Name: Marx's Capital and One Free World By Murray Wolfson
SKU: 9781349116201
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Marx's Capital and One Free World Summary

Marx's Capital and One Free World: A Fundamental Reappraisal of his Political Economy by Murray Wolfson

This book aims to clarify what the author believes to be the fallacy of the infallibility of Marx's Capital and Marxist ideology in general. Other works by the author include Marxian Economics and Reality, and The Critique of Dialectic Economics.

Part 1 Towards a higher stage of Marxian economics - the concept of value fundamentally re-examined and developed: newly developed interrelation of 3 concepts - labour-time, value and price; doesn't tertiary industry create value. Part 2 The immanent self-contradictions in Marx's labour theory of value - in connection with the transformation problems: is the labour-value theory really valid in capital; the confusion involved in the labour-time - value - price system; the significance or rather insignificance of the so-called transformation problem. Part 3 An error common to the transformation of money into capital and the primative accumulation - pre-capitalist societies do and do not produce surplus: no surplus value in the pre-capitalist societies; capital and surplus in narrower and broader senses by Marx; the theoretical process in which Marx fell in to error; succession of confusion from the transformation of money into capital to primitive accumulation. Part 4 The fundamental defects in the laws in capital - the laws of capitalist accumulation and the falling rate of profit re-examined: Hegel's view on civil society and Marx; basic laws developed in capital; communism and humanism. Part 5 Materialist concept of history and the structure of capital: capital as a cornerstone vs man's responsibility; method of Marx its historical background and dialectics; the dialectical structure of capital; dialectics - an illusion. Part 6 Hegelian fallacy in Marxian philosophy - an inquiry into the roots of ambiguity mistaken for profundity: dialectics as the negation of aristotelian law of contradiction; contradiction and opposition interchanged; unity and struggle of opposites; dialectics, empiricism and value judgement. Part 7 The law of the falling rate of profit, reproduction scheme and imperialist expansion - the self-contradiction common to Marx's law and Lenin's scheme: the fundamental contradiction involved in the law of the falling rate of profit; Marx's law of the falling rate of profit and Lenin's scheme of expanding reproduction; the theoretical legacy from capital to imperialism. Part 8 Marxian economics in the contemporary world - the discussions with Chinese, Polish and Russian economists: the economic growth of world capitalism vs the foresights of Marx and Keynes - a lecture in China; the fallacy of the law common to all social systems; some discussions with Soviet economists. Appendices: The two factors which nullify the law of the falling rate of profit; capital coefficient lowering technical progress; the effect of the turnover of capital on the rate of profit.

Additional information

Sku

NLS9781349116201

ISBN 13

9781349116201

ISBN 10

1349116203

Title

Marx's Capital and One Free World: A Fundamental Reappraisal of his Political Economy by Murray Wolfson

Author

Murray Wolfson

Condition

New

Binding type

Paperback

Publisher

Palgrave Macmillan

Year published

1991-01-01

Number of pages

240

Prizes

N/A

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Book picture is for illustrative purposes only, actual binding, cover or edition may vary.

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Marx's Capital and One Free World Murray Wolfson

Marx's Capital and One Free World by Murray Wolfson

Summary

Marx's Capital and One Free World Summary

Marx's Capital and One Free World: A Fundamental Reappraisal of his Political Economy by Murray Wolfson

Table of Contents

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