The New Value Controversy And The Foundations Of Economics
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The New Value Controversy And The Foundations Of Economics
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Author : Alan Freeman
language : en
Publisher: Edward Elgar Publishing
Release Date : 2004-02-25
The New Value Controversy And The Foundations Of Economics written by Alan Freeman and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-02-25 with Business & Economics categories.
The papers that comprise this collection introduce key advances in modern value theory. Equilibrium and non-equilibrium approaches are discussed alongside the theory behind abstract labour and money.
The Value Controversy
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Author : Ian Steedman
language : en
Publisher: Verso
Release Date : 1981
The Value Controversy written by Ian Steedman and has been published by Verso this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Business & Economics categories.
One of the fruits of the revival of socialist economic theory over the past decade has been a wide-ranging debate about the validity of Marx’s labour theory of value. At the heart of the discussion stands the theoretical work of Piero Sraffa and the conclusions drawn from it by such economists as Ian Steedman. Initially confined to a relatively narrow circle of specialists, the controversy about value theory has since spread to wider circles of the left. But although general awareness that the stakes of the dispute are of concern to all socialists is now extensive, understanding of the issues involved has remained more restricted than need be. This volume presents, for the first time, a comprehensive yet accessible overview of the discussion. The essays discuss not only the value debate itself, but also its relevance to such issues as capitalist crisis, the theory of exploitation, and historical materialism. Comprehensible to the non-specialist, but without sacrificing rigour or oversimplifying the issues, the articles assembled here offer a definitive summary of the current state of one of the crucial aspects of Marxist thought.
The Empire Of Value
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Author : Andre Orlean
language : en
Publisher: MIT Press
Release Date : 2023-10-31
The Empire Of Value written by Andre Orlean and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-31 with Business & Economics categories.
An argument that conceiving of economic value as a social force makes it possible to develop a new and more powerful theory of market behavior. With the advent of the 2007–2008 financial crisis, the economics profession itself entered into a crisis of legitimacy from which it has yet to emerge. Despite the obviousness of their failures, however, economists continue to rely on the same methods and to proceed from the same underlying assumptions. André Orléan challenges the neoclassical paradigm in this book, with a new way of thinking about perhaps its most fundamental concept, economic value. Orléan argues that value is not bound up with labor, or utility, or any other property that preexists market exchange. Economic value, he contends, is a social force whose vast sphere of influence, amounting to a kind of empire, extends to every aspect of economic life. Markets are based on the identification of value with money, and exchange value can only be regarded as a social institution. Financial markets, for example, instead of defining an extrinsic, objective value for securities, act as a mechanism for arriving at a reference price that will be accepted by all investors. What economists must therefore study, Orléan urges, is the hold that value has over individuals and how it shapes their perceptions and behavior. Awarded the prestigious Prix Paul Ricoeur on its original publication in France in 2011, The Empire of Value has been substantially revised and enlarged for this edition, with an entirely new section discussing the financial crisis of 2007–2008.
The Empire Of Value
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Author : André Orléan
language : en
Publisher:
Release Date : 2014-06-06
The Empire Of Value written by André Orléan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-06 with Business & Economics categories.
With the advent of the 2007--2008 financial crisis, the economics profession itself entered into a crisis of legitimacy from which it has yet to emerge. Despite the obviousness of their failures, however, economists continue to rely on the same methods and to proceed from the same underlying assumptions. André Orléan challenges the neoclassical paradigm in this book, with a new way of thinking about perhaps its most fundamental concept, economic value. Orléan argues that value is not bound up with labor, or utility, or any other property that preexists market exchange. Economic value, he contends, is a social force whose vast sphere of influence, amounting to a kind of empire, extends to every aspect of economic life. Markets are based on the identification of value with money, and exchange value can only be regarded as a social institution. Financial markets, for example, instead of defining an extrinsic, objective value for securities, act as a mechanism for arriving at a reference price that will be accepted by all investors. What economists must therefore study, Orléan urges, is the hold that value has over individuals and how it shapes their perceptions and behavior. Awarded the prestigious Prix Paul Ricoeur on its original publication in France in 2011, The Empire of Value has been substantially revised and enlarged for this edition, with an entirely new section discussing the financial crisis of 2007--2008.
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.
This book constitutes an overview of recent developments in political economy in general, and Marxist value theory in particular. The implications of value theory for bank credit, inflation and deflation are fully explored.
Reclaiming Marx S Capital
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Author : Andrew Kliman
language : en
Publisher: Lexington Books
Release Date : 2007
Reclaiming Marx S Capital written by Andrew Kliman and has been published by Lexington Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Political Science categories.
Attempts to reclaim Marx's Capital from the myth of inconsistency. This book is intended for non-specialist readers, and shows that the inconsistencies are actually caused by misinterpretation; the temporal single-system interpretation eliminates all of the alleged inconsistencies.
The Labour Theory Of Value
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Author : Peter C. Dooley
language : en
Publisher: Routledge
Release Date : 2005-05-24
The Labour Theory Of Value written by Peter C. Dooley and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-05-24 with Business & Economics categories.
Exploring the origins and development of the labour theory of value, Peter Dooley examines its emergence from the natural law philosopher of the sixteenth and seventeenth century and its domination of the classical school of economics. This book will prove to be essential reading for all students of the history of economics.
Analytical Foundations Of Marxian Economic Theory
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Author : John E. Roemer
language : en
Publisher: Cambridge University Press
Release Date : 1981
Analytical Foundations Of Marxian Economic Theory written by John E. Roemer and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Business & Economics categories.
This book gives a rigorous view of classical Marxian economic theory by presenting specific analytic models.
Routledge Handbook Of Marxian Economics
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Author : David M. Brennan
language : en
Publisher: Taylor & Francis
Release Date : 2017-03-16
Routledge Handbook Of Marxian Economics written by David M. Brennan and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-16 with Business & Economics categories.
Most developed economies are characterized by high levels of inequality and an inability to provide stability or opportunity for many of their citizens. Mainstream economics has proven to be of little assistance in addressing these systemic failures, and this has led both scholars and students to seek alternatives. One such alternative is provided by Marxian economics. In recent decades the field has seen tremendous theoretical development and Marxian perspectives have begun to appear in public discourse in unprecedented ways. This handbook contains thirty-seven original essays from a wide range of leading international scholars, recognized for their expertise in different areas of Marxian economics. Its scope is broad, ranging from contributions on familiar Marxist concepts such as value theory, the labor process, accumulation, crisis and socialism, to others not always associated with the Marxian canon, like feminism, ecology, international migration and epistemology. This breadth of coverage reflects the development of Marxian economic and social theory, and encompasses both the history and the frontiers of current scholarship. This handbook provides an extensive statement of the current shape and future direction of Marxian economics. The Routledge Handbook of Marxian Economics is an invaluable resource for students, researchers and policy makers seeking guidance in this field. It is designed to serve both as a reference work and as a supplementary text for classroom use, with applications for courses in economics, sociology, political science, management, anthropology, development studies, philosophy and history.
Value And The World Economy Today
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Author : R. Westra
language : en
Publisher: Springer
Release Date : 2003-11-30
Value And The World Economy Today written by R. Westra and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-11-30 with Political Science categories.
Value and the World Economy Today brings together a diverse group of globally renowned scholars of international political economy and critical economics to examine the relevance of value theory for understanding the world economy today. The book is unique in the way that it connects literatures that have for the most part developed in isolation from each other and therefore brings questions of theory to bear directly upon the problems of analyzing current global trends and formulating responses to them.