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9780521793995

The Economics of Karl Marx: Analysis and Application

by
  • ISBN13:

    9780521793995

  • ISBN10:

    0521793998

  • Edition: 1st
  • Format: Paperback
  • Copyright: 2008-04-14
  • Publisher: Cambridge University Press

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Summary

Presents an account and technical assessment of Marxs economic analysis in Capital, with particular reference to the transformation and the surplus-value doctrine, the reproduction schemes, the falling real-wage and profit rates, and the trade cycle. The focus is on criticisms that Marx himself might have been expected to face in his day and age. In addition, it offers a chronological study of the evolution of that analysis from the early 1840s through three drafts: documents of the late 1840s, the Grundrisse of 1857-1858, and the Economic Manuscripts of 1861-1863. It also provides three studies in application, focusing on Marxs evolutionary orientation in his evaluation of the transition to communism and his rejection of egalitarianism under both capitalist and communist regimes; his evolving perspective on the role of the industrial entrepreneur; and his evolving appreciation of the prospects for welfare reform within capitalism.

Table of Contents

Capital: Principal Features of the Marxian 'Canon'
Value and distribution
Elements of growth theory
Economic growth and the falling real-wage trend
Economic growth and the falling rate of profit
The cyclical dimension
Origins: Marx in the 1840s
Marx's economics 1843-1845
A 'first draft' of Capital 1847-1849
A 'Second Draft' of Capital: The Grundrisse 1857-1858
1857-1858 I: surplus value
On value 'realization'
A 'Third Draft' of Capital: The Economic Manuscripts 1861-1863
1861-1863 I: surplus value - profit, rent, and interest
1861-1863 II: sectoral analysis, accumulation, and stability
1861-1863 III: the labor market
Topics in Application
Economic organization and the equality issue
Is there a Marxian 'entrepreneur'? On the functions of the industrial capitalist
Principles of social reform
Conclusion: a recapitulation and overview
Table of Contents provided by Publisher. All Rights Reserved.

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