Communism, Philosophical Positions & Movements, Economic Theory & Schools of Thought, Intellectual Movements, Renaissance & Modern Philosophy
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Overview
The text is broad-ranging, integrating eleven studies that consider the theory of labour-value from historical, philosophical, and economic perspectives. Smith incorporates a thorough review of the controversy that has raged around Marx's theory of labour-value, reporting the key arguments of orthodox Marxists, neo-Ricardians, neo-orthodox Marxists, and fundamentalist Marxists. He concludes that the Marxian theory of labour-value remains a logically coherent and theoretically sound basis for understanding capitalism's historical-structural crises. Also included is a reconsideration of Marx's law of the falling tendency of the rate of profit along with a statistical analysis of long-term trends in the Canadian economy that lend support to Marx's vies.Editorials
Booknews
Discusses the importance of Marx's labour theory of value to an understanding of the social world and its historical development, and challenges the idea that free-market economics are better suited to meeting human needs than any other alternative. Subjects include the value abstraction and the dialectic of social development; the contemporary value controversy; and international and inter-regional value transfers. Paper edition (unseen), $24.95. Canadian call number, C94-931472-2. Annotation c. Book News, Inc., Portland, OR (booknews.com)Book Details
Published
February 2, 1995
Publisher
Toronto : University of Toronto Press, c1994.
Pages
274
Format
Hardcover
ISBN
9780802005892