Marx's Economics: A Dual Theory of Value and Growth - Brossura

Morishima, Michio

Brossura

ISBN 10: 0521293030 ISBN 13: 9780521293037

Casa editrice: Cambridge University Press, 2009

Riassunto

Professor Morishima concentrates on the three volumes of Das Kapital and their contributions to the major topics of traditional Marxian economics. He provides a rigorous mathematisation of the labour theory of value, the theory of exploitation, the transformation problem, the reproduction scheme, the law of relative surplus population, the falling rate of capital and the turnover of capital. After proving Marxian propositions in a rigorous way, he argues that in order to combine Marx's model with von Neumann's in a new growth theory it is necessary to abandon the labour theory of value. Professor Morishima feels that this sacrifice is well worth making, because it enables Marxian economics to be integrated with orthodox theory into a new Marx–von Neumann theory of growth, and this to make an important contribution to the development of the subject.

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Descrizione del libro:

Professor Morishima concentrates on the three volumes of Das Kapital and their contributions to the major topics of traditional Marxian economics. Morishima argues that in order to combine Marx's model with von Neumann's in a new growth theory it is necessary to abandon the labour theory of value. An important contribution to the development of the subject.

Contenuti:

Preface; Introduction; Part I. The Labour Theory of Value: 1. Dual definition of value; 2. Hidden assumptions; 3. Quantitative determination of relative value; 4. Value, use-value and exchange-value; Part II. The Theory of Exploitation: 5. Surplus value and exploitation; 6. The rate of profit; Part III. The Transformation Problem: 7. The static transformation problem; 8. The aggregation problem; Part IV. The Reproduction Scheme: 9. Simple reproduction; 10. Extended reproduction; 11. The reserve army and the falling rate of profit; 12. The dynamic transformation problem; Part V. Capital and Value: 13. The turnover of capital; 14. The labour theory of value revisited; Index.

Su questa edizione

• Editore: Cambridge University Press
• Data di pubblicazione: 2009
• ISBN 10: 0521293030
• ISBN 13: 9780521293037
• Rilegatura: Copertina flessibile
• Numero edizione: 1
• Numero di pagine: 208