Showing 1 - 10 of 13
Karl Marx's magnum opus, Das Kapital, presents an analysis of the long run dynamics of a mature capitalist economy. The analysis is conducted at two primary levels of abstraction - "capital in general" (where competition between individual capitals is abstracted from) and "many capitals" (where...
Persistent link: https://www.econbiz.de/10011721991
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
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
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
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
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
exploitation status - is completely characterised. It is shown that this class is nonempty and a definition of UE exploitation … class and UE exploitation structure of the international economy is derived in equilibrium. …
Persistent link: https://www.econbiz.de/10011522215
functioned effectively to compensate workers for (and thereby allow) rising rates of exploitation and their negative social …
Persistent link: https://www.econbiz.de/10011527126
This paper analyses the Marxian theory of exploitation. A general axiomatic approach is developed which is appropriate … to study the concept of exploitation - what it is and how it should be captured empirically. Two properties are presented … class of definitions of exploitation that preserve the relation between exploitation and profits - called Profit-Exploitation …
Persistent link: https://www.econbiz.de/10010426589
condition of the emergence and persistence of exploitation as unequal exchange of labor. We show that pure workers are exploited … equalized in the limit regardless of the saving behaviors. The so-called Fundamental Marxian Theorem and Profit-Exploitation … Correspondence Principle are generalized in the intertemporal setting with exploitation in the whole life, and the Class-Exploitation …
Persistent link: https://www.econbiz.de/10012010493