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Exploitation of Labor and Exploitation of Commodities
Yoshihara, Naoki; Veneziani, Roberto - In: Review of Radical Political Economics 45 (2013) 4, pp. 517-524
In the standard Okishio-Morishima approach, the existence of profits is proved to be equivalent to the exploitation of … existence of profits and labor exploitation holds, whereas it is proved that there is no relation between profits and commodity … labor. Yet, it can also be proved that the existence of profits is equivalent to the “exploitation†of any good. Labor …
Persistent link: https://www.econbiz.de/10010796872
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Financialization and Fictitious Capital: The Rise of Financial Securities as a Form of Private Property
Kaldor, Yair - In: Review of Radical Political Economics 54 (2022) 2, pp. 239-254
expressed in these securities are based on the relation of capital and labor and the exploitation of workers in the sphere of …
Persistent link: https://www.econbiz.de/10013477181
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Interlocking Turnover Continua and the Structure of Capital
Saros, Daniel E. - In: Review of Radical Political Economics 46 (2014) 3, pp. 380-401
This article further develops the notion of a turnover continuum so as to better comprehend the logical structure of Capital. The concept is modified to include surplus value and the interconnectedness of multiple industries. By bringing together the value of labor-power, the monetary expression...
Persistent link: https://www.econbiz.de/10011137344
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The Cyclical Decline of the Profit Rate as the Cause of Crises in the United States (1947-2011)
Izquierdo, Sergio Cámara - In: Review of Radical Political Economics 45 (2013) 4, pp. 463-471
This work employs the methodology developed by Thomas Weisskopf in the late 1970s to analyze the role of cyclical declines in the profit rate as the cause of crises in the United States during the postwar period, and contrasts the results with Weisskopf’s and other subsequent works he...
Persistent link: https://www.econbiz.de/10011137384
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Financialization and Marx
Sotiropoulos, Dimitris P.; Lapatsioras, Spyros - In: Review of Radical Political Economics 46 (2014) 1, pp. 87-101
The recent theoretical works of the authors mentioned in the title of the paper provide thorough insights into the workings of contemporary capitalism. Derivatives are the key issue involved here. They comprehend financialization as a development within, rather than a distortion of, capitalist...
Persistent link: https://www.econbiz.de/10011137398
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On Marx’s Law of the Falling Rate of Profit: Disentangling Some Entangled Variables
Sinha, Ajit - In: Review of Radical Political Economics 46 (2014) 2, pp. 184-189
This paper argues that Marx’s law of the falling rate of profit applies to the problematic of choice of technique in the context of accumulation of capital, and not to the problematic of choice of technique in the context of technological change or new innovation as such. In this context,...
Persistent link: https://www.econbiz.de/10011137402
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Labor Process and the Social Structure of Accumulation in China1
Li, Zhongjin; Qi, Hao - In: Review of Radical Political Economics 46 (2014) 4, pp. 481-488
Inspired by the interplay between social structure of accumulation theory and labor process theory, this paper is to specify the particular mechanism that labor institutions take in accomplishing China’s rapid capital accumulation in the reform era. The paper starts by proposing a...
Persistent link: https://www.econbiz.de/10011137441
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The Invisible Foot
Hahnel, Robin - In: Review of Radical Political Economics 46 (2014) 1, pp. 70-86
This article pays homage to E. K. Hunt who was a founding member of URPE who helped build chapters on several campuses in western states. Much of the author’s own research work over the past forty years was an attempt to strengthen criticisms Hunt voiced long ago about markets and blind...
Persistent link: https://www.econbiz.de/10011137452
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Materialized Composition of Capital and its Stability in the United States
Zarembka, Paul - In: Review of Radical Political Economics 47 (2015) 1, pp. 106-111
The materialized composition of capital, a concept needing more attention, helps to correctly understand the value or organic composition that Marx discussed. For theoretical clarity, it is actually preferable. Evidence from frequently utilized data indicates that the materialized composition in...
Persistent link: https://www.econbiz.de/10011161107
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Was Henri de Man an Early Post-Keynesian Neo-Marxist?
Cuyvers, Ludo - In: Review of Radical Political Economics 47 (2015) 1, pp. 90-105
the labor theory of value, as well as a neglect of the Marxian law of the falling rate of profits. Their economic ideas …
Persistent link: https://www.econbiz.de/10011161109