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Book Cover
Book
Author Philp, Bruce, 1968-

Title Reduction, rationality & game theory in Marxian economics / Bruce Philp
Published London : Routledge, 2005

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Location Call no. Vol. Availability
 MELB  335.412 Phi/Rra  AVAILABLE
 MELB  335.412 Phi/Rra  AVAILABLE
Description xiii, 142 pages : illustrations ; 23 cm
Series Routledge frontiers of political economy ; 66
Routledge frontiers of political economy ; 66
Contents 1. Introduction -- 2. Methodology of reduction -- 3. Marxism and the foundations of collective action -- 4. Value, price and exploitation -- 5. Marxian theories of exploitation and class -- 6. Class conflict and working hours -- 7. Reduction, rationality and the rate of profit -- 8. Conclusion
Summary "Beneath the exterior, what is the nature of capitalism? In this volume it is argued that capitalism remains exploitative and can be crisis-prone. Moreover, Marxian economics is still an approach that can yield significant insight into how class antagonisms operate and endure in capitalist economics. This book develops Marx's analysis of class conflict and the competitive process in light of the emergence, since the late 1970s, of analytical Marxism. However, the approach of analytical Marxism is criticised because of the problematic methodological approaches to social science endorsed by leading practitioners. Contra analytical Marxism, this book argues that it is essential to relocate game-theoretic Marxism in a methodological structure that gives primacy to class, rather than individual agents, in the process of generating social scientific explanations."--BOOK JACKET
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Marxian economics.
LC no. 2004050763
ISBN 0415287650 (cased)