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Profit Theory And Capitalism
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Book Synopsis Profit Theory and Capitalism by : Mark Obrinsky
Download or read book Profit Theory and Capitalism written by Mark Obrinsky and published by University of Pennsylvania Press. This book was released on 2015-10-12 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pursuit of profit by business motivates the capitalist economic system. Understanding profits, therefore, especially the source of profits, is essential to an understanding of capitalism. Mark Obrinsky claims that there has never been an adequate profit theory in mainstream economics. To find the source of profits, he argues, one needs to look beyond ownership of the productive factors of land, labor, and capital. Profit Theory and Capitalism makes a sharply reasoned and accessible contribution to critical theory, the history of economic thought, and post-Keynesian theory. Its insights will be of value to all students and theorists working in the area of income distribution.
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
Download or read book Capitalism written by Anwar Shaikh and published by Oxford University Press. This book was released on 2016-01-15 with total page 1019 pages. Available in PDF, EPUB and Kindle. Book excerpt: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.
Book Synopsis The Basic Theory of Capitalism by : Makoto Itoh
Download or read book The Basic Theory of Capitalism written by Makoto Itoh and published by Rowman & Littlefield. This book was released on 1988 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning with a clear-cut review of the major economic schools, this book systematically studies the strengths and weaknesses in Marx's Capital proposes original solutions to the issues of value, labor and crises. The author thus provides an insight into the basic character of capitalism and its superficial forms and social substance.
Book Synopsis Wages, Profit, Taxation by : Péter Erdős
Download or read book Wages, Profit, Taxation written by Péter Erdős and published by . This book was released on 1982 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the theory of value, the trading value of money and price levels, short and long term nominal and real wages; profit theory; non-productive employment and taxation; and stagnation and inflation.
Book Synopsis Democracy at Work by : Richard Wolff
Download or read book Democracy at Work written by Richard Wolff and published by Haymarket Books. This book was released on 2012-10-02 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: What, and who, are we working for? A thoughtful assessment on our current society from “probably America’s most prominent Marxist economist” (The New York Times). Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve. One key cause for this intolerable state of affairs is the lack of genuine democracy in our economy as well as in our politics. The solution requires the institution of genuine economic democracy, starting with workers managing their own workplaces, as the basis for a genuine political democracy. Here Richard D. Wolff lays out a hopeful and concrete vision of how to make that possible, addressing the many people who have concluded economic inequality and politics as usual can no longer be tolerated and are looking for a concrete program of action. “Wolff’s constructive and innovative ideas suggest new and promising foundations for much more authentic democracy and sustainable and equitable development, ideas that can be implemented directly and carried forward. A very valuable contribution in troubled times.” —Noam Chomsky, leading public intellectual and author of Hope and Prospects
Book Synopsis Twilight Capitalism by : Murray E.G. Smith
Download or read book Twilight Capitalism written by Murray E.G. Smith and published by Fernwood Publishing. This book was released on 2021-04-10T00:00:00Z with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-first-century capitalism has little more to offer than a menu of despair: pandemics, deepening inequality, worsening depression, runaway climate change, intensifying authoritarianism and escalating militarism. Twilight Capitalism offers a wide-ranging analysis of the origins, implications and scope of the “combined” social crisis of 2020 and beyond. A compelling case is made that Karl Marx’s critical analysis of capitalism, along with his program of class-struggle socialism, is essential to understanding and addressing the most important social, economic and ecological problems of our time.
Author :Muhammad Nejatullah Siddiqi Publisher :[Bombay : published for] the Faculty of Social Sciences, Aligarh Muslim University [by] Asia Publishing House ISBN 13 : Total Pages :176 pages Book Rating :4.F/5 ( download)
Book Synopsis Recent Theories of Profit by : Muhammad Nejatullah Siddiqi
Download or read book Recent Theories of Profit written by Muhammad Nejatullah Siddiqi and published by [Bombay : published for] the Faculty of Social Sciences, Aligarh Muslim University [by] Asia Publishing House. This book was released on 1971 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Comparative Political Economy of Capitalist Profit Theory by : Robin Koren Chang
Download or read book A Comparative Political Economy of Capitalist Profit Theory written by Robin Koren Chang and published by . This book was released on 2010 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Is Marx's Theory of Profit Right? by : Nick Potts
Download or read book Is Marx's Theory of Profit Right? written by Nick Potts and published by Lexington Books. This book was released on 2015-05-07 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection focuses on a long-running debate over the logical validity of Karl Marx’s theory that exploitation is the exclusive source of capitalists’ profits. The “Fundamental Marxian Theorem” was long thought to have shown that orthodox Marxian economics succeeds in replicating Marx’s conclusion. The debate begins with Andrew Kliman’s disproof of that claim. On one side of the debate, representing orthodox Marxian economics, are contributions by Simon Mohun and Roberto Veneziani. Although they concede that their simultaneist models cannot replicate Marx’s theory of profit in all cases, they insist that this is as good as it gets. On the other side, representing the temporal single-system interpretation of Marx’s theory (TSSI), are contributions by Kliman and Alan Freeman. They argue that his theory is logically valid, since it can indeed be replicated when it is understood in accordance with the TSSI. While the debate initially focused on logical concerns, issues of pluralism, truth, and scientificity increasingly assumed center stage. In his introduction to the volume, Nick Potts situates the debate in its historical context and argues forcefully that the arguments of the orthodox Marxist economists, and the manner in which those arguments were couched, were “suppressive and contrary to scientific norms.” The volume concludes with a 2014 debate, in which many of the same issues re-surfaced, between the philosopher Robert Paul Wolff and proponents of the TSSI.
Book Synopsis Profit and Wages by : Gustav Adolph Kleene
Download or read book Profit and Wages written by Gustav Adolph Kleene and published by . This book was released on 1916 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Profits in Economic Theory by : Michael Charles Howard
Download or read book Profits in Economic Theory written by Michael Charles Howard and published by London : Macmillan. This book was released on 1983 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economic Theory of ‘Managerial’ Capitalism by : NA NA
Download or read book The Economic Theory of ‘Managerial’ Capitalism written by NA NA and published by Springer. This book was released on 2016-01-13 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Profit for Life by : Joseph H. Bragdon
Download or read book Profit for Life written by Joseph H. Bragdon and published by . This book was released on 2006 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Theories of the Capitalist Economy by : Ben Fine
Download or read book Theories of the Capitalist Economy written by Ben Fine and published by . This book was released on 1982 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Positive Theory of Capital by : Böhm-Bawerk
Download or read book The Positive Theory of Capital written by Böhm-Bawerk and published by VM eBooks. This book was released on 2016-11-24 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: BOOK I: THE NATURE AND CONCEPTION OF CAPITAL Book I, Chapter I: Man and Nature Book I, Chapter II: The Nature of Capital Book I, Chapter III: Historical Development of the Conception Book I, Chapter IV: The True Conception of Capital Book I, Chapter V: The Competing Conceptions of Capital Book I, Chapter VI: Social and Private Capital BOOK II: CAPITAL AS INSTRUMENT OF PRODUCTION Book II, Chapter I: Introductory Book II, Chapter II: Capitalist Production Book II, Chapter III: The Function of Capital in Production Book II, Chapter IV: The Theory of The Formation of Capital Book II, Chapter V: Formation of Capital in a Community Book II, Chapter VI: Possible Objections BOOK III: VALUE Book III, Chapter I: The Two Conceptions of Value1 Book III, Chapter II: Nature and Origin of Subjective Value Book III, Chapter III: The Amount of Value Book III, Chapter IV: The Marginal Utility Book III, Chapter V: Complications Book III, Chapter VI: What Determines Marginal Utility Book III, Chapter VII: Alternative Uses Book III, Chapter VIII: Subjective Exchange Value Book III, Chapter IX: The Value of Complementary Goods Book III, Chapter X: The Value of Productive Goods. Value and Costs. BOOK IV: PRICE Book IV, Chapter I: The Fundamental Law Book IV, Chapter II: Isolated Exchange Book IV, Chapter III: One-Sided Competition Book IV, Chapter IV: Two-Sided Competition Book IV, Chapter V: The Law of Supply and Demand Book IV, Chapter VI: The Individual Determinants of Price Book IV, Chapter VII: The Law of Costs BOOK V: PRESENT AND FUTURE Book V, Chapter I: Present and Future in Economic Life Book V, Chapter II: Differences in Want and Provision for Want Book V, Chapter III: Underestimate of the Future Book V, Chapter IV: The Technical Superiority of Present Goods Book V, Chapter V: Co-operation of the Three Factors BOOK VI: THE SOURCE OF INTEREST Book VI, Chapter I: The Loan and Loan Interest Book VI, Chapter II: The Profit of Capitalist Undertaking. Principles of Explanation. Book VI, Chapter III: The Profit of Capitalist Undertaking. Complications. Book VI, Chapter IV: The Profit of Capitalist Undertaking. The Labour Market. Book VI, Chapter V: The Profit of Capitalist Undertaking. The General Subsistence Market. Book VI, Chapter VI: The Profit of Capitalist Undertaking. The General Subsistence Market—(continued) Book VI, Chapter VII: Interest From Durable Goods Book VI, Chapter VIII: Interest From Durable Goods—(continued) Book VI, Chapter IX: Results Book VI, Chapter X: Interest Under Socialism BOOK VII: THE RATE OF INTEREST Book VII, Chapter I: The Rate in Isolated Exchange Book VII, Chapter II: The Rate in Market Transactions Book VII, Chapter III: The Rate in Market Transactions—(continued) Book VII, Chapter IV: The Market for Capital in Its Full Development Book VII, Chapter V: The Market for Capital in Its Full Development—(continued) APPENDIX TO PAGE 327 [ Book VI, Chapter V ] Amount of Subsistence Fund Necessary Before Entering on a Production Period of Given Length
Book Synopsis Stakeholder Capitalism by : Klaus Schwab
Download or read book Stakeholder Capitalism written by Klaus Schwab and published by John Wiley & Sons. This book was released on 2021-01-27 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.
