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 : 280 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 280 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.

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. "--

The Theory of Monopoly Capitalism

Author : John Bellamy Foster
Publisher : NYU Press
ISBN 13 : 1583674411
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 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Imperialism: The Highest Stage of Capitalism

Author : V.I. Lenin
Publisher : Wellred Books
ISBN 13 :
Total Pages : 159 pages
Book Rating : 4./5 ( download)

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Book Synopsis Imperialism: The Highest Stage of Capitalism by : V.I. Lenin

Download or read book Imperialism: The Highest Stage of Capitalism written by V.I. Lenin and published by Wellred Books. This book was released on 1917 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the First World War, Lenin found himself isolated, but he was not afraid to fight against the stream. He dedicated all his strength to educating and training the Bolsheviks on the basis of the genuine ideas of Marxism. His masterpiece, Imperialism: The Highest Stage of Capitalism, is an immortal monument to his work in the vital field of theory. No book has ever explained the phenomena of modern capitalism better. Indeed, all of Lenin’s predictions concerning the concentration of capital, the dominance of the banks and finance capital, the growing antagonism between nation states and the inevitability of war arising out of the contradictions of imperialism have been shown to be true by the entire history of the last 100 years. Using the empirical evidence and statistics at his disposal, Lenin explains that, in the stage of imperialist monopoly capitalism, the entire economy is under the domination of the banks and finance capital. Today, over 100 years after it was first published, this domination is 100 times greater. Lenin’s text therefore stands as required reading for revolutionaries.

Only People Make Their Own History

Author : Samir Amin
Publisher : NYU Press
ISBN 13 : 1583677712
Total Pages : 212 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 NYU Press. This book was released on 2019-03-25 with total page 212 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.

Imperialism in the Twenty-First Century

Author : John Smith
Publisher : NYU Press
ISBN 13 : 1583675795
Total Pages : 384 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 384 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.

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

Author : Samir Amin
Publisher : NYU Press
ISBN 13 : 1583676554
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 law of worldwide value -- Further comments on Marx's Capital and historical capitalism -- Essays on Marx's value theory -- Index

Eurocentrism

Author : Samir Amin
Publisher : NYU Press
ISBN 13 : 1583672079
Total Pages : 240 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 240 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.

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.

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: This landmark text by Paul Baran and Paul Sweezy is a classic of twentieth-century radical thought, a hugely influential book that continues to shape our understanding of modern capitalism. “This book… deals with a vital area of economics, has a unique approach, is stimulating and well written. It represents the first serious attempt to extend Marx’s model of competitive capitalism to the new conditions of monopoly capitalism.” — Howard J. Sherman, American Economic Review

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: In his new extensively revised and expanded edition of this book, originally published as The Law of Value and Historical Materialism, Samir Amin suggests new approaches to Marxian analysis of the crisis of the late capitalist system of generalized, financialized, and globalized oligopolies following on the financial collapse of 2008. Considering that Marx's Capital, written before the emergence of imperialism as a decisive factor in capitalist accumulation, could provide no explanation for the persistent "underdevelopment" of the countries of the "global South," Amin advances several important theoretical concepts extending traditional Marxian views of capitalist evolution. Most strikingly, he proposes adding to the model of reproduction in Volume II of Capital a Third Department of Production devoted to surplus absorption, necessitated by the capitalist tendency constantly to produce an economic surplus too large to be realized by the consumption and investment purchases generated within Marx's original two-department model. Equally interesting is his theoretical concept of "imperialist rent," derived from the scaling of radically different wages paid for the same labor in countries of the North and the South, whose effect has been to provide Northern capital with sufficient profits to permit it to pacify for a long period its conflict with the Northern proletariat. To account for this new type of rent he extends the Marxian "law of value" in the form of a "law of globalized value" whose operations determine such changes in the polarized world system as the industrial growth of many Third-World nations within the global imperialist context.

Capital and Imperialism

Author : Utsa Patnaik
Publisher : Monthly Review Press
ISBN 13 : 1583678905
Total Pages : 384 pages
Book Rating : 4.5/5 (836 download)

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Book Synopsis Capital and Imperialism by : Utsa Patnaik

Download or read book Capital and Imperialism written by Utsa Patnaik and published by Monthly Review Press. This book was released on 2021-03-02 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive survey of capitalism's colonialist roots and uncertain future Those who control the world’s commanding economic heights, buttressed by the theories of mainstream economists, presume that capitalism is a self-contained and self-generating system. Nothing could be further from the truth. In this pathbreaking book—winner of the Paul A. Baran-Paul M. Sweezy Memorial Award—radical political economists Utsa Patnaik and Prabhat Patnaik argue that the accumulation of capital has always required the taking of land, raw materials, and bodies from noncapitalist modes of production. They begin with a thorough debunking of mainstream economics. Then, looking at the history of capitalism, from the beginnings of colonialism half a millennium ago to today’s neoliberal regimes, they discover that, over the long haul, capitalism, in order to exist, must metastasize itself in the practice of imperialism and the immiseration of countless people. A few hundred years ago, write the Patnaiks, colonialism began to ensure vast, virtually free, markets for new products in burgeoning cities in the West. But even after slavery was generally abolished, millions of people in the Global South still fell prey to the continuing lethal exigencies of the marketplace. Even after the Second World War, when decolonization led to the end of the so-called “Golden Age of Capitalism,” neoliberal economies stepped in to reclaim the Global South, imposing drastic “austerity” measures on working people. But, say the Patnaiks, this neoliberal economy, which lives from bubble to bubble, is doomed to a protracted crisis. In its demise, we are beginning to see—finally—the transcendence of the capitalist system.

The Law of Value and Historical Materialism

Author : Samir Amin
Publisher : New York : Monthly Review Press
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Law of Value and Historical Materialism by : Samir Amin

Download or read book The Law of Value and Historical Materialism written by Samir Amin and published by New York : Monthly Review Press. This book was released on 1978 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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.

Henryk Grossman Works, Volume 1

Author : Henryk Grossman
Publisher : BRILL
ISBN 13 : 9004384758
Total Pages : 706 pages
Book Rating : 4.0/5 (43 download)

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Book Synopsis Henryk Grossman Works, Volume 1 by : Henryk Grossman

Download or read book Henryk Grossman Works, Volume 1 written by Henryk Grossman and published by BRILL. This book was released on 2018-11-26 with total page 706 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection includes texts by Henryk Grossman that are primarily concerned with economic theory: monographs, articles, essays, letters and manuscript material. Many have never been published in English before, some in any language. The first in four volumes of Grossman's works, it provides the basis for a deeper understanding of Grossman's contributions to Marxist economic theory and critique of bourgeois economics. Rick Kuhn's introduction explains the contexts in which the texts were written and establishes their contemporary relevance.

Global History

Author : Samir Amin
Publisher : Fahamu/Pambazuka
ISBN 13 : 1906387966
Total Pages : 202 pages
Book Rating : 4.9/5 (63 download)

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Book Synopsis Global History by : Samir Amin

Download or read book Global History written by Samir Amin and published by Fahamu/Pambazuka. This book was released on 2010-11-25 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This short book includes studies of capitalism in the ancient world system, central Asia's place in it, the challenge of globalisation, Europe and China's two roads to development, and Russia in the global system.

A People's Guide to Capitalism

Author : Hadas Thier
Publisher : Haymarket Books
ISBN 13 : 1642592188
Total Pages : 289 pages
Book Rating : 4.6/5 (425 download)

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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