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concerning the critique of Marxian value theory which these authors put forward in their book Capital as Power (Nitzan and … theory of value (Nitzan and Bichler, 2009), and offers an explanation of the global economic crisis. In the following …
Persistent link: https://www.econbiz.de/10011644568
politics. It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory …
Persistent link: https://www.econbiz.de/10011646688
interest in Marxist doctrine and in particular its examination of the notion of exploitation. Marx's theory of value is central … show that Marx draws heavily on Smith's idea of the primacy of wages. However, this paper will demonstrate that profit, and …
Persistent link: https://www.econbiz.de/10012624252
The paper studies the persistence of profit and its determinants in emerging markets. We apply Markov chain analysis … empirical results show a moderate level of profit persistence, as well as a relatively low speed of adjustment to the steady …-state profit level, thus providing no support for the hypothesis that there is a lower persistence of profits in emerging markets …
Persistent link: https://www.econbiz.de/10010271081
) that profit signals and rewards successful value creation, since it expresses that the customers' voluntary willingness to …
Persistent link: https://www.econbiz.de/10011815541
Persistent link: https://www.econbiz.de/10014334703
Gewinn erklärt und behandelt wird, um daraus eine Arbeitsdefinition der Gewinnkomponenten abzuleiten. Andererseits wird … darauf basierend die Distribution von Gewinnen diskutiert und behauptet, dass der Gewinn zunächst einmal der Unternehmung …The paper deals with the profit of the firm and its theoretical explanations. Starting with the usual understanding of …
Persistent link: https://www.econbiz.de/10014476164
It is frequently believed, in a quite schizophrenic fashion, that a theory of value must just solve the question of … relative prices (a microeconomic problem), being mainly the theory of money the piece needed for determining the absolute or … theoretically prior to any consideration of the money market, whereas on the other hand no theory of value can aspire to be complete …
Persistent link: https://www.econbiz.de/10010290066
We deal with efficient allocation of the shut-down decision of a firm in which there is profit sharing. The paper can …
Persistent link: https://www.econbiz.de/10011608348
potential loss of profit. By enabling firms to retain only a very small fraction of these potential revenues, the government can …
Persistent link: https://www.econbiz.de/10011608631