Modern Imperialism Monopoly Finance Capital And Marx S Law Of Value
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Modern Imperialism Monopoly Finance Capital And Marx S Law Of Value
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Author : Samir Amin
language : en
Publisher: NYU Press
Release Date : 2018-02-22
Modern Imperialism Monopoly Finance Capital And Marx S Law Of Value written by Samir Amin and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-22 with Political Science categories.
Unlike such obvious forms of oppression as feudalism or slavery, capitalism has been able to survive through its genius for disguising corporate profit imperatives as opportunities for individual human equality and advancement. But it was the genius of Karl Marx, in his masterwork, Capital, to discover the converse law of surplus value: behind the illusion of the democratic, supply-and-demand marketplace, lies the workplace, where people trying to earn a living are required to work way beyond the time it takes to pay their wages. Leave it to the genius of Samir Amin to advance Marx's theories—adding to them the work of radical economists such as Michal Kalecki, Josef Steindl, Paul Baran, and Paul Sweezy—to show how Marxian theory can be adapted to modern economic conditions. Amin extends Marx's analysis to describe a concept of “imperialist rent” derived from the radically unequal wages paid for the same labor done by people in both the Global North and the Global South, the rich nations and the poor ones. This is global oligopolistic capitalism, in which finance capital has come to dominate worldwide production and distribution. Amin also advances Baran and Sweezy’s notion of economic surplus to explain a globally monopolized system in which Marx's “law of value” takes the form of a “law of globalized value,” generating a super-exploitation of workers in the Global South. Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value offers readers, in one volume, the complete collection of Samir Amin’s work on Marxian value theory. The book includes texts from two of Amin's recent works, Three Essays on Marx’s Value Theory and The Law of Worldwide Value, which have provoked considerable controversy and correspondence. Here, Amin answers his critics with a series of letters, clarifying and developing his ideas. This work will occupy an important place among the theoretical resources for anyone involved in the study of contemporary Marxian economic and political theory.
Modern Imperialism Monopoly Finance Capital And Marx S Law Of Value
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Author : Samir Amin
language : en
Publisher:
Release Date : 2018
Modern Imperialism Monopoly Finance Capital And Marx S Law Of Value written by Samir Amin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Capitalism categories.
"Unlike such obvious forms of oppression as feudalism or slavery, capitalism has been able to survive through its genius for disguising corporate profit imperatives as opportunities for individual human equality and advancement. But it was the genius of Karl Marx, in his masterwork, Capital, to discover the converse law of surplus value: behind the illusion of the democratic, supply-and-demand marketplace, lies the workplace, where people trying to earn a living are required to work way beyond the time it takes to pay their wages. Leave it to the genius of Samir Amin to advance Marx's theories—adding to them the work of radical economists such as Michal Kalecki, Josef Steindl, Paul Baran, and Paul Sweezy—to show how Marxian theory can be adapted to modern economic conditions. Amin extends Marx's analysis to describe a concept of “imperialist rent” derived from the radically unequal wages paid for the same labor done by people in both the Global North and the Global South, the rich nations and the poor ones. This is global oligopolistic capitalism, in which finance capital has come to dominate worldwide production and distribution. Amin also advances Baran and Sweezy’s notion of economic surplus to explain a globally monopolized system in which Marx's “law of value” takes the form of a “law of globalized value,” generating a super-exploitation of workers in the Global South. Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value offers readers, in one volume, the complete collection of Samir Amin’s work on Marxian value theory. The book includes texts from two of Amin's recent works, Three Essays on Marx’s Value Theory and The Law of Worldwide Value, which have provoked considerable controversy and correspondence. Here, Amin answers his critics with a series of letters, clarifying and developing his ideas. This work will occupy an important place among the theoretical resources for anyone involved in the study of contemporary Marxian economic and political theory. "--
Imperialism
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Author : Vladimir Lenin
language : en
Publisher: Ravenio Books
Release Date : 1939
Imperialism written by Vladimir Lenin and has been published by Ravenio Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1939 with Political Science categories.
The pamphlet here presented to the reader was written in the spring of 1916, in Zurich. In the conditions in which I was obliged to work there I naturally suffered somewhat from a shortage of French and English literature and from a serious dearth of Russian literature. However, I made use of the principal English work on imperialism, the book by J. A. Hobson, with all the care that, in my opinion, work deserves. This pamphlet was written with an eye to the tsarist censorship. Hence, I was not only forced to confine myself strictly to an exclusively theoretical, specifically economic analysis of facts, but to formulate the few necessary observations on politics with extreme caution, by hints, in an allegorical language—in that accursed Aesopian language—to which tsarism compelled all revolutionaries to have recourse whenever they took up the pen to write a “legal” work. It is painful, in these days of liberty, to re-read the passages of the pamphlet which have been distorted, cramped, compressed in an iron vice on account of the censor. That the period of imperialism is the eve of the socialist revolution; that social-chauvinism (socialism in words, chauvinism in deeds) is the utter betrayal of socialism, complete desertion to the side of the bourgeoisie; that this split in the working-class movement is bound up with the objective conditions of imperialism, etc.—on these matters I had to speak in a “slavish” tongue, and I must refer the reader who is interested in the subject to the articles I wrote abroad in 1914-17, a new edition of which is soon to appear. In order to show the reader, in a guise acceptable to the censors, how shamelessly untruthful the capitalists and the social-chauvinists who have deserted to their side (and whom Kautsky opposes so inconsistently) are on the question of annexations; in order to show how shamelessly they screen the annexations of their capitalists, I was forced to quote as an example—Japan! The careful reader will easily substitute Russia for Japan, and Finland, Poland, Courland, the Ukraine, Khiva, Bokhara, Estonia or other regions peopled by non-Great Russians, for Korea. I trust that this pamphlet will help the reader to understand the fundamental economic question, that of the economic essence of imperialism, for unless this is studied, it will be impossible to understand and appraise modern war and modern politics.
The Law Of Worldwide Value
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Author : Samir Amin
language : en
Publisher: NYU Press
Release Date : 2010-12
The Law Of Worldwide Value written by Samir Amin and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12 with Political Science categories.
In his new extensively revised and expanded edition of this book, originally published as The Law of Value and Historical Materialism, Samir Amin suggests new approaches to Marxian analysis of the crisis of the late capitalist system of generalized, financialized, and globalized oligopolies following on the financial collapse of 2008. Considering that Marx's Capital, written before the emergence of imperialism as a decisive factor in capitalist accumulation, could provide no explanation for the persistent "underdevelopment" of the countries of the "global South," Amin advances several important theoretical concepts extending traditional Marxian views of capitalist evolution. Most strikingly, he proposes adding to the model of reproduction in Volume II of Capital a Third Department of Production devoted to surplus absorption, necessitated by the capitalist tendency constantly to produce an economic surplus too large to be realized by the consumption and investment purchases generated within Marx's original two-department model. Equally interesting is his theoretical concept of "imperialist rent," derived from the scaling of radically different wages paid for the same labor in countries of the North and the South, whose effect has been to provide Northern capital with sufficient profits to permit it to pacify for a long period its conflict with the Northern proletariat. To account for this new type of rent he extends the Marxian "law of value" in the form of a "law of globalized value" whose operations determine such changes in the polarized world system as the industrial growth of many Third-World nations within the global imperialist context.
The Value Of Marx
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Author : Alfredo Saad Filho
language : en
Publisher: Routledge
Release Date : 2001-11-29
The Value Of Marx written by Alfredo Saad Filho and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-11-29 with Business & Economics categories.
Karl Marx's writings provide a uniquely insightful explanation of the inner workings of capitalism, which other schools of thought generally have difficulty explaining. From this vantage point, Marx's works can help to explain important features and economic problems of our age, and the limits of their possible solutions. For example, the necessity and origin of money, the growth of the wage-earning class, uneven development, cycles and crises, and the relevant impoverishment of the workers, leading to debt and overwork. The Value of Marx demonstrates that: *capitalist production necessarily involves conflicts in production and in distribution *competition is an essential feature of capitalism, but it often generates instability, crises and unemployment, showing that capitalism is not only the most productive but also the most systematically destructive mode of production in history *capitalist economies are unstable because of the conflicting forces of extraction, realisation and the accumulation of surplus value under competitive conditions. The instability is structural, and even the best economic policies cannot avoid it completely. The author critically reviews the methodological principles of Marx's value analysis and the best known interpretation of his value theory. He develops an interpretation of Marx focusing primarily upon the processes and relations that regulate social and economic reproduction under capitalism. When analysed from this angle, value theory is a theory of class and exploitation. The concept of value is useful because, among other reasons, it explains capitalist exploitation in spite of the predominance of voluntary market exchanges. The most important controversies in Marxian political economy are reviewed exhaustively, and new light is thrown on the meaning and significance of Marx's analysis and its relevance for contemporary capitalism.
The Theory Of Monopoly Capitalism
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Author : John Bellamy Foster
language : en
Publisher: NYU Press
Release Date : 2014-04
The Theory Of Monopoly Capitalism written by John Bellamy Foster and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04 with Business & Economics categories.
Absent any "epoch making innovations" like the automobile or vast new increases in military spending, the result was a general trend toward economic stagnation--a condition that persists, and is increasingly apparent, to this day. Their analysis was also extended to issues of imperialism, or "accumulation on a world scale," overlapping with the path-breaking work of Samir Amin in particular. John Bellamy Foster is a leading exponent of this theoretical perspective today, continuing in the tradition of Baran and Sweezy's Monopoly Capital. This new edition of his essential work, The Theory of Monopoly Capitalism, is a clear and accessible explication of this outlook, brought up to the present, and incorporating an analysis of recently discovered "lost" chapters from Monopoly Capital and correspondence between Baran and Sweezy.
Monopoly Capital
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Author : Paul A. Baran
language : en
Publisher: NYU Press
Release Date : 1966
Monopoly Capital written by Paul A. Baran and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1966 with Political Science categories.
This landmark text by Paul Baran and Paul Sweezy is a classic of twentieth-century radical thought, a hugely influential book that continues to shape our understanding of modern capitalism. “This book… deals with a vital area of economics, has a unique approach, is stimulating and well written. It represents the first serious attempt to extend Marx’s model of competitive capitalism to the new conditions of monopoly capitalism.” — Howard J. Sherman, American Economic Review
Value Money Profit And Capital Today
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Author : Rémy Herrera
language : en
Publisher: Emerald Group Publishing
Release Date : 2023-11-20
Value Money Profit And Capital Today written by Rémy Herrera and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-20 with Business & Economics categories.
Connecting fundamental, theoretical, and empirical subjects with the most current scholarship on value, money, profit and capital today, this book makes sense of our increasingly interconnected global economy, highlighting key issues and proposing real-world solutions from the most knowledgeable researchers in the field.
Marxism And Decolonization In The 21st Century
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Author : Sabelo J. Ndlovu-Gatsheni
language : en
Publisher: Routledge
Release Date : 2021-07-22
Marxism And Decolonization In The 21st Century written by Sabelo J. Ndlovu-Gatsheni and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-22 with Political Science categories.
Marxism and Decolonization in the 21st Century is a ground-breaking work that highlights the resurgence and insurgence of Marxism and decolonization, and the ways in which decolonization and decoloniality are grounded in the contributions of Black Marxism, the Radical Black tradition, and anti-colonial liberation traditions. Featuring leading and young scholars and activists, this book is a practical scholarly intervention that shows how democratic Marxism and decoloniality might converge to provoke planetary decolonization in the 21st century. At the centre of this process, enabled by both increasing human entanglements and the resilience of racism, the volume's contributors analyse converging forces of anti-imperialism, anti-colonialism, anti-patriarchy, anti-sexism, Indigenous People’s movements, eco-feminist formations, and intellectual movements levelled against Eurocentrism. This book will be of great interest to students, scholars, and intellectuals interested in Marxism, decolonization, and transnational activism.
Value And Unequal Exchange In International Trade
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Author : Andrea Ricci
language : en
Publisher: Routledge
Release Date : 2021-05-20
Value And Unequal Exchange In International Trade written by Andrea Ricci and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-20 with Business & Economics categories.
Contrary to the claims made by neoliberal governments and mainstream academics, this book argues that the huge increase in trade in recent decades has not made the world a fairer place: instead, the age of globalization has become a time of mass migration caused by increasing global inequality. The theory of unequal exchange challenges the free trade doctrine, claiming that transfers of value from poorer to richer countries are hidden behind apparently equivalent market transactions. Following a critical review of the existing approaches, the book proposes a general theory of unequal exchange in the light of an innovative reconstruction of Marx’s international law of value, in which money and exchange rates play a crucial role in decoupling value captured from value produced by different countries, even in perfectly competitive world markets. On this theoretical basis, the book provides an empirical analysis of the international transfers of value in both traditional trade and Global Value Chains. The resulting world mapping of unequal exchange shows the geographical hierarchy of capital global exploitation by revealing a world divided into two quite separate camps of donor and receiving countries, the former being the poorer countries and the latter the richer countries. This book is addressed to scholars and students of economics and social sciences, as well as activists of the North and the South, interested in a better understanding of the asymmetric power relations implied in global trade. It makes a significant contribution to the literature on political economy, trade, Marxism, international relations, and economic geography.