Advertisement
| understanding capital marx's economic theory: Understanding Capital Duncan K. Foley, 1986-11-23 Understanding Capital is a brilliantly lucid introduction to Marxist economic theory. Duncan Foley builds an understanding of the theory systematically, from first principles through the definition of central concepts to the development of important applications. All of the topics in the three volumes of Capital are included, providing the reader with a complete view of Marxist economics. Foley begins with a helpful discussion of philosophical problems readers often encounter in tackling Marx, including questions of epistemology, explanation, prediction, determinism, and dialectics. In an original extension of theory, he develops the often neglected concept of the circuit of capital to analyze Marx’s theory of the reproduction of capital. He also takes up central problems in the capitalist economy: equalization of the rates of profit (the “transformation problem”); productive and unproductive labor and the division of surplus value; and the falling rate of profit. He concludes with a discussion of the theory of capitalist crisis and of the relation of Marx’s critique of capitalism to his conception of socialism. Through a careful treatment of the theory of money in relation to the labor theory of value, Foley clarifies the relation of prices to value and of Marx’s categories of analysis to conventional business and national income accounts, enabling readers to use Marx’s theory as a tool for the analysis of practical problems. The text is closely keyed throughout to the relevant chapters in Capital and includes suggestions for further reading on the topics discussed. |
| understanding capital marx's economic theory: The Economic Ideas of Marx's Capital Ludo Cuyvers, 2016-09-13 Nearly two hundred years have passed since the birth of Karl Marx and continuing to this day the influence of his economic views, insights and theories can still be felt. However, since the publication of Das Kapital, the scientific community has not been sitting idle – it is time to evaluate Marx as an economist and explore what he can bring to modern economic thinking, particularly post-Keynesian economics. Starting with Marx’s schemes of reproduction, which, it is shown, are the basis of the linear model of production as used since the 1960s by Piero Sraffa, Michio Morishima and others, the book reviews and assesses Marx’s major economic theses. These include: the labour theory of value; accumulation and technical change and its impact on labour; the concept of unproductive labour; the tendential falling rate of profits; the evolution and determinants of the share of wages in national income; as well as short-run and long-run economic dynamics. The Economic Ideas of Marx's Capital updates the theses of the labour theory of value and the conditions for balanced growth using the recent scholarly literature, and also further develops issues related to Marx’s concept of productive labour. Moreover, the book analyses the intellectual relationship of Marx’s economic theory with post-Keynesian neo-Marxism, particularly in the writings of Michal Kalecki, Joan Robinson and others. By doing so, the book shows the need and possibilities of integrating major insights of Marxist and post-Keynesian theory. This volume will be of interest to those who wish to explore Marx’s economic theories through a non-ideological approach, as well as students of Marxist economics, post-Keynesian economics and the history of economic thought. |
| understanding capital marx's economic theory: The Logic of Capital Deepankar Basu, 2022-02-03 This book presents the main economic argument developed by Marx in the three volumes of Capital in a coherent and comprehensive manner. It also delves into three long-standing debates in Marxist political economy: the transformation problem, the Okishio theorem, and theories of exploitation and oppression. Starting with discussions of methodology, including dialectics and historical materialism, the book explains key concepts of Marxist political economy: commodity, value, money, capital, reserve army of labour, accumulation of capital, circuit of capital, reproduction schemas, prices of production, profit, interest and rent. Scholars of economics, sociology, geography, political science, anthropology, and other kindred disciplines, will find here an accessible yet rigorous treatment of Marxist political economy. |
| understanding capital marx's economic theory: An Introduction to the Three Volumes of Karl Marx's Capital Michael Heinrich, 2012-06-01 The global economic crisis and recession that began in 2008 had at least one unexpected outcome: a surge in sales of Karl Marx's Capital. Although mainstream economists and commentators once dismissed Marx's work as outmoded and flawed, some are begrudgingly acknowledging an analysis that sees capitalism as inherently unstable. And of course, there are those, like Michael Heinrich, who have seen the value of Marx all along, and are in a unique position to explain the intricacies of Marx's thought. Heinrich's modern interpretation of Capital is now available to English-speaking readers for the first time. It has gone through nine editions in Germany, is the standard work for Marxist study groups, and is used widely in German universities. The author systematically covers all three volumes of Capital and explains all the basic aspects of Marx's critique of capitalism in a way that is clear and concise. He provides background information on the intellectual and political milieu in which Marx worked, and looks at crucial issues beyond the scope of Capital, such as class struggle, the relationship between capital and the state, accusations of historical determinism, and Marx's understanding of communism. Uniquely, Heinrich emphasizes the monetary character of Marx's work, in addition to the traditional emphasis on the labor theory of value, this highlighting the relevance of Capital to the age of financial explosions and implosions. |
| understanding capital marx's economic theory: Marx, Capital, and the Madness of Economic Reason David Harvey, 2017-10-05 Karl Marx's Capital is one of the most important texts written in the modern era. Since 1867, when the first of its three volumes was published, it has had a profound effect on politics and economics in theory and practice throughout the world. But Marx wrote in the context of capitalism in the second half of the nineteenth century, and his assumptions and analysis need to be updated in order to address to the technological, economic, and industrial change that has followed Capital's initial publication. In Marx, Capital, and the Madness of Economic Reason, David Harvey not only provides a concise distillation of his famous course on Capital, but also makes the text relevant to the twenty-first century's continuing processes of globalization. This book serves as an accessible window into Harvey's unique approach to Marxism and takes readers on a riveting roller coaster ride through recent global history. It demonstrates how and why Capital remains a living, breathing document with an outsized influence on contemporary social thought. |
| understanding capital marx's economic theory: The Formation of the Economic Thought of Karl Marx Ernest Mandel, 2016-09-06 A clear and compact guide to Marx’s road to Das Kapital Ernest Mandel traces the development of Marx’s economic ideas from the Economic and Philosophical Manuscripts to the completion of the Grundrisse. In a series of crystalline chapters, he provides an overview of subjects central to Marxist economic theory. Mandel focuses on Marx’s concept of alienation, which gained much currency among Marxists in the twentieth century, and traces the development of debates surrounding the labour theory of value, and Marx’s writings on communism and “crisis.” These discussions remain pertinent today, and these texts vital to all those who wish to interpret and to change the world. |
| understanding capital marx's economic theory: Marx's 'Capital' (Routledge Revivals) Geoffrey Pilling, 2009-12-16 Marx’s Capital has of course been widely read; this revival of a systematic study by Geoffrey Pilling, originally published in 1980, argues powerfully that, in order to understand Capital fully, it is necessary to have read and understood Hegel’s Logic. This argument leads to a detailed examination of the opening chapters of Capital, and a re-examination of their significance for the work as a whole. Pilling emphasizes the fundamental nature of the break between Marx’s Capital and all forms of classical political economy, and stresses the revolutionary nature of Marx’s critique of political economy as one of the foundations of Capital. He also lays particular emphasis on the philosophical aspects of the work, so often neglected by British commentators, and puts forward the view that Marx’s notion of fetishism, often looked upon as incidental to his work, is in fact central to his entire critique of political economy. |
| understanding capital marx's economic theory: Labour and Value: Rethinking Marx’s Theory of Exploitation Ernesto Screpanti, 2019-10-09 In this book Ernesto Screpanti provides a rigorous examination of Marx’s theory of exploitation, one of the cornerstones of Marxist thought. With precision and clarity, he identifies the holes in traditional readings of Marx’s theory before advancing his own original interpretation, drawing on contemporary philosophy and economic theory to provide a refreshingly interdisciplinary exegesis. Screpanti’s arguments are delivered with perspicuity and verve: this is a book that aims to spark a debate. He exposes ambiguities present in Marx’s exposition of his own theory, especially when dealing with the employment contract and the notions of ‘abstract labor’ and ‘labor value’, and he argues that these ambiguities have given rise to misunderstandings in previous analyses of Marx’s theory of exploitation. Screpanti’s own interpretation is a meticulously argued counterpoint to these traditional interpretations. Labour and Value is a significant contribution to the theory of economics, particularly Marxist economics. It will also be of great interest to scholars in other disciplines including sociology, political science, and moral and political philosophy. Screpanti’s clear and engaging writing style will attract the interested general reader as well as the academic theorist. |
| understanding capital marx's economic theory: How to Read Marx's Capital Michael Heinrich, 2021-08-23 An accessible companion to Karl Marx's essential Capital With the recent revival of Karl Marx's theory, a general interest in reading Capital has also increased. But Capital—Marx’s foundational nineteenth-century work on political economy—is by no means considered an easily understood text. Central concepts, such as abstract labor, the value-form, or the fetishism of commodities, can seem opaque to us as first-time readers, and the prospect of comprehending Marx’s thought can be truly daunting. Until, that is, we pick up Michael Heinrich’s How to Read Marx's Capital. Paragraph by paragraph, Heinrich provides extensive commentary and lucid explanations of questions and quandaries that arise when encountering Marx’s original text. Suddenly, such seemingly gnarly chapters as “The Labor Process and the Valorization Process” and “Money or the Circulation of Capital” become refreshingly clear, as Heinrich explains just what we need to keep in mind when reading such a complex text. Deploying multiple appendices referring to other pertinent writings by Marx, Heinrich reveals what is relevant about Capital, and why we need to engage with it today. How to Read Marx's Capital provides an illuminating and indispensable guide to sorting through cultural detritus of a world whose political and economic systems are simultaneously imploding and exploding. |
| understanding capital marx's economic theory: Representing 'Capital' Fredric Jameson, 2014-01-07 Representing Capital, Fredric Jameson's first book-length engagement with Marx's magnum opus, is a unique work of scholarship that records the progression of Marx's thought as if it were a musical score. The textual landscape that emerges is the setting for paradoxes and contradictions that struggle toward resolution, giving rise to new antinomies and a new forward movement. These immense segments overlap each other to combine and develop on new levels in the same way that capital itself does, stumbling against obstacles that it overcomes by progressive expansions, which are in themselves so many leaps into the unknown. |
| understanding capital marx's economic theory: Money and Totality Fred Moseley, 2017-02-21 Correcting a longstanding misinterpretation, Moseley argues that there is no 'transformation problem' in Marx's economic theory. |
| understanding capital marx's economic theory: Understanding Capital Duncan K. Foley, 1986-11-13 Understanding Capital is a brilliantly lucid introduction to Marxist economic theory. Duncan Foley builds an understanding of the theory systematically, from first principles through the definition of central concepts to the development of important applications. All of the topics in the three volumes of Capital are included, providing the reader with a complete view of Marxist economics. Foley begins with a helpful discussion of philosophical problems readers often encounter in tackling Marx, including questions of epistemology, explanation, prediction, determinism, and dialectics. In an original extension of theory, he develops the often neglected concept of the circuit of capital to analyze Marx’s theory of the reproduction of capital. He also takes up central problems in the capitalist economy: equalization of the rates of profit (the “transformation problem”); productive and unproductive labor and the division of surplus value; and the falling rate of profit. He concludes with a discussion of the theory of capitalist crisis and of the relation of Marx’s critique of capitalism to his conception of socialism. Through a careful treatment of the theory of money in relation to the labor theory of value, Foley clarifies the relation of prices to value and of Marx’s categories of analysis to conventional business and national income accounts, enabling readers to use Marx’s theory as a tool for the analysis of practical problems. The text is closely keyed throughout to the relevant chapters in Capital and includes suggestions for further reading on the topics discussed. |
| understanding capital marx's economic theory: A Guide to Marx's 'Capital' Vols IIII Kenneth Smith, 2012-11-15 This book provides a comprehensive guide to all three volumes of Karl Marx’s ‘Capital’, with advice on further reading and points for further discussion. Recognizing the contemporary relevance of ‘Capital’ in the midst of the current financial crisis, Kenneth Smith has produced an essential guide to Marx’s ideas, particularly on the subject of the circulation of money-capital. This guide uniquely presents the three volumes of ‘Capital’ in a different order of reading to that in which they were published, placing them instead in the order that Marx himself sometimes recommended as a more user-friendly way of reading. Dr Smith also argues that for most of the twentieth century, the full development of the capitalist mode of production (CMP) has been undermined by the existence of a non-capitalist ‘third world’, which has caused the CMP to take on the form of what Marx called a highly developed mercantile system, rather than one characterized by an uninterrupted circuit of industrial capital of the kind he expected would develop. While the guide can be read as a book in its own right, it also contains detailed references to Volumes I–III so that students, seminars and discussion groups can easily make connections between Smith’s explanations and the relevant parts of ‘Capital’. |
| understanding capital marx's economic theory: Marx's 'Capital' - Sixth Edition Ben Fine, Alfredo Saad-Filho, 2016 Fully revised and updated sixth edition of the internationally established guide to Marx's Capital. |
| understanding capital marx's economic theory: Understanding Marx Robert Paul Wolff, 2014-07 Robert Paul Wolff explains the development of the classical theory of value from Adam Smith to Karl Marx in a form readily accessible to readers unfamiliar with anything more than high school algebra, while at the same time offering to the specialist a fundamental criticism of Marxian political economy and an original and controversial interpretation of Capital. He clarifies recent mathematical reinterpretations of classical political economy, so that philosophers, political scientists, psychologists, and sociologists interested in Marx's theories can understand the modern rehabilitation of his political economy. Originally published in 1985. |
| understanding capital marx's economic theory: A People's Guide to Capitalism Hadas Thier, 2018-06-02 A lively, accessible, and timely guide to Marxist economics for those who want to understand and dismantle the world of the 1%. Economists regularly promote Capitalism as the greatest system ever to grace the planet. With the same breath, they implore us to leave the job of understanding the magical powers of the market to the “experts.” Despite the efforts of these mainstream commentators to convince us otherwise, many of us have begun to question why this system has produced such vast inequality and wanton disregard for its own environmental destruction. This book offers answers to exactly these questions on their own terms: in the form of a radical economic theory. “Thier’s urgently needed book strips away jargon to make Marx’s essential work accessible to today’s diverse mass movements.” —Sarah Leonard, contributing editor to The Nation “A great book for proletarian chain-breaking.” —Rob Larson, author of Bit Tyrants: The Political Economy of Silicon Valley “Thier unpacks the mystery of capitalist inequality with lucid and accessible prose . . . . We will need books like A People’s Guide to help us make sense of the root causes of the financial crises that shape so many of our struggles today.” —Keeanga-Yamahtta Taylor, author of Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership “Ranging from exploitation at work to the operations of modern finance, this book takes the reader through a fine-tuned introduction to Marx’s analysis of the modern economy . . . . Thier combines theoretical explanation with contemporary examples to illuminate the inner workings of capitalism . . . . Reminds us of the urgent need for alternatives to a crisis-ridden system.” —David McNally, author of Blood and Money |
| understanding capital marx's economic theory: Marx's Inferno William Clare Roberts, 2016-12-20 Marx’s Inferno reconstructs the major arguments of Karl Marx’s Capital and inaugurates a completely new reading of a seminal classic. Rather than simply a critique of classical political economy, William Roberts argues that Capital was primarily a careful engagement with the motives and aims of the workers’ movement. Understood in this light, Capital emerges as a profound work of political theory. Placing Marx against the background of nineteenth-century socialism, Roberts shows how Capital was ingeniously modeled on Dante’s Inferno, and how Marx, playing the role of Virgil for the proletariat, introduced partisans of workers’ emancipation to the secret depths of the modern “social Hell.” In this manner, Marx revised republican ideas of freedom in response to the rise of capitalism. Combining research on Marx’s interlocutors, textual scholarship, and forays into recent debates, Roberts traces the continuities linking Marx’s theory of capitalism to the tradition of republican political thought. He immerses the reader in socialist debates about the nature of commerce, the experience of labor, the power of bosses and managers, and the possibilities of political organization. Roberts rescues those debates from the past, and shows how they speak to ever-renewed concerns about political life in today’s world. |
| understanding capital marx's economic theory: Exploring Marx's Capital Jacques Bidet, 2007 Offers a fresh interpretation of Marx's great work. This book shows how the novelty and lasting interest of Marx's theory arises from the fact that, as against the project of a 'pure' economics, it is formulated in concepts that have simultaneously an economic and a political aspect, neither of these being separable from the other. |
| understanding capital marx's economic theory: The Value of Marx Alfredo Saad Filho, 2001-11-29 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. |
| understanding capital marx's economic theory: Beyond Capital M. Lebowitz, 2003-06-20 Winner of The Deutscher Memorial Prize 2004. In a completely reworked edition of his classic (1991) volume, Michael A. Lebowitz explores the implications of the book on wage-labour that Marx originally intended to write. Focusing upon critical assumptions in Capital that were to be removed in Wage-Labour and upon Marx's methodology, Lebowitz stresses the one-sidedness of Marx's Capital and argues that the side of the workers, their goals and their struggles in capitalism have been ignored by a monolithic Marxism characterized by determinism, reductionism and a silence on human experience. |
| understanding capital marx's economic theory: Marx’s Capital, Capitalism and Limits to the State Raju J Das, 2022-06-01 Marx’s Capital, Capitalism and Limits to the State examines the capitalist state in the abstract, and as it exists in advanced capitalism and peripheral capitalism, illustrating the ideas with evidence from the North and the South. The volume unpacks the capitalist state’s functions in relation to commodity relations, private property, and the crisis-ridden production of (surplus) value as a part of the capital circuit (M-C-M′). It also examines state’s political and geographical forms. It argues that no matter how autonomous it is, the state cannot meet the pressing needs of the masses significantly and sustainably. This is not because of so-called capitalist constraints, but because the state is inherently capitalist. Each chapter begins with Capital volume 1. And each chapter ends with theoretical/practical implications of the ideas which taken together counter existing state theory’s focus on state autonomy and reforms and point to the necessity for the masses to establish a new transitional democratic state. But the book goes ‘beyond’ Marx too, as it deploys the combined Marxism of 19th and 20th centuries. Marx’s Capital, Capitalism and Limits to the State will interest scholars researching state-society/economy relations. It is suitable for university students as well as established scholars in sociology, political science, heterodox economics, human geography, and international development. |
| understanding capital marx's economic theory: Theory as Critique Paul Mattick, 2019 Theory as Critique argues that the key to understanding Marx's Capital lies in viewing it as a critique of economic theory. |
| understanding capital marx's economic theory: Analytical Foundations of Marxian Economic Theory John E. Roemer, 1981 This book gives a rigorous view of classical Marxian economic theory by presenting specific analytic models. |
| understanding capital marx's economic theory: Hegel's Ontology of Power Arash Abazari, 2020-07-30 This book develops a genuinely critical theory of capitalism based on Hegel's Science of Logic. |
| understanding capital marx's economic theory: Das Kapital Karl Marx, 2012-03-27 One of the most notorious works of modern times, as well as one of the most influential, Capital is an incisive critique of private property and the social relations it generates. Living in exile in England, where this work was largely written, Marx drew on a wide-ranging knowledge of its society to support his analysis and generate fresh insights. Arguing that capitalism would create an ever-increasing division in wealth and welfare, he predicted its abolition and replacement by a system with common ownership of the means of production. Capital rapidly acquired readership among the leaders of social democratic parties, particularly in Russia and Germany, and ultimately throughout the world, to become a work described by Marx's friend and collaborator Friedrich Engels as 'the Bible of the Working Class'. |
| understanding capital marx's economic theory: The Nature of Capital Richard Marsden, 1999-08-26 Original in conception and bold in its diagnosis, this work will be welcomed by students of, and researchers in, economics, social theory, Marx, Foucault and postmodernity. |
| understanding capital marx's economic theory: Marx's Capital and Hegel's Logic Fred Moseley, Tony Smith, 2015-05-05 Marxist economists and philosophers debate the impact of Hegel on Marx, and the insights gained by reading Hegel through Marx. |
| understanding capital marx's economic theory: Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value Samir Amin, 2018-02-22 The complete collection of Samir Amin's work on Marxism value theory 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. |
| understanding capital marx's economic theory: What is Marxism? Rob Sewell, Alan Woods, 2015 In this epoch of instability, crisis, war and ever-growing inequality, Marxism is becoming an increasingly attractive proposition to millions of workers and young people around the world. The old mole of revolution, to use Karl Marx’s own phrase, is burrowing deep into the foundations of society. And yet we are repeatedly told that Marxism is either irrelevant, or out-dated, or even dead. Yet, if that were true, why are so many books and articles churned out year-on-year attacking Marxism? Clearly the powers that be are rattled or indeed frightened by these “dead” ideas. So what is this set of ideas that frightens them so much? Marxism – or scientific socialism – is the name given to the body of ideas first worked out by Karl Marx and Friedrich Engels more than 150 years ago. In their totality, these ideas provide a fully worked-out theoretical basis for the struggle of the working class to attain a higher form of human society – socialism. This book is aimed specifically at newcomers to Marxism. A bestseller now in its second edition, it comprises introductory pieces on the three component parts of Marxist theory, corresponding broadly to philosophy, social history and economics: dialectical materialism, historical materialism and Marxist economics. Complementing these introductions are key extracts from some of the great works of Marxism written by its most outstanding figures – Marx, Engels, Lenin and Trotsky. |
| understanding capital marx's economic theory: The Theory of Monopoly Capitalism John Bellamy Foster, 2014-04 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. |
| understanding capital marx's economic theory: Reclaiming Marx's Capital Andrew Kliman, 2007-01-01 This book reclaims Marx's Capital from the myth of inconsistency. An accessible account written for non-specialist readers, it shows that the inconsistencies are actually caused by misinterpretation; the recent temporal single-system interpretation eliminates all of the alleged inconsistencies. |
| understanding capital marx's economic theory: The Hegel-Marx Connection T. Burns, I. Fraser, 2000-07-19 A major and timely re-examination of key areas in the social and political thought of Hegel and Marx. The editors' extensive introduction surveys the development of the connection from the Young Hegelians through the main Marxist thinkers to contemporary debates. Leading scholars including Terrell Carver, Chris Arthur and Gary Browning debate themes such as: the nature of the connection itself; scientific method; political economy; the Hegelian basis to Marx's 'Doctoral Dissertation'; human needs; history and international relations. |
| understanding capital marx's economic theory: Karl Marx and the Close of His System Eugen von Böhm-Bawerk, 1898 |
| understanding capital marx's economic theory: Marx Matters David Fasenfest, 2022 Marx Matters is an examination of how Marx remains more relevant than ever in dealing with contemporary crises. This volume explores how technical dimensions of a Marxian analytic frame remains relevant to our understanding of inequality, of exploitation and oppression, and of financialization in the age of global capitalism. Contributors track Marx in promoting emancipatory practices in Latin America, tackle how Marx informs issues of race and gender, explore current social movements and the populist turn, and demonstrate how Marx can guide strategies to deal with the existential environmental crises of the day. Marx matters because Marx still provides the best analysis of the capitalism as a system, and his ideas still point to how society can organize for a better world-- |
| understanding capital marx's economic theory: An Introduction to Marxist Economic Theory Ernest Mandel, 2002 |
| understanding capital marx's economic theory: Essays on Marx’s Capital Geert Reuten, 2024-05-13 In this book Geert Reuten presents 21 of his previously published essays on the three volumes Marx’s Capital, dating from 1991–2019. The essays largely take the form of a summary of Marx’s text (a Volume or its Parts or Chapters) followed by an appreciation and (when required) a reconstruction. The book thus offers an overview of each of the three volumes of Capital, including their interconnection, as well as a focus on specific Parts of Capital. Throughout the general overviews and more focused analyses, Reuten emphasises Marx’s systematic-dialectical method and his monetary value-form analysis. |
| understanding capital marx's economic theory: Beyond Market Dystopia: New Ways of Living Greg Albo, Leo Panitch, 2019-12-23 Essays which aim to create a world of agency and justice How can we build a future with better health and homes, respecting people and the environment? The 2020 edition of the Socialist Register, Beyond Market Dystopia, contains a wealth of incisive essays that entice readers to do just that: to wake up to the cynical, implicitly market-driven concept of human society we have come to accept as everyday reality. Intellectuals and activists such as Michelle Chin, Nancy Fraser, Arun Gupta, and Jeremy Brecher connect with and go beyond classical socialist themes, to combine an analysis of how we are living now with visions and plans for new strategic, programmatic, manifesto-oriented alternative ways of living. |
| understanding capital marx's economic theory: Marx’s Theory of Money F. Moseley, 2004-12-07 This book provides a contemporary assessment of Marx's theory of money. This theory is often praised as one of Marx's greatest achievements, especially when compared with either classical or neoclassical economics. On the other hand, Marx's theory of money has also been severely criticized, especially that it seems to require that money be a produced commodity. The contributors to the volume provide a wide-ranging and in-depth appraisal of the strengths and weaknesses of Marx's theory of money, compared to other theories of money. |
| understanding capital marx's economic theory: Value and the World Economy Today R. Westra, A. Zuege, 2003-11-30 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. |
| understanding capital marx's economic theory: History of Economic Thought E. K. Hunt, 2015-05-18 The new edition of this classroom classic retains the organizing theme of the original text, presenting the development of thought within the context of economic history. Economic ideas are framed in terms of the spheres of production and circulation, with a critical analysis of how past theorists presented their ideas. |
UNDERSTANDING Definition & Meaning - Merriam-Webster
The meaning of UNDERSTANDING is a mental grasp : comprehension. How to use understanding in a sentence.
UNDERSTANDING | English meaning - Cambridge Dictionary
UNDERSTANDING definition: 1. knowledge about a subject, situation, etc. or about how something works: 2. a particular way in…. Learn more.
Understanding - Wikipedia
Understanding is a cognitive process related to an abstract or physical object, such as a person, situation, or message whereby one is able to use concepts to model that object. Understanding …
UNDERSTANDING Definition & Meaning - Dictionary.com
characterized by understanding; prompted by, based on, or demonstrating comprehension, intelligence, discernment, empathy, or the like.
Understanding - Definition, Meaning & Synonyms
The sum of your knowledge of a certain topic, is your understanding of it. This can change, or deepen as you learn more. But being an understanding person doesn't take a lot of studying — …
understanding noun - Definition, pictures, pronunciation and …
Definition of understanding noun from the Oxford Advanced Learner's Dictionary. [uncountable, singular] understanding (of something) the knowledge that somebody has about a particular …
UNDERSTANDING definition and meaning | Collins English …
If you have an understanding of something, you know how it works or know what it means. If you are understanding towards someone, you are kind and forgiving. Her boss, who was very …
Understanding - definition of understanding by ... - The Free …
1. the mental process of a person who understands; comprehension; personal interpretation. 2. intellectual faculties; intelligence. 3. knowledge of or familiarity with a particular thing. 5. a …
What does Understanding mean? - Definitions.net
Understanding is a relation between the knower and an object of understanding. Understanding implies abilities and dispositions with respect to an object of knowledge sufficient to support …
514 Synonyms & Antonyms for UNDERSTAND | Thesaurus.com
He described a "mismatch" between the expectation and understanding of the shared owner and the landlord. "It is important that the fate of pesticides and other chemicals in the environment …
UNDERSTANDING Definition & Meaning - Merriam-Webster
The meaning of UNDERSTANDING is a mental grasp : comprehension. How to use understanding in a sentence.
UNDERSTANDING | English meaning - Cambridge Dictionary
UNDERSTANDING definition: 1. knowledge about a subject, situation, etc. or about how something works: 2. a particular way in…. Learn more.
Understanding - Wikipedia
Understanding is a cognitive process related to an abstract or physical object, such as a person, situation, or message whereby one is able to use concepts to model that object. Understanding …
UNDERSTANDING Definition & Meaning - Dictionary.com
characterized by understanding; prompted by, based on, or demonstrating comprehension, intelligence, discernment, empathy, or the like.
Understanding - Definition, Meaning & Synonyms
The sum of your knowledge of a certain topic, is your understanding of it. This can change, or deepen as you learn more. But being an understanding person doesn't take a lot of studying — …
understanding noun - Definition, pictures, pronunciation and …
Definition of understanding noun from the Oxford Advanced Learner's Dictionary. [uncountable, singular] understanding (of something) the knowledge that somebody has about a particular …
UNDERSTANDING definition and meaning | Collins English …
If you have an understanding of something, you know how it works or know what it means. If you are understanding towards someone, you are kind and forgiving. Her boss, who was very …
Understanding - definition of understanding by ... - The Free …
1. the mental process of a person who understands; comprehension; personal interpretation. 2. intellectual faculties; intelligence. 3. knowledge of or familiarity with a particular thing. 5. a …
What does Understanding mean? - Definitions.net
Understanding is a relation between the knower and an object of understanding. Understanding implies abilities and dispositions with respect to an object of knowledge sufficient to support …
514 Synonyms & Antonyms for UNDERSTAND | Thesaurus.com
He described a "mismatch" between the expectation and understanding of the shared owner and the landlord. "It is important that the fate of pesticides and other chemicals in the environment …
