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      The Economics of Karl Marx : Analysis and Application

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      Cambridge University Press

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          Abstract

          Presents an account and technical assessment of Marx's economic analysis in Capital, with particular reference to the transformation and the surplus-value doctrine, the reproduction schemes, the falling real-wage and profit rates, and the trade cycle. The focus is on criticisms that Marx himself might have been expected to face in his day and age. In addition, it offers a chronological study of the evolution of that analysis from the early 1840s through three 'drafts': documents of the late 1840s, the Grundrisse of 1857–1858, and the Economic Manuscripts of 1861–1863. It also provides three studies in application, focusing on Marx's 'evolutionary' orientation in his evaluation of the transition to communism and his rejection of 'egalitarianism' under both capitalist and communist regimes; his evolving perspective on the role of the industrial 'entrepreneur'; and his evolving appreciation of the prospects for welfare reform within capitalism.

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          Book
          9780521790789
          9780521793995
          9780511510663
          June 25 2009
          April 07 2008
          10.1017/CBO9780511510663
          b0e9d721-35c5-4513-8d87-f15c9b2eaf3e
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