The Value Controversy

Author : Ian Steedman
Publisher : Verso
Page : 312 pages
File Size : 42,8 Mb
Release : 1981
Category : Political Science
ISBN : UCSC:32106005154882

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The Value Controversy by Ian Steedman Pdf

One of the fruits of the revival of socialist economic theory over the past decade has been a wide-ranging debate about the validity of Marx’s labour theory of value. At the heart of the discussion stands the theoretical work of Piero Sraffa and the conclusions drawn from it by such economists as Ian Steedman. Initially confined to a relatively narrow circle of specialists, the controversy about value theory has since spread to wider circles of the left. But although general awareness that the stakes of the dispute are of concern to all socialists is now extensive, understanding of the issues involved has remained more restricted than need be. This volume presents, for the first time, a comprehensive yet accessible overview of the discussion. The essays discuss not only the value debate itself, but also its relevance to such issues as capitalist crisis, the theory of exploitation, and historical materialism. Comprehensible to the non-specialist, but without sacrificing rigour or oversimplifying the issues, the articles assembled here offer a definitive summary of the current state of one of the crucial aspects of Marxist thought.

Author : Alan Freeman,Andrew Kliman,Julian Wells
Publisher : Edward Elgar Publishing
Page : 348 pages
File Size : 54,6 Mb
Release : 2004-02-25
Category : Business & Economics
ISBN : 1781956197

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The New Value Controversy and the Foundations of Economics by Alan Freeman,Andrew Kliman,Julian Wells Pdf

The papers that comprise this collection introduce key advances in modern value theory. Equilibrium and non-equilibrium approaches are discussed alongside the theory behind abstract labour and money.

Author : Ian Steedman
Publisher : Unknown
Page : 300 pages
File Size : 40,7 Mb
Release : 1981
Category : Marxian economics
ISBN : 0860910407

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The Value Controversy by Ian Steedman Pdf

Author : Alfredo Saad Filho
Publisher : Routledge
Page : 190 pages
File Size : 44,8 Mb
Release : 2001-11-29
Category : Business & Economics
ISBN : 9781134566976

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The Value of Marx by Alfredo Saad Filho Pdf

This book constitutes an overview of recent developments in political economy in general, and Marxist value theory in particular. The implications of value theory for bank credit, inflation and deflation are fully explored.

Author : Rob Kling
Publisher : Elsevier
Page : 987 pages
File Size : 46,5 Mb
Release : 1996-02-28
Category : Computers
ISBN : 9780080502632

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Computerization and Controversy by Rob Kling Pdf

The Second Edition of Computerization and Controversy: Value Conflicts and Social Choices is a collection of 78 articles that examine the social aspects of computerization from a variety of perspectives, many presenting important viewpoints not often discussed in the conventional literature. A number of paired articles comprise thought-provoking head-on debate. Fields represented include computer science, information systems, management, journalism, psychology, law, library science, and sociology. This volume introduces some of the major controversies surrounding the computerization of society and helps readers recognize the social processes that drive and shape computerization. Division into eight provocatively titled sections facilitates course planning for classroom or seminar use. A lead article for each section frames the major controversies, locates the selections within the debates, and points to other relevant literature. A fully revised and updated version of the first anthological treatment of the subject Organized to facilitate course planning for classroom or seminar use Provides coverage of the influence of computers on a wide variety of fields including computer science, information systems, management, journalism, psychology, law, library science, and sociology

Author : Samir Amin
Publisher : NYU Press
Page : 280 pages
File Size : 45,7 Mb
Release : 2018-02-22
Category : Political Science
ISBN : 9781583676578

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Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value by Samir Amin Pdf

Unlike such obvious forms of oppression as feudalism or slavery, capitalism has been able to survive through its genius for disguising corporate profit imperatives as opportunities for individual human equality and advancement. But it was the genius of Karl Marx, in his masterwork, Capital, to discover the converse law of surplus value: behind the illusion of the democratic, supply-and-demand marketplace, lies the workplace, where people trying to earn a living are required to work way beyond the time it takes to pay their wages. Leave it to the genius of Samir Amin to advance Marx's theories—adding to them the work of radical economists such as Michal Kalecki, Josef Steindl, Paul Baran, and Paul Sweezy—to show how Marxian theory can be adapted to modern economic conditions. Amin extends Marx's analysis to describe a concept of “imperialist rent” derived from the radically unequal wages paid for the same labor done by people in both the Global North and the Global South, the rich nations and the poor ones. This is global oligopolistic capitalism, in which finance capital has come to dominate worldwide production and distribution. Amin also advances Baran and Sweezy’s notion of economic surplus to explain a globally monopolized system in which Marx's “law of value” takes the form of a “law of globalized value,” generating a super-exploitation of workers in the Global South. Modern Imperialism, Monopoly Finance Capital, and Marx's Law of Value offers readers, in one volume, the complete collection of Samir Amin’s work on Marxian value theory. The book includes texts from two of Amin's recent works, Three Essays on Marx’s Value Theory and The Law of Worldwide Value, which have provoked considerable controversy and correspondence. Here, Amin answers his critics with a series of letters, clarifying and developing his ideas. This work will occupy an important place among the theoretical resources for anyone involved in the study of contemporary Marxian economic and political theory.

Author : Karl Marx
Publisher : DigiCat
Page : 62 pages
File Size : 52,9 Mb
Release : 2022-08-10
Category : Fiction
ISBN : EAN:8596547168614

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Wages, Price and Profit by Karl Marx Pdf

"Wage-Labour and Capital" was derived from Marx's lectures to the German Workmen's Club of Brussels in 1847, during a period of great political upheaval. The relationship between wage labor and capital is a central concept in Marx's political economy analysis. This book is essential for understanding the evolution of Marxist theory.

Author : Dave Beech
Publisher : BRILL
Page : 402 pages
File Size : 45,6 Mb
Release : 2015-05-12
Category : Philosophy
ISBN : 9789004288157

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Art and Value by Dave Beech Pdf

Art and Value is the first comprehensive analysis of art's economics. Key debates in classical, neoclassical and Marxist theories of art are subjected to an exacting critique. The book concludes with a new Marxist theory of art's economic exceptionalism.

Author : Samuel Bowles,Herbert Gintis,Harry Brighouse
Publisher : Verso
Page : 424 pages
File Size : 41,8 Mb
Release : 1998
Category : Business & Economics
ISBN : 185984863X

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Recasting Egalitarianism by Samuel Bowles,Herbert Gintis,Harry Brighouse Pdf

In a major work on economic and social policy, two prominent economists lead a debate to redistribute wealth. The book lays out the underlying logic of this proposal in detail, followed by responses by both critics and supporters.

Author : David W. Johnson
Publisher : Cambridge University Press
Page : 257 pages
File Size : 47,7 Mb
Release : 2015-06-18
Category : Education
ISBN : 9781107089815

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Constructive Controversy by David W. Johnson Pdf

Using the social psychological theory of 'constructive controversy', this book analyses the nature of disagreement among members of decision-making groups. It addresses questions such as: do differences of opinion enhance or obstruct creative thinking? And why do people make decisions based only on their own perspective without considering alternative viewpoints?

Author : Fred Moseley
Publisher : Springer Nature
Page : 187 pages
File Size : 52,7 Mb
Release : 2023-05-11
Category : Political Science
ISBN : 9783031132100

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Marx’s Theory of Value in Chapter 1 of Capital by Fred Moseley Pdf

Chapter 1 is the most important chapter in Capital, as well as the most difficult and the most controversial. An influential interpretation of Chapter 1 in recent decades has been the so-called “value-form interpretation” of Marx’s theory in general and Chapter 1 in particular. The most important proponent of the value-form interpretation today, both in Germany and in the English-speaking world, is Michael Heinrich, and Heinrich’s work has emphasized the first chapter. Heinrich’s latest book in English is a detailed commentary of the first seven chapters of Volume 1 of Capital. The publication of an English translation of Heinrich’s book is an important event in Marxian scholarship and it is important to critically engage with this important book in order to advance our understanding of this critical foundational chapter. This book emphasizes the quantitative issue of whether the magnitude of value and socially necessary labour-time are determined in production or also depend on exchange and demand, which has been the main issue in the controversy over the value-form interpretation.

Author : Klaus Schwab
Publisher : John Wiley & Sons
Page : 311 pages
File Size : 42,5 Mb
Release : 2021-01-27
Category : Business & Economics
ISBN : 9781119756132

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Stakeholder Capitalism by Klaus Schwab Pdf

Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

Author : Michael J. Sandel
Publisher : Farrar, Straus and Giroux
Page : 256 pages
File Size : 50,6 Mb
Release : 2012-04-24
Category : Philosophy
ISBN : 9781429942584

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What Money Can't Buy by Michael J. Sandel Pdf

Should we pay children to read books or to get good grades? Should we allow corporations to pay for the right to pollute the atmosphere? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars? Auctioning admission to elite universities? Selling citizenship to immigrants willing to pay? In What Money Can't Buy, Michael J. Sandel takes on one of the biggest ethical questions of our time: Is there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don't belong? What are the moral limits of markets? In recent decades, market values have crowded out nonmarket norms in almost every aspect of life—medicine, education, government, law, art, sports, even family life and personal relations. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society. Is this where we want to be?In his New York Times bestseller Justice, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can't Buy, he provokes an essential discussion that we, in our market-driven age, need to have: What is the proper role of markets in a democratic society—and how can we protect the moral and civic goods that markets don't honor and that money can't buy?

Author : Stéphane Courtois
Publisher : Harvard University Press
Page : 920 pages
File Size : 52,5 Mb
Release : 1999
Category : History
ISBN : 0674076087

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The Black Book of Communism by Stéphane Courtois Pdf

This international bestseller plumbs recently opened archives in the former Soviet bloc to reveal the accomplishments of communism around the world. The book is the first attempt to catalogue and analyse the crimes of communism over 70 years.

Author : Anne Alstott,Bruce Ackerman,Philippe Van Parijs
Publisher : Verso Books
Page : 200 pages
File Size : 46,5 Mb
Release : 2020-05-05
Category : Business & Economics
ISBN : 9781789602050

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Redesigning Distribution by Anne Alstott,Bruce Ackerman,Philippe Van Parijs Pdf

Volume V in the acclaimed Real Utopias Project series, edited by Erik Olin Wright. Are there ways that contemporary capitalism can be rendered a dramatically more egalitarian economic system without destroying its productivity and capacity for growth? This book explores two proposals, unconditional basic income and stakeholder grants, that attempt just that. In a system of basic income, as elaborated by Philippe van Parijs, all citizens are given a monthly stipend sufficient to provide them with a no-frills but adequate standard of living. This monthly income is universal rather than means-tested, and it is unconditional - receiving the basic income does not depend upon performing any labor services or satisfying other conditions. It affirms the idea that as a matter of basic rights, no one should live in poverty in an affluent society. In a system of stakeholder grants, as discussed by Bruce Ackerman and Anne Alstott, all citizens upon reaching the age of early adulthood receive a substantial one-time lump-sum grant sufficiently large so that all young adults would be significant wealth holders. Ackerman and Alstott propose that this grant be in the vicinity of $80,000 and be financed by an annual wealth tax of roughly 2 percent. A system of stakeholder grants, they argue, "expresses a fundamental responsibility: every American has an obligation to contribute to a fair starting point for all."