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The structure and content of Das Kapital

Basu, Deepankar - 2017

Karl Marx's magnum opus, Das Kapital, presents an analysis of the long run dynamics of a mature capitalist economy. The …

Persistent link: https://www.econbiz.de/10011721991

Long waves of capitalist development : an empirical investigation

Basu, Deepankar - 2016

In this paper, I investigate the phenomenon of long waves of capitalist development from two perspectives. First, I look for evidence of long waves of economic growth taking the dates for turning points of long waves from the historical literature (Mandel, 1995). Using historical data for 20...

Persistent link: https://www.econbiz.de/10011573533

Relations of production and modes of surplus extraction in India : an aggregate study

Basole, Amit; Basu, Deepankar - 2009

This paper uses aggregate-level data as well as case-studies to trace the evolution of some key structural features of the Indian economy, relating both to the agricultural and the informal industrial sector. These aggregate trends are used to infer: (a) the dominant relations of production...

Persistent link: https://www.econbiz.de/10003879803

Relations of production and modes of surplus extraction in India

Basole, Amit; Basu, Deepankar - 2011

This paper uses aggregate-level data, as well as case-studies, to trace out the evolution of some key structural features of the Indian economy, relating both to the agricultural and the informal industrial sector. These aggregate trends are used to infer: (a) the dominant relations of...

Persistent link: https://www.econbiz.de/10008906053

A unified Marxist approach to accumulation and crisis in capitalist economies

Basu, Deepankar - 2017

An economic crisis in capitalism is a deep and prolonged interruption of the economy-wide circuit of capital. Crises emerge from within the logic of capitalism's operation, and are manifestations of the inherently contradictory process of capital accumulation. The Marxist tradition...

Persistent link: https://www.econbiz.de/10011772045

World profit rates, 1960-2019

Basu, Deepankar; Huato, Julio; Jauregui, Jesus Lara; … - 2022

In this paper we present estimates of the world profit rate using country-level data from the Extended Penn World Table 7.0 and industry-level data from the World Input Output Database. The country-aggregated world profit rate series spans the period from 1960 to 2019, and the...

Persistent link: https://www.econbiz.de/10012793584

The profit rate in Chile: 1900-2010

Polanco, Diego - 2019

process of urbanization with technical change relying on the Okishio-Marx debate. Finally, I argue that unlike previous …

Persistent link: https://www.econbiz.de/10012113878

Technical progress, capital accumulation, and distribution

Yoshihara, Naoki; Veneziani, Roberto - 2019

accumulate. Consistent with the basic intuitions of Marx's theory of technical change, we show that there is no obvious relation … between ex-ante profitable innovations and the income distribution that actually emerges in equilibrium, and individually …

Persistent link: https://www.econbiz.de/10012131701

Marx's analysis of ground-rent : theory, examples and applications

Basu, Deepankar - 2018

This paper offers a unified analytical treatment of Marx's theory of ground-rent, building on the analysis that is … ground-rent that is appropriated by the owners of land, and also decompose it into the three components that Marx highlighted …: absolute rent, differential rent I, and differential rent II. I argue that the power of Marx's analysis lies in the fact that …

Persistent link: https://www.econbiz.de/10011811320

Capital, non-capital and transformative politics in contemporary India

Basu, Deepankar - 2019

Kalyal Sanayal's work on postcolonial capitalism has been influential in many strands of critical social theory. In this brief note, I investigate three key components of his argument and find them wanting. In particular, I show that the evolution of land ownership in India does not support the...

Persistent link: https://www.econbiz.de/10011949733