Value, Technical Change and Crisis: Explorations in Marxist Economic Theory

Synopsis

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.

Copyright:

1992

Book Details

Book Quality:

Publisher Quality

Book Size:

392 Pages

ISBN-13:

9781315489476

Related ISBNs:

9780873327367, 9781315489490, 9780873327350

Publisher:

Taylor and Francis

Date of Addition:

10/25/23

Copyrighted By:

Taylor & Francis.

Adult content:

No

Language:

English

Has Image Descriptions:

No

Categories:

Nonfiction, Business and Finance, Social Studies, Mathematics and Statistics

Grade Levels:

College Freshman

Submitted By:

Bookshare Staff

Usage Restrictions:

This is a copyrighted book.