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Analytical Foundations of Marxian Economic Theory

Analytical Foundations of Marxian Economic Theory
Author: John E. Roemer
Publisher: Cambridge University Press
Total Pages: 234
Release: 1981
Genre: Business & Economics
ISBN: 9780521347754

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This book gives a rigorous view of classical Marxian economic theory by presenting specific analytic models.


Money and Abstract Labour

Money and Abstract Labour
Author: Ulrich Krause
Publisher: Verso Books
Total Pages: 200
Release: 2020-05-05
Genre: Political Science
ISBN: 1789606675

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Recent trends in Marxist economic theory have sponsored the methods of modern logic and mathematics. In doing so, they have displaced not only the relatively philosophical style of reflection found in Capital but also certain key problems addressed there by Marx. Ulrich Krause breaks new ground by applying mathematical techniques in an analysis of labor, money and exchange. Rejecting the notion of "homogeneous labor" as a basis of value theory, Krause develops his own understanding of the Marxist concept of "abstract labor," which he then integrates with an analysis of money in the process of commodity exchange. His book concludes with a new discussion of Marx's theory of value and surplus-value. Money & Abstract Labour is a major intervention in one of the most vigorously contested areas of contemporary economic theory.


Marx, Veblen, and the Foundations of Heterodox Economics

Marx, Veblen, and the Foundations of Heterodox Economics
Author: Tae-Hee Jo
Publisher: Routledge
Total Pages: 365
Release: 2015-07-30
Genre: Business & Economics
ISBN: 1317631455

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John F. Henry is an eminent economist who has made important contributions to heterodox economics drawing on Adam Smith, Karl Marx, Thorstein Veblen, and John Maynard Keynes. His historical approach offers radical insights into the evolution of ideas (ideologies and theories) giving rise to and/or induced by the changes in capitalist society. Essays collected in this festschrift not only evaluate John Henry’s contributions in connection to Marx’s and Veblen’s theories, but also apply them to the socio-economic issues in the 21st century. In Part I leading heterodox economists in the traditions of Marxism, Post Keynesianism, and Institutionalism critically examine Marx’s and Veblen’s theoretical frameworks (and their connections to each other) that have become the foundations of heterodox economics. Chapters in Part II showcase alternative theoretical explanations inspired by Marx, Veblen, and Henry. Topics in this Part include financial crisis, financialization, capital accumulation, economics teaching, and the historical relationship between money and class society. Part III is devoted to John Henry’s heterodox economics encapsulated in his "farewell" lecture, interview, and bibliography. Essays in this book, individually and collectively, make an important point that the history of economic thought (or historical analysis of economic theory and policy) is an integral part of developing heterodox economics as an alternative theoretical framework. Anyone who is troubled by the recurring failure of capitalism as well as mainstream economics will find this book well worth reading.


The Logical Foundations of the Marxian Theory of Value

The Logical Foundations of the Marxian Theory of Value
Author: Adolfo García de la Sienra
Publisher: Springer Science & Business Media
Total Pages: 150
Release: 2012-12-06
Genre: Science
ISBN: 9401126941

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Written before the impressive collapse of the socialist system in Eastern Europe, this book offers a quite objective and serious systematic analysis of the Marxian labor theory of value, Marx's main scientific legacy. After reconstructing the 'prototype' of this theory -- which is the theory as it was left by Marx himself in Capital -- the author proceeds to a careful and detailed analysis of its foundational problems, taking into account Böhm-Bawerk's important criticisms. After introducing advanced contemporary formal tools, the author proceeds to a thorough discussion of the dialectical method, just in order to tackle the foundational problems of the theory. He provides a formally precise and well motivated definition of abstract labor, and then proceeds to prove the existence of a measurement of abstract labor -- i.e. the existence of numerical labor-values. Using this result, the author provides rigorous axiomatic foundations for the theory of value and then proves the existence of a Marxian competitive equilibrium, which is tantamount to the proof of the possibility of reproduction for a capitalist economy. The author finishes the book by showing in detail how the problems of the prototype are solved, by reconstructing the Leontief model of the labor theory of value on the new logical bases. Written in a very clear style, in the language of contemporary philosophy of science, the book is of interest to philosophers of science and economists, applied logicians and all those interested in the scientific legacy of Karl Marx.


A Contribution to the Critique of Political Economy

A Contribution to the Critique of Political Economy
Author: Karl Marx
Publisher: DigiCat
Total Pages: 210
Release: 2022-08-15
Genre: Fiction
ISBN:

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DigiCat Publishing presents to you this special edition of "A Contribution to the Critique of Political Economy" by Karl Marx. DigiCat Publishing considers every written word to be a legacy of humankind. Every DigiCat book has been carefully reproduced for republishing in a new modern format. The books are available in print, as well as ebooks. DigiCat hopes you will treat this work with the acknowledgment and passion it deserves as a classic of world literature.


Reduction, Rationality and Game Theory in Marxian Economics

Reduction, Rationality and Game Theory in Marxian Economics
Author: Bruce Philp
Publisher: Routledge
Total Pages: 241
Release: 2004-10-28
Genre: Business & Economics
ISBN: 1134444745

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This book examines the main areas of interest in Marxian economics, paying particular attention to class conflict, analytical Marxism and game theory. Very few books can claim to cover the areas that this book does with such clarity, academic rigour and originality. Its study of game theory and Marxism makes it a particularly unique book that will


The Scientific Marx

The Scientific Marx
Author: Daniel Little
Publisher: U of Minnesota Press
Total Pages: 262
Release: 1986
Genre: Political Science
ISBN: 0816615055

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The Scientific Marx was first published in 1986. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions. Marx advanced Capital to the public as a scientific explanation of the capitalist economy, intending it to be evaluated by ordinary standards of scientific adequacy. Today, however, most commentators emphasize Marx's humanism or his theory of historical materialism over his scientific claims. The Scientific Marx thus represents a break with many current views of Marx's analysis of capitalism in that it takes seriously his claim that Capital is a rigorous scientific investigation of the capitalist mode of production. Daniel Little discusses the main features of Marx's account, applying the tools of contemporary philosophy of science. He analyzes Marx's views on theory and explanation in the social sciences, the logic of Marx's empirical practices, the relation between Capital and historical materialism, the centrality of micro-foundations in Marx's analysis, and the minimal role that dialectics plays in his scientific method. Throughout, Little relies on "evidence taken from Marx's actual practice as a social scientist rather than from his explicit methodological writings." The book contributes to current controversies in the literature of "analytic Marxism" joined by such authors as Jon Elster, G.A. Cohen, and John Roemer.


Foundations of Analytical Marxism

Foundations of Analytical Marxism
Author: John E. Roemer
Publisher:
Total Pages: 432
Release: 1994
Genre: Marxian economics
ISBN:

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Marx and Modern Economic Analysis

Marx and Modern Economic Analysis
Author: Giovanni Caravale
Publisher: Edward Elgar Publishing
Total Pages: 264
Release: 1991
Genre: Marxian economics
ISBN:

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Presents a spectrum of interpretations of Marx's economic theory and methodology. Informed by the debate on the foundations of economic theory, the main emphasis is on analytical and textual argument to the rigorous exclusion of "ideological" debates.