The Paradox of Marxist Economics

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Publisher :
ISBN 13 : 9783031362910
Total Pages : 0 pages
Book Rating : 4.3/5 (629 download)

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Book Synopsis The Paradox of Marxist Economics by : Vladislavas Petraškevičius

Download or read book The Paradox of Marxist Economics written by Vladislavas Petraškevičius and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the inherent contradictions of Marxist economic theory and how they became apparent when the theory was applied in practice. It introduces the main theories and authors of Marxist economic thought, explores its implementation in the Soviet Union and the People's Republic of China, and offers a comparative analysis of the main distinctive features of socialist and capitalist economic systems. In turn, the book provides answers to the following questions: What has happened to the "socialist reality" and why has it become unacceptable for society? What are the causes of the collapse of the socialist economic system? This book appeals to scholars and students of economics and anyone interested in Marxist economic thinking and the practice of socialism.

Free to Lose

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Publisher : Harvard University Press
ISBN 13 : 0674042867
Total Pages : 217 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Free to Lose by : John E. ROEMER

Download or read book Free to Lose written by John E. ROEMER and published by Harvard University Press. This book was released on 2009-06-30 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Roemer challenges the morality of an economic system based on the private ownership of the means of production. Unless you start with a certain amount of wealth in such a society, you are only "free to lose." This book addresses crucial questions of political philosophy and normative economics in terms understandable by readers with a minimal knowledge of economics.

Value, Technical Change and Crisis

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Publisher : Routledge
ISBN 13 : 1315489481
Total Pages : 401 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Value, Technical Change and Crisis by : David Laibman

Download or read book Value, Technical Change and Crisis written by David Laibman and published by Routledge. This book was released on 2016-09-16 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text brings together studies in various aspects of the theory of the capitalist economy. It focuses on major themes of the Marxist tradition that postulate the existence and importance of social relations and structures underlying the esoteric realm of economic categories: prices, profits, wages, etc. The author takes a reappraising, critical look at the concepts of the deep structure - value, explitation, immanent crisis - using the analytical tools of modern economics to improve those concepts. The book is divided into four parts. Part 1 explores the essential nature of capitalism, re-examining problems in the theory of value and exploitation. Part 2 tackles the issue of capitalism-specific paths of growth and technical change, putting forward a rigorous theory of biased technical change and non-steady-state growth. Part 3 examines the cyclical character of capitalist growth and the theory of crises. Finally, Part 4 places capitalism in the wider framework of modes of production, considering the theory of precapitalist formations and aspects of the theory and practical experience of socialism. The guiding theme is the combination, or confrontation, of rigorous, quantitative analytical techniques with equally demanding qualitative and political-economic conceptualization. The book's premise is that this interface is essential to a progressive yet distinctively Marxist social theory.

Knowledge, Class, and Economics

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Publisher : Routledge
ISBN 13 : 1351798073
Total Pages : 803 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Knowledge, Class, and Economics by : Theodore A. Burczak

Download or read book Knowledge, Class, and Economics written by Theodore A. Burczak and published by Routledge. This book was released on 2017-10-16 with total page 803 pages. Available in PDF, EPUB and Kindle. Book excerpt: Knowledge, Class, and Economics: Marxism without Guarantees surveys the "Amherst School" of non-determinist Marxist political economy, 40 years on: its core concepts, intellectual origins, diverse pathways, and enduring tensions. The volume’s 30 original essays reflect the range of perspectives and projects that comprise the Amherst School—the interdisciplinary community of scholars that has enriched and extended, while never ceasing to interrogate and recast, the anti-economistic Marxism first formulated in the mid-1970s by Stephen Resnick, Richard Wolff, and their economics Ph.D. students at the University of Massachusetts-Amherst. The title captures the defining ideas of the Amherst School: an open-system framework that presupposes the complexity and contingency of social-historical events and the parallel "overdetermination" of the relationship between subjects and objects of inquiry, along with a novel conception of class as a process of performing, appropriating, and distributing surplus labor. In a collection of 30 original essays, chapters confront readers with the core concepts of overdetermination and class in the context of economic theory, postcolonial theory, cultural studies, continental philosophy, economic geography, economic anthropology, psychoanalysis, and literary theory/studies. Though Resnick and Wolff’s writings serve as a focal point for this collection, their works are ultimately decentered—contested, historicized, reformulated. The topics explored will be of interest to proponents and critics of the post-structuralist/postmodern turn in Marxian theory and to students of economics as social theory across the disciplines (economics, geography, postcolonial studies, cultural studies, anthropology, sociology, political theory, philosophy, and literary studies, among others).

Why Marx Was Wrong

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Publisher : AuthorHouse
ISBN 13 : 1463434146
Total Pages : 517 pages
Book Rating : 4.4/5 (634 download)

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Book Synopsis Why Marx Was Wrong by : Lawrence Eubank

Download or read book Why Marx Was Wrong written by Lawrence Eubank and published by AuthorHouse. This book was released on 2011-11-02 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject of this book is the "negative assault on democratic capitalism" embodied in Capital A Critique of Political Economy, Marx's great work devoted to delineating the crimes and inequities of capitalist societies and market economies. The book is a systematic, step-by-step analysis of Marx's logic. It is a deconstruction of the arguments and deductions by which he reaches his main conclusion: that capitalism is corrupt in its essential nature, and that capitalists gain wealth not by any legitimate means, but by appropriating unpaid labor or "surplus value" from the working masses. Despite the disappearance of the Soviet bloc and the waning of Communist zealotry, that is still a widely-believed doctrine. Marx's accusation against capitalism, and the course of argumentation by which he arrives at it, together form the subject of the present volume.

Marx’s Capital and One Free World

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Publisher : Springer
ISBN 13 : 1349116181
Total Pages : 265 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis Marx’s Capital and One Free World by : Tadas Horie

Download or read book Marx’s Capital and One Free World written by Tadas Horie and published by Springer. This book was released on 1991-06-18 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to clarify what the author believes to be the fallacy of the infallibility of Marx's "Capital" and Marxist ideology in general. Other works by the author include "Marxian Economics and Reality", and "The Critique of Dialectic Economics".

Karl Marx and the Close of His System

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Publisher :
ISBN 13 : 9781789871456
Total Pages : 78 pages
Book Rating : 4.8/5 (714 download)

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Book Synopsis Karl Marx and the Close of His System by : Eugen von Böhm-Bawerk

Download or read book Karl Marx and the Close of His System written by Eugen von Böhm-Bawerk and published by . This book was released on 2019-09-26 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eugen Von Böhm-Bawerk, economist of the Austrian school, wrote this incisive critique of Marxist economics amid rising public support for socialism, communism and state-controlled markets in Europe. Published in 1896, this work criticizes Marxist theory from two angles: firstly, that the notion of value which Marx puts forward contradict his own ideas. The author asserts that the link between the price of producing goods and the value produced by labor are not consistently dealt with in Marx's works. This inconsistency in assigning value to economic production leads onto the second critique: Supply and demand is a theory whereby an equilibrium between goods supplied to a market and goods demanded by consumers in said market is established, with changes in the quantity or price of a good being in reaction to demand. Böhm-Bawerk discusses how Marx underestimates this law, and how his lack of appreciation for an economy which flexibly meets the shifting demands of consumers undermines his notions of price and value. From the perspective of a free market capitalist, Marxist theory is inadequate and insufficient as a system of economics.

The Paradox of Marxist Economics

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Publisher : Springer Nature
ISBN 13 : 303136290X
Total Pages : 359 pages
Book Rating : 4.0/5 (313 download)

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Book Synopsis The Paradox of Marxist Economics by : Vladislavas Petraškevičius

Download or read book The Paradox of Marxist Economics written by Vladislavas Petraškevičius and published by Springer Nature. This book was released on 2023-07-25 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the inherent contradictions of Marxist economic theory and how they became apparent when the theory was applied in practice. It introduces the main theories and authors of Marxist economic thought, explores its implementation in the Soviet Union and the People's Republic of China, and offers a comparative analysis of the main distinctive features of socialist and capitalist economic systems. In turn, the book provides answers to the following questions: What has happened to the "socialist reality" and why has it become unacceptable for society? What are the causes of the collapse of the socialist economic system? This book appeals to scholars and students of economics and anyone interested in Marxist economic thinking and the practice of socialism.

Dialectical Economics

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Publisher :
ISBN 13 :
Total Pages : 520 pages
Book Rating : 4.:/5 (43 download)

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Book Synopsis Dialectical Economics by : Lyndon H. LaRouche

Download or read book Dialectical Economics written by Lyndon H. LaRouche and published by . This book was released on 1975 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Marxist Economic Theory 2 Vols. Set

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Publisher : Aakar Books
ISBN 13 : 9788189833466
Total Pages : 384 pages
Book Rating : 4.8/5 (334 download)

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Book Synopsis Marxist Economic Theory 2 Vols. Set by : Ernest Mandel

Download or read book Marxist Economic Theory 2 Vols. Set written by Ernest Mandel and published by Aakar Books. This book was released on 2008 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Invisible Leviathan

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Publisher : BRILL
ISBN 13 : 900431220X
Total Pages : 395 pages
Book Rating : 4.0/5 (43 download)

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Book Synopsis Invisible Leviathan by : Murray Smith

Download or read book Invisible Leviathan written by Murray Smith and published by BRILL. This book was released on 2018-11-05 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Invisible Leviathan, Murray E.G. Smith refutes the main criticisms of Marx’s theory of labour value and argues that human civilization is imperilled by the capitalist imperative to measure wealth in terms of ‘abstract social labour’ and money profit.

Marx and Keynes

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Publisher : Pattern Books
ISBN 13 : 4487549485
Total Pages : 396 pages
Book Rating : 4.4/5 (875 download)

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Book Synopsis Marx and Keynes by : Paul Mattick

Download or read book Marx and Keynes written by Paul Mattick and published by Pattern Books. This book was released on 2020-11-30 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marx and Keynes: The Limits of the Mixed Economy is a 1969 book by Paul Mattick which presents a Marxist critique of the Keynesian approach to economic problems. During a time in which the economic orthodoxy was to say that the contradictions of the capitalist system had been overcome, Marx and Keynes goes against the orthodoxy to examine how the solutions which are presented for the market in Keynesianism are only limited and present the same contradictions. Written before the complete turn to Neoliberalism, Mattick not only critiques Keynes' policies, but also points out the same contradictions of the system exist within the state capitalism of the USSR, proclaiming himself an "Anti-Bolshevik Communist." Past being a critique of Keynesianism, Marx and Keynes is also a guide to understanding Marx's economics, from the theory of value to the falling rate of profit, Mattick applies Marx to the current state of economics in the '60s. Paul Mattick, Sr. (March 13, 1904 - February 7, 1981) was a Marxist political writer and social revolutionary, whose thought can be placed within the council communist and left communist traditions.

A People's Guide to Capitalism

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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

Is Marx's Theory of Profit Right?

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Publisher : Lexington Books
ISBN 13 : 0739196324
Total Pages : 195 pages
Book Rating : 4.7/5 (391 download)

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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.

An Introduction to Marxist Economic Theory

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Publisher : Resistance Books
ISBN 13 : 9781876646301
Total Pages : 64 pages
Book Rating : 4.6/5 (463 download)

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Book Synopsis An Introduction to Marxist Economic Theory by : Ernest Mandel

Download or read book An Introduction to Marxist Economic Theory written by Ernest Mandel and published by Resistance Books. This book was released on 2002 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics and Power

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Publisher : Routledge
ISBN 13 : 1317411854
Total Pages : 181 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Economics and Power by : Giulio Palermo

Download or read book Economics and Power written by Giulio Palermo and published by Routledge. This book was released on 2016-06-03 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the economic debate, power is defined and studied mainly as an interpersonal relation occurring out of perfect competition. This is a consequence of the combination of methodological individualism and the assumption of competition as a natural and everlasting coordinating mechanism, operating without any sort of coercion. This methodology, however, is not adequate to analyze the forms of social coercion that characterize capitalism. Economics and Power criticizes the main theories of power developed in economic literature, analyzing ultraliberal contractualism to radical political economics, and ultimately suggesting a Marxist conception of power and coercion in capitalism. Palermo’s ontological argument is rooted in the philosophy of ‘critical realism’.This unique volume presents his main finding as being that the essential coercive mechanism of capitalism is competition. Capitalist power is not caused by a lack of competition, but by the central role it plays in this mode of production. Following this, the chapters reconstruct a Marxian conception of power where it is analyzed as a social relation and argues that perfect competition does in fact exist under the disguise of capitalist power. This book criticizes the construct of power and the underlying ideas surrounding perfect competition. This book is of interest to those who study political economy, as well as economic theory and philosophy.

Knowledge and Class

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Publisher : University of Chicago Press
ISBN 13 : 0226710238
Total Pages : 360 pages
Book Rating : 4.2/5 (267 download)

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Book Synopsis Knowledge and Class by : Stephen A. Resnick

Download or read book Knowledge and Class written by Stephen A. Resnick and published by University of Chicago Press. This book was released on 1989-07-15 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: