After Marx and Sraffa: essays in political economy (Book.
Marxian economics, or the Marxian school of economics, is a heterodox school of economic thought. Its foundations can be traced back to the critique of classical political economy in the research by Karl Marx and Friedrich Engels.Marxian economics comprises several different theories and includes multiple schools of thought, which are sometimes opposed to each other, and in many cases Marxian.
Samuel Hollander, Essays on Classical and Marxian Political Economy: Collected Essays IV (London and New York: Routledge, 2013) pp. xxviii, 404. ISBN 978-0-415-52768-2.. Journal of the History of Economic Thought, Vol. 37, Issue. 3, p. 505.
Value Theory in the Writings of the Classical Economists, Thomas Hodgskin, and Karl Marx, Hunt, E. K., History of Political Economy; 9(3), Fall 1977, pages 322-45. Reification and the consciousness of the critics of political economy: studies in the development of Marx' theory of value, Linder, Marc, Copenhagen: Rhodos, 1975, pages vi, 375.
Piero Sraffa, 1898-1983. One of the economic giants of the century, Piero Sraffa was at the same time one of the sparest writers of economics - yet each one of his few pieces was tremendous in its turn. Sraffa's 1926 article on returns to scale and perfect competitions (a revised version of his 1925 Italian paper) highlighted a glaring inconsistency in the Marshallian theory of the firm. As he.
Initially, Sraffa was highly critical of the labor theory of value, as advocated by Ricardo and Karl Marx, because in his view it involved a “ corruption ” of the earlier concept of physical real cost (Petty ’ s “ food ”). It was only after Sraffa had turned to the case of an economic system with a surplus that is partly distributed to workers in proportion to the time worked that he.
Criticism of Marxism has come from various political ideologies and academic disciplines.This include general criticism about a lack of internal consistency, criticism related to historical materialism, that it is a type of historical determinism, the necessity of suppression of individual rights, issues with the implementation of communism and economic issues such as the distortion or absence.
The rate of profit in the Greek economy 1988-1997. an input-output analysis. By Theodore Mariolis, Nikolaos Rodousakis and Lefteris Tsoulfidis. Download PDF (348 KB) Abstract. The evolution of the rate of profit reflects both changes in income distribution and technical conditions of production. The purpose of this paper is to present estimates of the rate of profit for the Greek economy.