Three essays on Marx's value theory /
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Author / Creator: | Amin, Samir. |
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Imprint: | New York : Monthly Review Press, [2013] |
Description: | 1 online resource (96 pages) |
Language: | English |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/11215334 |
Summary: | In this slim, insightful volume, noted economist Samir Amin returnsto the core of Marxian economic thought: MarxOCOs theory ofvalue. He begins with the same question that Marx, along with theclassical economists, once pondered: how can every commodity, including labor power, sell at its value on the market and still producea profit for owners of capital? While bourgeois economistsattempted to answer this question according to the categories ofcapitalist society itself, Marx sought to peer through the surfacephenomena of market transactions and develop his theory by examiningthe actual social relations they obscured. The debate overMarxOCOs conclusions continues to this day. a Amin defends MarxOCOs theory of value against its critics and alsotackles some of its trickier aspects. He examines the relationshipbetween MarxOCOs abstract conceptsOCosuch as OC socially necessarylabor timeOCOOCoand how they are manifested in the capitalist marketplaceas prices, wages, rents, and so on. He also explains howvariations in price are affected by the development of OC monopoly-capitalism, OCO the abandonment of the gold standard, and thedeepening of capitalism as a global system. Amin extends MarxOCOstheory and applies it to capitalismOCOs current trajectory in a way thatis unencumbered by the weight of orthodoxy and unafraid of itsown radical conclusions." |
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Physical Description: | 1 online resource (96 pages) |
Bibliography: | Includes bibliographical references. |
ISBN: | 9781583674253 158367425X 9781583674260 1583674268 9781583674246 1583674241 |