DeepankarBasu
The Logic of Capital: An Introduction to Marxist Economic Theory
The Logic of Capital: An Introduction to Marxist Economic Theory
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This book presents Marx's main economic argument in Capital in a coherent and comprehensive manner, and delves into three long-standing debates in Marxist political economy. It explains key concepts such as commodity, value, money, capital, reserve army of labor, accumulation of capital, circuit of capital, reproduction schemas, prices of production, profit, interest, and rent.
Format: Paperback / softback
Length: 439 pages
Publication date: 24 August 2023
Publisher: Cambridge University Press
This book is a remarkable resource for anyone seeking to delve into the intricate and profound economic arguments developed by Karl Marx in his three-volume masterpiece, Capital. It presents these arguments in a coherent and comprehensive manner, making them accessible to a wide range of readers, including scholars and students of economics, sociology, geography, political science, anthropology, and other related disciplines.
In addition to presenting Marx's economic theories, the book also explores three long-standing debates in Marxist political economy: the transformation problem, the Okishio theorem, and theories of exploitation and oppression. These debates are crucial to understanding the complexities of Marxist political economy and shed light on the challenges and complexities of capitalist societies.
The book begins with an insightful discussion of methodology, including dialectics and historical materialism, which are fundamental to Marxist political economy. These concepts provide a framework for analyzing the economic and social processes that shape our world.
The book then delves into key concepts of Marxist political economy, such as commodity, value, money, capital, reserve army of labor, accumulation of capital, circuit of capital, reproduction schemas, prices of production, profit, interest, and rent. These concepts are essential to understanding the workings of capitalist economies and the mechanisms that perpetuate inequality and exploitation.
Throughout the book, Marx's theories are illustrated with real-world examples and case studies, making them more relatable and practical. This helps readers to see how Marx's ideas can be applied to contemporary economic and social issues, such as income inequality, labor exploitation, and environmental degradation.
Scholars of economics, sociology, geography, political science, anthropology, and other kindred disciplines will find this book an invaluable resource. It provides an accessible yet rigorous treatment of Marxist political economy, offering insights and perspectives that are essential for understanding the world we live in.
In conclusion, this book is a must-read for anyone interested in exploring the economic and social theories of Karl Marx. It provides a comprehensive and accessible introduction to Marxist political economy, exploring key concepts and debates that are crucial to understanding the complexities of capitalist societies. Whether you are a student, scholar, or simply interested in learning more about the world, this book will provide you with valuable insights and perspectives.
ISBN-13: 9781009418119
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