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A clear and compact guide to Marx’s road to Das Kapital Ernest Mandel traces the development of Marx’s economic ideas from the Economic and Philosophical Manuscripts to the completion of the Grundrisse. In a series of crystalline chapters, he provides an overview of subjects central to Marxist economic theory. Mandel focuses on Marx’s concept of alienation, which gained much currency among Marxists in the twentieth century, and traces the development of debates surrounding the labour theory of value, and Marx’s writings on communism and “crisis.” These discussions remain pertinent today, and these texts vital to all those who wish to interpret and to change the world.
In this book, Mandel discusses the development of Marx's economic ideas from their beginnings to the completion of the Grundrisse. He combines a historical retrospective and a review of current discussions on each of the subjects and problems central to Marxist economic theory. He traces the development of the concept of "alienation" in Marx, and its fate in the hands of succeeding generations, down to the present discussion in East and West Europe, summarizes the fascinating debates over the "Asiatic mode of production," and discusses labor theory of value, the problem of periodic crises, the theory of wages and the polarization of wealth and poverty, and the problem of progressive "disalienation" through the building of socialist society.
This is an important and unparalleled work which situated Marx's economic theory in relation to the economic theories that pre-date him - from mercantilism to John Stuart Mill. First published in 1929, the book dates from the fertile period of Marxist economic theory that produced the works of Preobrazhensky, Kondratiev and Bukharin. However as a review of pre-Marxist economics it stands out from the many books which dwell only on the contemporary industrialisation debates. This is a selective reading of economic thought, offering analysis of those elements in past economics that accord with the areas of interest to Marxism. Each section gives a brief analysis of a specific school of thought, with particular attention to the social and ideological climate within which it evolved. The book differs from orthodox accounts in not merely mentioning historical background but using it as a central explanation of the evolution of economic theories.As a counterpoint to Rubin, Catherine Colliot-Thelene has written a daring essay which locates a crucial flaw in the logical structure of Marx's Capital.
The book provides new vistas on Karl Marx’s political economy, philosophy and politics on the occasion of his 200th birthday. Often using hitherto unknown material from the recently published Marx- Engels Gesamtausgabe (the MEGA2 edition), the contributions throw new light on Marx’s works and activities, the sources he used and the discussions he had, correcting received opinions on his doctrines. The themes dealt with include Marx’s concepts of alienation and commodity fetishism, the labour theory of value and the theory of exploitation, Marx’s studies of capital accumulation and economic growth and his analysis of economic crises and of the labour contract. Novel developments in the reception of his works in France and the UK conclude the volume. This book was originally published as a special issue of The European Journal of the History of Economic Thought.
This book describes the history of economic thought, focusing on the development of economic theory from Adam Smith's 'Wealth of Nations' to the late twentieth century. The text concentrates on the most important figures in the history of the economics. The book examines how important economists have reflected on the sometimes conflicting goals of efficient resource use and socially acceptable income distribution.--[book cover].
This book presents the capitalist system as a function of the interaction of the three basic classes in the capitalist social formation. Through this, it shows how the corresponding conflicts and clashes of interests between those classes – industrial capitalists, wage labourers and landed proprietors – are unavoidable for understanding contemporary economic structures. Analysing these economic structures in relation to the forms of property ownership, as well as the typical processes of production connected with them, the author points out how Karl Marx’s theory of the capitalist social formation is closely connected with the emergence and existence of a national money market. At the same time, the book places a special emphasis on Marx’s theory of ground rent and modern landed property, an aspect misinterpreted by many authors; and through an evaluation of the most important Marxian categories regarding the analysis of the world market and its development, further emphasis is placed on the concept of differences in labour intensity between nations. This evaluation illustrates how the main categories of capital, wage labour and landed property acquire a completely different internal relation in poor countries compared to Western capitalist societies. Class and Property in Marx's Economic Thought aims at exposing a method for analysing contemporary capitalism through focusing on the basic relations of population groups in the capitalist social formation. It will be of interest to students and researchers within the field of economics, as well as other social sciences.
An account and technical assessment of Marx's economic analysis in Capital and other documents, 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.
Translation of Mishnato ha-òhevratit òveha-medinit shel òKarl Marks.
This reader in the history of economic thought challenges the assumption that today’s prevailing economic theories are always the most appropriate ones. As Leland Yeager has pointed out, unlike the scientists of the natural sciences, economists provide their ideas largely to politicians and political appointees who have rather different incentives that might prevent them from choosing the best economic theory. In this book, the life and work of each of the founders of economics is examined by the best available expert on that founding figure. These contributors present rather novel and certainly not mainstream interpretations of the founders of modern economics. The primary theme concerns the development of economic thought as this emerged in the various continental traditions including the Islamic tradition. These continental traditions differed substantially, both substantively and methodologically, from the Anglo-Saxon orientation that has been dominant in the last century for example in the study of public finance or the very construct of the state itself. This books maps the various channels of continental economics, particularly from the late-18th through the early-20th centuries, explaining and demonstrating the underlying unity amid the surface diversity. In particular, the book emphasizes the writings of John Stuart Mill, his predecessor David Ricardo and his follower Jeremy Bentham; the theory of Marginalism by von Thünen, Cournot, and Gossen; the legacy of Karl Marx; the innovations in developmental economics by Friedrich List; the economic and monetary contributions and “struggle of escape” by John Maynard Keynes; the formidable theory in public finance and economics by Joseph Schumpeter; a reinterpretation of Alfred Marshall; Léon Walras, Heinrich von Stackelberg, Knut Wicksell, Werner Sombart, and Friedrich August von Hayek are each dealt with in their own right.