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Overproduction And Value
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Book Synopsis (Over)production and Value by : Diedrich Diederichsen
Download or read book (Over)production and Value written by Diedrich Diederichsen and published by . This book was released on 2017 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The 'economization of art' began to take shape in the wake of the crisis of capital in 2009. The shifts that occurred in the art field during this time were accompanied by explicit critique and academic analysis that aimed to make the genesis of these transformations comprehensible. In this book, first delivered as a lecture at Kunsthalle Bern in April 2016, Diedrich Diederichsen follows Marx’s labor theory of value and counters the symbolic economies dominating the art field, as well as economic exceptionalism or calculation, with systems of recording and reading out. Expanded to include the sphere of individual aesthetic experience, these systems are not formulated as solipsism, or in terms of purposefulness, but as a means to compare relations within the productivity of open and incalculable connectivity, relations that allow aesthetic experience to be read out as the liquefied labor and lifetime of concrete others"--Publisher's website.
Book Synopsis General and Periodic Crises of Overproduction by : Jean Lescure
Download or read book General and Periodic Crises of Overproduction written by Jean Lescure and published by Anthem Press. This book was released on 2023-11-14 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jean Lescure’s two-volume General and Periodic Crises of Overproduction is a pioneering study of the causes and consequences of industrial crises in capitalist economies in the nineteenth and early twentieth centuries. The author, who held doctorates in political economy and law, is most remembered as a founder of the French historical school and a staunch advocate of empiricism in the economic sciences. Lescure called his approach the ’complex historical method’, by which he sought to revise classical and quantitative economic theory through the historical analysis and statistical observation of cyclical phenomena. Ever the controversialist, Lescure wrote in an engaging style, accessible to non-specialists and economists alike, and critiqued the leading monetary theorists of the period, insisting that observation of the movements in production costs, industrial orders and profits be given priority over circulation and credit in understanding the periodic crises of capitalist economies. In Lescure’s view, crises were inevitable in both market and command economies and their onset and consequences were predictable with the help of the more detailed production statistics newly available to economists and entrepreneurs at the time. Observation of corporate profits, the margin between cost price and selling price, provided the means to predict crises and measure their impact, not only on industry and trade but also on the working classes who would endure unemployment and the many social ills that accompany it. Lescure, unlike many of the liberal economists of the time, was always careful to include in his historical account statistical analysis of unemployment figures, as well as those on crime, marriage and birth rates, homelessness and suicide. Although he remained sceptical of government intervention in the form of monetary policies adjusting the money supply, and lauded the success of industrial concentration and trusts in reducing costs and prices, Lescure admitted the state’s role in the recovery of the 1930s, when social insurance schemes and investment in public works mitigated the worst effects of unemployment for industrial labour. This treatise, which grew out of his doctoral work, was a lifetime project for Lescure, who updated it periodically over five editions, to include each new cycle of growth, crisis, depression and recovery. Volume one provides a historical study of economic crises from the post-Napoleonic period through the Great Depression and the recovery of the late 1930s. Volume two offers a critique of the theories of crises, their causes and potential remedies, in which Lescure outlines his preference for ‘organic’ theories that focus on the production process and qualitative statistical observation of the movements in costs, selling prices, industrial orders and profits. The text of the fifth edition appears here in English for the first time, unabridged and complete with editorial materials designed to help the English reader understand the work on its own terms and situate its author’s prominent place in the history of economic thought.
Book Synopsis Overproduction and Crises by : Karl Rodbertus
Download or read book Overproduction and Crises written by Karl Rodbertus and published by . This book was released on 1898 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Overproduction Trap in U.S. Agriculture by : Glenn Johnson
Download or read book The Overproduction Trap in U.S. Agriculture written by Glenn Johnson and published by Routledge. This book was released on 2013-10-18 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book emphasizes resource use and efficiency in the agricultural sector and offers facts and analytical concepts of interest to welfare economists, sociologists, and agricultural policy makers. Originally published in 1972
Book Synopsis The Remedy for Overproduction and Unemployment by : Hugo Bilgram
Download or read book The Remedy for Overproduction and Unemployment written by Hugo Bilgram and published by . This book was released on 1928 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay is an elaboration of one submitted to the contest held under the auspices of the Pollak foundation of economic research, for the best adverse criticism of the book "Profits" by William Trufant Foster and Waddill Catchings, 1925. cf. Foreword.
Book Synopsis The Value of Money by : Prabhat Patnaik
Download or read book The Value of Money written by Prabhat Patnaik and published by Columbia University Press. This book was released on 2009-04-02 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why is money more valuable than the paper on which it is printed? Monetarists link the value of money to its supply and demand, believing the latter depends on the total value of the commodities it circulates. According to Prabhat Patnaik, this logic is flawed. In his view, in any nonbarter economy, the value we assign to money is determined independently of its supply and demand. Through an original and provocative critique of monetarism, Patnaik advances a revolutionary understanding of macroeconomics that highlights the "propertyist" position of Karl Marx and John Maynard Keynes. Unlike the usual division between "classical" economists (e.g., David Ricardo and Marx) and the "marginalists" (e.g., Carl Menger, William Stanley Jevons, and Léon Walras), Patnaik places "monetarists," including Ricardo, on one side, while grouping propertyist writers like Marx, Keynes, and Rosa Luxemburg on the other. This second group subscribes to the idea that the value of money is given from outside the realm of supply and demand, therefore making money a form in which wealth is held. The fact that money is held as wealth in turn gives rise to the possibility of deficiency of aggregate demand under capitalism. It is no accident that this possibility was highlighted by Marx and Keynes while going largely unrecognized by Ricardo and contemporary monetarists. At the same time, Patnaik points to a weakness in the Marx-Keynes tradition namely, its lack of any satisfactory explanation of why the value of money, determined from outside the realm of supply and demand, remains relatively stable over long stretches of time. The answer to this question lies in the fact that capitalism is not a self-contained system but is born from a precapitalist setting with which it interacts and where it creates massive labor reserves that, in turn, impart stability to the value of money. Patnaik's theory of money, then, is also a theory of imperialism, and he concludes with a discussion of the contemporary international monetary system, which he terms the "oil-dollar" standard.
Book Synopsis Value without Fetish by : Elena Louisa Lange
Download or read book Value without Fetish written by Elena Louisa Lange and published by BRILL. This book was released on 2021-06-22 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value without Fetish presents the first in-depth English-language study of the influential Japanese economist Uno Kōzō‘s (1897-1977) theory of ‘pure capitalism’ in the light of the method and object of Marx’s Critique of Political Economy. A close analysis of the theories of value, production and reproduction, and crisis in Uno’s central texts from the 1930s to the 1970s reveals his departure from Marx’s central insights about the fetish character of the capitalist mode of production – a departure that Lange shows can be traced back to the failed epistemology of value developed in Uno’s earliest writings. By disavowing the complex relation between value and fetish that structures Marx’s critique, Uno adopts the paradigms of neoclassical theories to present an apology rather than a critique of capitalism.
Book Synopsis Capital, Exploitation and Economic Crisis by : John Weeks
Download or read book Capital, Exploitation and Economic Crisis written by John Weeks and published by Taylor & Francis. This book was released on 2011-03-15 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2008 the capitalist world was swept by the severest crisis since the Great Depression of the 1930s. Mainstream economics neither anticipated nor could account for this disastrous financial crisis, which required massive state intervention throughout the capitalist world. Karl Marx did anticipate this type of financial collapse, arguing that it was derivative from the ‘fetishism of commodities’ inherent in the capitalist mode of production. This book substantiates the foregoing claim by a journey from Marx’s analysis of commodities to the capitalist crisis of the twenty-first century. The book demonstrates that Marx's framework (1) demonstrates that capitalism is but one historical form of class society among many; (2) explains the transition from pre-capitalist to capitalist society; (3) reveals the concrete operation of a capitalist economy; and (4) shows why others would explain the capitalist economy in alternative theoretical frameworks. The central element in his framework from which all else derives is ‘the theory of value’. This book is not an exercise in the history of thought. It is an attempt to analyze the nature of contemporary capitalist society. While Marx’s analysis of capitalism has implications for political action, these need not lead one to embrace revolution in place of reform, though it can and has provided the analytical foundation for both. Marx’s analysis of capitalism is a coherent whole, and meaningful insights cannot be obtained by extracting elements from it. Weeks starts out by looking at the nature of capitalism and an analysis circulation, money and credit unfold from the theory of value. The nature and inherent necessity of competition are demonstrated in chapter eight. A consequence of competition, expressed in the movement of capital, is technical change, the contradictory impact of which is explained in chapter nine. This is brought together with the other elements of value theory (money, credit and competition) in chapter ten, where economic crises are treated in detail. The final chapter applies the theory of crisis to the extreme financial disturbances of the 2000s. This book should be of interest to students and researchers of economics, politics and sociology.
Book Synopsis Marx's Associated Mode of Production by : Paresh Chattopadhyay
Download or read book Marx's Associated Mode of Production written by Paresh Chattopadhyay and published by Springer. This book was released on 2016-07-30 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to restore Marx’s original emancipatory idea of socialism, conceived as an association of free individuals centered on working people’s self- emancipation after the demise of capitalism. Marxist scholar Paresh Chattopadhyay argues that, Marx’s (and Engels’s) ideas have been deliberately warped with misinterpretation not only by those who resent these ideas but more consequentially by those who have come to power under the banner of Marx, calling themselves communists. This book challenges those who have inaccurately revised Marx’s ideas justify their own pursuit of political power.
Book Synopsis Understanding Marx’s Capital: A reader’s guide by : Adam Booth
Download or read book Understanding Marx’s Capital: A reader’s guide written by Adam Booth and published by Wellred Books. This book was released on 2019-07-11 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marx's Capital was a book that revolutionised political economy and for the first time opened our eyes to the real workings of capitalism. It was, however, met with a wall of silence from the mainstream economists and the establishment. Despite this, Capital became regarded in the workers' movement as the Bible of the working class... The aim of this book, written by authors from the International Marxist Tendency, is to help guide readers through the pages of volume one of Capital; to bring out the main themes and ideas contained within it; and to discuss the relevance of this great Marxist classic in terms of understanding the crisis-ridden world around us today - and, most importantly, how we can radically transform it.
Download or read book Lean Thinking written by James P. Womack and published by Simon and Schuster. This book was released on 2013-09-26 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lean Thinking was launched in the fall of 1996, just in time for the recession of 1997. It told the story of how American, European, and Japanese firms applied a simple set of principles called 'lean thinking' to survive the recession of 1991 and grow steadily in sales and profits through 1996. Even though the recession of 1997 never happened, companies were starving for information on how to make themselves leaner and more efficient. Now we are dealing with the recession of 2001 and the financial meltdown of 2002. So what happened to the exemplar firms profiled in Lean Thinking? In the new fully revised edition of this bestselling book those pioneering lean thinkers are brought up to date. Authors James Womack and Daniel Jones offer new guidelines for lean thinking firms and bring their groundbreaking practices to a brand new generation of companies that are looking to stay one step ahead of the competition.
Book Synopsis Commanded Value Theories of the Business Cycle by : William Edward Zeuch
Download or read book Commanded Value Theories of the Business Cycle written by William Edward Zeuch and published by . This book was released on 1926 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Critical Theory of Economic Compulsion by : Werner Bonefeld
Download or read book A Critical Theory of Economic Compulsion written by Werner Bonefeld and published by Taylor & Francis. This book was released on 2023-03-20 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores a variety of interconnected themes central to contemporary Marxist theory and its further development as a critical social theory. Championing the critique of political economy as a critical theory of society and rejecting Marxian economics as a contradiction in terms, it argues instead that economic categories are perverted social categories, before identifying the sheer unrest of life - the struggle to make ends meet - as the negative content of the reified system of economic objectivity. With class struggle recognised as the negative category of the cold society of capitalist wealth, which sees in humanity a living resource for economic progress, the author contends that the critique of class society finds its rational solution in the society of human purposes, that is, the classless society of communist individuals. A theoretically sophisticated engagement with Marxist thought, A Critical Theory of Economic Compulsion will appeal to scholars of social and political theory with interests in critical theory and post-capitalist imaginaries.
Book Synopsis Mass Production Processes by : Anil Akdogan
Download or read book Mass Production Processes written by Anil Akdogan and published by BoD – Books on Demand. This book was released on 2020-03-11 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is always hard to set manufacturing systems to produce large quantities of standardized parts. Controlling these mass production lines needs deep knowledge, hard experience, and the required related tools as well. The use of modern methods and techniques to produce a large quantity of products within productive manufacturing processes provides improvements in manufacturing costs and product quality. In order to serve these purposes, this book aims to reflect on the advanced manufacturing systems of different alloys in production with related components and automation technologies. Additionally, it focuses on mass production processes designed according to Industry 4.0 considering different kinds of quality and improvement works in mass production systems for high productive and sustainable manufacturing. This book may be interesting to researchers, industrial employees, or any other partners who work for better quality manufacturing at any stage of the mass production processes.
Book Synopsis Economic Crisis and Crisis Theory by : Paul Mattick Jr.
Download or read book Economic Crisis and Crisis Theory written by Paul Mattick Jr. and published by Routledge. This book was released on 2020-09-23 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynesian economics claimed to have overcome the problem of economic depressions. However, as Mattick argues that crises are inherent within capitalism and that neither the market nor Keynesianism can stop "the steady deterioration of the economy". Written in 1974, Economic Crisis and Crisis Theory is one of Mattick's most valuable contributions to the Marxist critique of political economy and radical theory in general.
Book Synopsis Copyright's Excess by : Glynn Lunney
Download or read book Copyright's Excess written by Glynn Lunney and published by Cambridge University Press. This book was released on 2018-04-12 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tests copyright's fundamental premise that more money will increase creative output using the US recording industry from 1962-2015.
Book Synopsis The Capital (Complete 3 Volumes) by : Karl Marx
Download or read book The Capital (Complete 3 Volumes) written by Karl Marx and published by DigiCat. This book was released on 2022-12-10 with total page 1644 pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Marx's magnum opus, 'The Capital', is a monumental work that delves into the complexities of capitalist society and economic systems. Comprised of three volumes, this influential text not only analyzes the economic structure of capitalism but also critiques the exploitation of labor and the resulting class struggle. Marx's writing style is scholarly and rigorous, drawing on a wide range of economic, political, and philosophical theories to support his arguments. Within the context of 19th-century Europe, 'The Capital' stands as a cornerstone of Marxist thought and remains a pivotal text in the study of political economy and social theory. It is a thorough exploration of capitalism's inherent contradictions and the potential for revolutionary change. Recommended for readers interested in delving into the intricacies of economic systems and the critique of capitalism.
