, they put monopoly capital at the center of their analysis, arguing that the rising surplus such fi rms accumulated—as a result of their pricing power, massive sales efforts, and other factors—could not be profi tably invested back into the economy. Absent any “epoch making innovations” like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnation—a condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or “accumulation on a world scale,” overlapping with the path-breaking work of Samir Amin in particular. John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezy’s Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered “lost” chapters from Monopoly Capital and correspondence between Baran and Sweezy. It also discusses Magdoff and Sweezy’s analysis of the fi nancialization of the economy in the 1970s, ‘80s, and ‘90s, leading up to the Great Financial Crisis of the opening decade of this century. Foster presents and develops the main arguments of monopoly capital theory, examining its key exponents, and addressing its critics in a way that is thoughtful but rigorous, suspicious of dogma but adamant that the deep-seated problems of today’s monopoly-fi nance capitalism can only truly be solved in the process of overcoming the system itself.

Imperialism

Author : Vladimir Lenin
Publisher : Ravenio Books
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4./5 ( download)

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Book Synopsis Imperialism by : Vladimir Lenin

Download or read book Imperialism written by Vladimir Lenin and published by Ravenio Books. This book was released on 1939 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pamphlet here presented to the reader was written in the spring of 1916, in Zurich. In the conditions in which I was obliged to work there I naturally suffered somewhat from a shortage of French and English literature and from a serious dearth of Russian literature. However, I made use of the principal English work on imperialism, the book by J. A. Hobson, with all the care that, in my opinion, work deserves. This pamphlet was written with an eye to the tsarist censorship. Hence, I was not only forced to confine myself strictly to an exclusively theoretical, specifically economic analysis of facts, but to formulate the few necessary observations on politics with extreme caution, by hints, in an allegorical language—in that accursed Aesopian language—to which tsarism compelled all revolutionaries to have recourse whenever they took up the pen to write a “legal” work. It is painful, in these days of liberty, to re-read the passages of the pamphlet which have been distorted, cramped, compressed in an iron vice on account of the censor. That the period of imperialism is the eve of the socialist revolution; that social-chauvinism (socialism in words, chauvinism in deeds) is the utter betrayal of socialism, complete desertion to the side of the bourgeoisie; that this split in the working-class movement is bound up with the objective conditions of imperialism, etc.—on these matters I had to speak in a “slavish” tongue, and I must refer the reader who is interested in the subject to the articles I wrote abroad in 1914-17, a new edition of which is soon to appear. In order to show the reader, in a guise acceptable to the censors, how shamelessly untruthful the capitalists and the social-chauvinists who have deserted to their side (and whom Kautsky opposes so inconsistently) are on the question of annexations; in order to show how shamelessly they screen the annexations of their capitalists, I was forced to quote as an example—Japan! The careful reader will easily substitute Russia for Japan, and Finland, Poland, Courland, the Ukraine, Khiva, Bokhara, Estonia or other regions peopled by non-Great Russians, for Korea. I trust that this pamphlet will help the reader to understand the fundamental economic question, that of the economic essence of imperialism, for unless this is studied, it will be impossible to understand and appraise modern war and modern politics.

The Value of Marx

Author : Alfredo Saad Filho
Publisher : Routledge
ISBN 13 : 1134566972
Total Pages : 190 pages
Book Rating : 4.1/5 (345 download)

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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.

Imperialism in the Twenty-First Century

Author : John Smith
Publisher : NYU Press
ISBN 13 : 1583675795
Total Pages : 383 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis Imperialism in the Twenty-First Century by : John Smith

Download or read book Imperialism in the Twenty-First Century written by John Smith and published by NYU Press. This book was released on 2016-01-22 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the first Paul A. Baran-Paul M. Sweezy Memorial Award for an original monograph concerned with the political economy of imperialism, John Smith's Imperialism in the Twenty-First Century is a seminal examination of the relationship between the core capitalist countries and the rest of the world in the age of neoliberal globalization.Deploying a sophisticated Marxist methodology, Smith begins by tracing the production of certain iconic commodities-the T-shirt, the cup of coffee, and the iPhone-and demonstrates how these generate enormous outflows of money from the countries of the Global South to transnational corporations headquartered in the core capitalist nations of the Global North. From there, Smith draws on his empirical findings to powerfully theorize the current shape of imperialism. He argues that the core capitalist countries need no longer rely on military force and colonialism (although these still occur) but increasingly are able to extract profits from workers in the Global South through market mechanisms and, by aggressively favoring places with lower wages, the phenomenon of labor arbitrage. Meticulously researched and forcefully argued, Imperialism in the Twenty-First Century is a major contribution to the theorization and critique of global capitalism.

Monopoly Capital

Author : Paul A. Baran
Publisher : NYU Press
ISBN 13 : 0853450730
Total Pages : 415 pages
Book Rating : 4.8/5 (534 download)

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Book Synopsis Monopoly Capital by : Paul A. Baran

Download or read book Monopoly Capital written by Paul A. Baran and published by NYU Press. This book was released on 1966 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay on the capitalist economy of the USA - covers corporation structure and giant entrepreneurship, generation and absorption of surplus profit, consumption, investment, historical and political aspects of monopoly, defence policy, etc., and includes sociological aspects, the standard of living and intergroup relations. References.

Only People Make Their Own History

Author : Samir Amin
Publisher : Monthly Review Press
ISBN 13 : 1583677704
Total Pages : 246 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis Only People Make Their Own History by : Samir Amin

Download or read book Only People Make Their Own History written by Samir Amin and published by Monthly Review Press. This book was released on 2019-03-25 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of Samir Amin’s ten most influential essays of the 21st century Radical political economist Samir Amin left behind a cherished oeuvre of Marxist writings. Amin’s intellectual range—from economics to culture—was admirable, and his lessons remain essential. Monthly Review Press is honored to publish this volume, culled from the Monthly Review magazine, of ten of Samir Amin’s most significant essays written in the twenty-first century. The collection is introduced by Amin’s friend and comrade, the Marxist philosopher Aijaz Ahmad, who provides a comprehensive survey of Amin’s life and path-breaking work. Ahmad also offers a contextual focus by which to read such stunningly astute pieces as “Revolution or Decadence?” and “Contemporary Imperialism.” Only People Make Their Own History is a loving and enlightening look at what the work of Samir Amin has meant—and will mean— to millions of people the world over.

Eurocentrism

Author : Samir Amin
Publisher : NYU Press
ISBN 13 : 1583672079
Total Pages : 288 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis Eurocentrism by : Samir Amin

Download or read book Eurocentrism written by Samir Amin and published by NYU Press. This book was released on 2010-01-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since its first publication twenty years ago, Eurocentrism has become a classic of radical thought. Written by one of the world's foremost political economists, this original and provocative essay takes on one of the great "ideological deformations" of our time: Eurocentrism. Rejecting the dominant Eurocentric view of world history, which narrowly and incorrectly posits a progression from the Greek and Roman classical world to Christian feudalism and the European capitalist system, Amin presents a sweeping reinterpretation that emphasizes the crucial historical role played by the Arab Islamic world. Throughout the work, Amin addressesa broad set of concerns, ranging from the ideological nature of scholastic metaphysics to the meanings and shortcomingsof contemporary Islamic fundamentalism. This second edition contains a new introduction and concluding chapter, both of which make the author's arguments even more compelling.

Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value

Author : Samir Amin
Publisher : NYU Press
ISBN 13 : 1583676562
Total Pages : 248 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value by : Samir Amin

The Law of Worldwide Value

Author : Samir Amin
Publisher : NYU Press
ISBN 13 : 1583672338
Total Pages : 145 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis The Law of Worldwide Value by : Samir Amin

Download or read book The Law of Worldwide Value written by Samir Amin and published by NYU Press. This book was released on 2010-12 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Portions of this book were originally published as The Law of value and historical materialism c1978 by Monthly Review Press."

Representing Capital

Author : Fredric Jameson
Publisher : Verso Books
ISBN 13 : 1781681570
Total Pages : 177 pages
Book Rating : 4.7/5 (816 download)

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Book Synopsis Representing Capital by : Fredric Jameson

Download or read book Representing Capital written by Fredric Jameson and published by Verso Books. This book was released on 2014-01-07 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Representing Capital, Fredric Jameson’s first book-length engagement with Marx’s magnum opus, is a unique work of scholarship that records the progression of Marx’s thought as if it were a musical score. The textual landscape that emerges is the setting for paradoxes and contradictions that struggle toward resolution, giving rise to new antinomies and a new forward movement. These immense segments overlap each other to combine and develop on new levels in the same way that capital itself does, stumbling against obstacles that it overcomes by progressive expansions, which are in themselves so many leaps into the unknown.

Three Essays on Marx’s Value Theory

Author : Samir Amin
Publisher : NYU Press
ISBN 13 : 1583674241
Total Pages : 97 pages
Book Rating : 4.5/5 (836 download)

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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.

Capital as Power

Author : Jonathan Nitzan
Publisher : Routledge
ISBN 13 : 1134022298
Total Pages : 853 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis Capital as Power by : Jonathan Nitzan

Download or read book Capital as Power written by Jonathan Nitzan and published by Routledge. This book was released on 2009-06-02 with total page 853 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an ‘economic’ entity that they count in universal units of ‘utils’ or ‘abstract labour’, respectively. But these units are totally fictitious. Nobody has ever been able to observe or measure them, and for a good reason: they don’t exist. Since liberalism and Marxism depend on these non-existing units, their theories hang in suspension. They cannot explain the process that matters most – the accumulation of capital. This book offers a radical alternative. According to the authors, capital is not a narrow economic entity, but a symbolic quantification of power. It has little to do with utility or abstract labour, and it extends far beyond machines and production lines. Capital, the authors claim, represents the organized power of dominant capital groups to reshape – or creorder – their society. Written in simple language, accessible to lay readers and experts alike, the book develops a novel political economy. It takes the reader through the history, assumptions and limitations of mainstream economics and its associated theories of politics. It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory of ‘capital as power’ and a new history of the ‘capitalist mode of power’.

The Long Revolution of the Global South

Author : Samir Amin
Publisher : Monthly Review Press
ISBN 13 : 1583677747
Total Pages : 480 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis The Long Revolution of the Global South by : Samir Amin

Download or read book The Long Revolution of the Global South written by Samir Amin and published by Monthly Review Press. This book was released on 2019-04-22 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: The final writings of Samir Amin—a mix of personal experiences and theoretical analysis of global challenges and movements In this second volume of his memoirs, Amin takes us on a journey to a dizzying array of countries, recounting the stages of his ongoing dialogue over several decades with popular movements struggling for a better future. As in his many works over the years, The Long Revolution of the Global South combines Amin’s astute theoretical analyses of the challenges confronting the world’s oppressed peoples with militant action. In these final writings based on his life, Amin presents us with theoretical interventions, analyses of political conjunctures, and narration of personal experiences. Amin’s reminiscences of travels to places too often overlooked by the world at large are a joy to read. We even catch a glimpse of some of his memorable—and sometimes not so memorable—culinary adventures.

Marxist Theories of Imperialism

Author : Anthony Brewer
Publisher : Psychology Press
ISBN 13 : 0415044693
Total Pages : 300 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis Marxist Theories of Imperialism by : Anthony Brewer

Download or read book Marxist Theories of Imperialism written by Anthony Brewer and published by Psychology Press. This book was released on 1990 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last two hundred years have seen a massive increase in the size of the world economy and equally massive inequalities of wealth and power between different parts of the world. They have also witnessed the rise to dominance of the capitalist mode of production. Marxists, from Marx himself through to present day thinkers, have argued that these changes are profoundly interconnected. This book offers a unique account of Marxist theories of Imperialism. It has been fully updated and expanded to cover all the developments since its initial publication and will be essential reading for any student of Marxism.