Explorations In Marx S Theory Of Price Why Marx Is Still Relevant For Understanding The Modern Economy
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Explorations In Marx S Theory Of Price Why Marx Is Still Relevant For Understanding The Modern Economy
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Author : Howard Nicholas
language : en
Publisher: Springer Nature
Release Date : 2023-01-01
Explorations In Marx S Theory Of Price Why Marx Is Still Relevant For Understanding The Modern Economy written by Howard Nicholas and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-01 with Business & Economics categories.
This book is the first volume in a three-volume series that takes an in-depth look at the relevance of Marx's economics for understanding the modern economy. The focus of this volume is the money prices of commodities. In light of the failure of central banks to stimulate inflation through printing of money, it is now accepted that there are problems with the mainstream approach to the explanation of prices. Howard Nicholas underlines the shortcomings of this and other approaches to the explanation of prices, particularly their concepts of the value of the commodity and money. He argues the problems with all other approaches are manifest in their inability to explain the changes in the relative prices of commodities, taking place in the context of changes in the aggregate money price level as well as independently. He contends that of paramount importance in Marx’s explanation is that prices are set by producers prior to putting their commodities into the process of circulation, undermining the notion they are determined by the supply of and demand for the commodities in the process of exchange. Marx’s approach to the explanation of prices is also contrasted with those of Neoclassicals, Post-Keynesians and Sraffa, with a view to highlighting the shortcomings in these approaches as bases for their understanding and explanations of money and prices. This book will be of interest to academics and students of price theory, money and finance, political economy, and the history of economic thought.
Explorations In Marx S Theory Of Price Why Marx Is Still Relevant For Understanding The Modern Economy
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Author : Howard Nicholas
language : en
Publisher:
Release Date : 2023
Explorations In Marx S Theory Of Price Why Marx Is Still Relevant For Understanding The Modern Economy written by Howard Nicholas and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
This book is the first volume in a three-volume series that takes an in-depth look at the relevance of Marx's economics for understanding the modern economy. The focus of this volume is the money prices of commodities. In light of the failure of central banks to stimulate inflation through printing of money, it is now accepted that there are problems with the mainstream approach to the explanation of prices. Howard Nicholas underlines the shortcomings of this and other approaches to the explanation of prices, particularly their concepts of the value of the commodity and money. He argues the problems with all other approaches are manifest in their inability to explain the changes in the relative prices of commodities, taking place in the context of changes in the aggregate money price level as well as independently. He contends that of paramount importance in Marx's explanation is that prices are set by producers prior to putting their commodities into the process of circulation, undermining the notion they are determined by the supply of and demand for the commodities in the process of exchange. Marx's approach to the explanation of prices is also contrasted with those of Neoclassicals, Post-Keynesians and Sraffa, with a view to highlighting the shortcomings in these approaches as bases for their understanding and explanations of money and prices. This book will be of interest to academics and students of price theory, money and finance, political economy, and the history of economic thought. Howard Nicholas retired in 2020 as associate professor in economics at the International Institute of Social Studies, Erasmus University of Rotterdam, The Netherlands. He has published in the areas of inflation, development theory, financial markets, the global economy, and the macro dynamics of a number of countries. He is the author of Marx's Theory of Price and its Modern Rivals (Palgrave Macmillan).
Explorations In Marx S Theory Of Price Why Marx Is Still Relevant For Understanding The Modern Economy
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Author : Howard Nicholas
language : en
Publisher: Palgrave MacMillan
Release Date : 2023-01-02
Explorations In Marx S Theory Of Price Why Marx Is Still Relevant For Understanding The Modern Economy written by Howard Nicholas and has been published by Palgrave MacMillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-02 with categories.
Chapter 1: Introduction.- Chapter 2: Marx.- Chapter 3: Smith.- Chapter 4: Ricardo.- Chapter 5: Sraffa.- Chapter 7: Marxists.- Chapter 8: Neoclassicals.- Chapter 9: Conclusions.
Capital
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Author : Karl Marx
language : en
Publisher: DigiCat
Release Date : 2022-11-13
Capital written by Karl Marx and has been published by DigiCat this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-13 with Political Science categories.
This book is a critical analysis of political economy, meant to reveal the contradictions of the capitalist mode of production, how it was the precursor of the socialist mode of production and of the class struggle rooted in the capitalist social relations of production. Karl Marx (1818–1883) was a famous German philosopher, economist, historian, political theorist, sociologist, journalist and revolutionary socialist.
Marx S Theory Of Price And Its Modern Rivals
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Author : H. Nicholas
language : en
Publisher: Springer
Release Date : 2011-10-18
Marx S Theory Of Price And Its Modern Rivals written by H. Nicholas and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-18 with Political Science categories.
Marx's Theory of Price and its Modern Rivals provides an original look at how Marx understood the role of money, extending his theory to consider how prices move over the course of business cycles. Key modern theories of price are also analysed; Neoclassical, Post Keynesian and Sraffian theories are contrasted with Marxian thought.
The Unfinished System Of Karl Marx
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Author : Judith Dellheim
language : en
Publisher: Springer
Release Date : 2018-04-13
The Unfinished System Of Karl Marx written by Judith Dellheim and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-13 with Business & Economics categories.
This book examines what we can gain from a critical reading of Marx's final manuscript and his conclusion of the "systematic presentation" of his critique, which was the basis for Engels's construction of the third volume of his infamous 'Capital'. The text introduces the reader to a key problem ́of Marx's largely implicit epistemology, by exploring the systematic character of his exposition and the difference of this kind of 'systematicity' from Hegelian philosophical system construction. The volume contributes to establishing a new understanding of the critique of political economy, as it has been articulated in various debates since the 1960s - especially in France, Germany, and Italy - and as it had already been initiated by Marx and some of his followers, with Rosa Luxemburg in a key role. All the chapters are transdisciplinary in nature, and explore the modern day relevance of Marx's and Luxemburg's theoretical analysis of the dominance of the capitalist mode of production.
Karl Marx And The Close Of His System
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Author : Eugen von Böhm-Bawerk
language : en
Publisher:
Release Date : 1898
Karl Marx And The Close Of His System written by Eugen von Böhm-Bawerk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1898 with categories.
Wage Labour And Capital And Value Price And Profit
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Author : Karl Marx
language : en
Publisher: Digireads.com
Release Date : 2020-09-20
Wage Labour And Capital And Value Price And Profit written by Karl Marx and has been published by Digireads.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-20 with Business & Economics categories.
Karl Marx is one of the most influential social theorists and political philosophers of the 19th century. His hugely significant works "The Communist Manifesto" and "Das Kapital" fundamentally changed the way the world viewed economy and politics. His groundbreaking theory that much of a society's conflict is based on an economic imbalance between the wealthy ruling class, the bourgeoisie, who control the means of production, and the working class, or the proletariat, who are forced to sell their labor in return for wages, helped spur the development of socialist and communist political systems. This edition contains two of his more important essays. First written in 1847, "Wage Labour and Capital" is the foundation for the economic theories that were later developed in "Das Kapital". "Value, Price, and Profit" was first given as a speech by Marx in 1865 and expands on his ideas regarding the relationship between wages and profit. Marx argues that workers are responsible for creating the value that leads to profit and they are entitled to share in it through increased wages. Marx's theories remain widely studied for their relevance and insight into the problems and inequalities that continue to exist in modern economic systems. This edition is printed on premium acid-free paper.
Value Price And Profit
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Author : Karl Marx
language : en
Publisher:
Release Date : 2022-05-16
Value Price And Profit written by Karl Marx and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-16 with categories.
First published in 1865, 'Value, Price, and Profit' was originally given as a speech by Karl Marx, a German philosopher, critic of political economy, economist, historian, sociologist, political theorist, journalist and socialist revolutionary. He is one of the most influential social theorists and political philosophers of the 19th century. Marx sought to reveal the economic patterns underpinning the capitalist mode of production, in contrast to classical political economists such as Adam Smith, Jean-Baptiste Say, David Ricardo and John Stuart Mill. This speech expands on his ideas regarding the relationship between wages and profit. Marx argues that workers are responsible for forming the value that leads to profit and they are entitled to share in it through increased wages. Marx's theories remain widely studied for their relevance and insight into the problems and inequalities that continue to exist in modern economic systems.
The Economics Of Marx
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Author : Michael Charles Howard
language : en
Publisher: Harmondsworth [etc.] : Penguin
Release Date : 1976
The Economics Of Marx written by Michael Charles Howard and has been published by Harmondsworth [etc.] : Penguin this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Business & Economics categories.