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

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

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.

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Ebook Details
Pages: 392
Size: 6.0 MB
Publisher: Routledge
Date published:   2016
ISBN: 9781315489476 (DRM-EPUB)
9781315489483 (DRM-PDF)

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This product is listed in the following categories:

Nonfiction > Business & Economics
Nonfiction > Social Science > Demography

This author has products in the following categories:

Nonfiction > Non-Classifiable
Nonfiction > Business & Economics
Nonfiction > Business & Economics > Economic History
Nonfiction > Business & Economics > Economics > Theory
Nonfiction > Social Science > Demography

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