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argues that these assets, when they function as money-capital, enter into the equalization of the rate of profit. They … since the late 1960s. The paper then re-examines the definition of the rate of profit found in Marx’s writings on the … of profit as defined by Marx. …
Persistent link: https://www.econbiz.de/10011258153
Interpretation (TSSI) of Marx’s ideas, an approach to Marx’s theory of value which has secured significant attention in recent years …. 4, Fall 2010. pp567-605. The article surveys the key ideas and currents of thinking about Marx’s value theory since he …. The article explains the TSSI and highlights the milestones which led to the evolution of its key concepts. …
Persistent link: https://www.econbiz.de/10011258920
’s Capital, discharging the long run equilibrium method, adopting an ideal concept of money in the place of commodity-money … goods they purchase but to the value of the money used to purchase these goods; and money represents a definite number of … prices are separately determined. In their attempt to salve "Marx’s lemma", the defenders of this approach re-read Marx …
Persistent link: https://www.econbiz.de/10004968743
science, clearly formulated in Marx’s Capital, which starts with the commodity as an immediate concrete and ends with the … price of land; the price of the financial assets, etc.), but for the simple commodity mode of production as well, so that …
Persistent link: https://www.econbiz.de/10005029959
This article contributes to the theoretical debate of Marxist concepts of value and productive labor. It defines value as an indirect social labor and evaluates the traditional distinction between productive activities and circulation. Also, it questions the traditional concepts of intensive...
Persistent link: https://www.econbiz.de/10005747286
interpretations of Marx’s analysis of value, money and income distribution. The paper is organized as follows. Section 1 introduces …<em>Marx in the matrix. L’algebra del "lavoro vivo"</em> - This paper provides a general overview on the recent … still open issues around Marx’s transformation procedure. Sections 4 and 5 provide an outline on the so called ‘Single …
Persistent link: https://www.econbiz.de/10008504112
This paper examines some of the consequences for economic theory of the replacement of binary personal preferences by non-binary personal preferences in an Arrow-Debreu society as in Debreu (1959), and reaches the conclusion that there is both much damage to existing theory and greater...
Persistent link: https://www.econbiz.de/10008529321
It is argued that that both the Sraffians’ interpretation based on the classical notion of centre of gravitation as well as the neoclassical interpretation based on the supposedly implicit assumption of constant returns to scale are incorrect [GIPE WP].
Persistent link: https://www.econbiz.de/10005528367
Persistent link: https://www.econbiz.de/10012167350
Persistent link: https://www.econbiz.de/10012609619