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Value, Technical Change and Crisis: Explorations in Marxist Economic Theory
Contributor(s): Laibman, David (Author)
ISBN: 0873327365     ISBN-13: 9780873327367
Publisher: Routledge
OUR PRICE:   $65.50  
Product Type: Paperback
Published: June 1992
Qty:
Additional Information
BISAC Categories:
- Political Science | Political Ideologies - Communism, Post-communism & Socialism
- Business & Economics | Economics - General
- Social Science | Demography
Dewey: 335.4
LCCN: 91-11246
Physical Information: 0.82" H x 6" W x 9" (1.18 lbs) 392 pages
 
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Publisher Description:
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.