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Book Cover
E-book
Author Cuyvers, Ludo

Title The Economic Ideas of Marx's Capital : Steps towards post-Keynesian economics
Published Milton : Taylor and Francis, 2016

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Description 1 online resource (337 pages)
Series Routledge Frontiers of Political Economy
Routledge frontiers of political economy.
Contents The Economic Ideas of Marx's Capital- Front Cover; The Economic Ideas of Marx's Capital; Title Page; Copyright Page ; Dedication ; Contents; List of Illustrations; Figures; Tables; Foreword; Introduction; Chapter 1: Economic reproduction ; 1.1 Production and reproduction; 1.2 The Marxist schemes of reproduction: introduction; 1.3 The workings of the Marxist schemes of reproductionunder capitalism; 1.4 What can be learned from Piero Sraffa's"standard system"?; 1.5 The significance of the Marxist schemes of reproduction; Chapter 2: The (mostly quantitative) labour theory of value today
2.1 What is the labour theory of value saying?2.2 The transformation problem; 2.3 Elements of a formal solution to the transformation problem: corrections of Marx's procedure; 2.4 What is the logic in transforming values into prices of production?; 2.5 A short digression into technological coefficients, subsistence wages and the "law of value"; 2.6 What about monopoly prices?; 2.7 Post-Keynesian views about the labour theory of value; 2.8 To conclude; Chapter 3: Towards a better understanding of what will follow -- long-term economic growth and dynamics; 3.1 The "standard system" again
3.2 The maximum rate of growth and the attainable economic growth in case of non-necessary consumption3.3 Full versus incomplete realisation of surplus value; 3.4 What about socially necessary consumption?; 3.5 The contribution of the post-Keynesian neo-Marxists; Chapter 4: Productive and unproductive labour; 4.1 Spending out of surplus value; 4.2 Cost-increasing inputs, value creation and the technological inputs structure; 4.3 The translation of unproductive inputs and outputs in the linear model of production; 4.4 Prices and cost-increasing inputs in the total inputs structure
4.5 Unproductive cost-increasing inputs and the rate of profits4.6 Unproductive labour today and further arguments; 4.7 Capitalist cost-increasing inputs: productive but wasteful . . .; 4.8 Conclusions; Chapter 5: Laws of motion of capitalism -- accumulation, technical change and super-profits; 5.1 Marx on the relationship between capital accumulation, the rate of profits and the wage rate, and the so-called" industrial reserve army"; 5.2 The capitalist hunger for super-profits as the motivation for technical change and innovation
5.3 The effect of technical change on the surplus value and the rate of surplus value5.4 The effect of technical change on the organic composition of capital; 5.5 The scope for labour-saving but also capital-using technical change in the pursuit of super-profits; 5.5 How did the early post-Keynesians look at mechanisation and technical change? The case of Joan Robinson's" real-capital ratio"; 5.7 To conclude; Chapter 6: Long-term developments -- the tendency of the rate of profits to fall; 6.1 Marx's theory of the falling rate of profits -- in a nutshell
Notes 6.2 The rate of profits in the linear production model
Print version record
Subject Marx, Karl, 1818-1883. Kapital.
SUBJECT Kapital (Marx, Karl) fast
Subject Economic policy.
Keynesian economics.
Marxian economics.
Economic policy
Keynesian economics
Marxian economics
Form Electronic book
ISBN 9781317381839
1317381831