HOME



picture info

Abstract Labor And Concrete Labor
Abstract labour and concrete labour refer to a distinction made by Karl Marx in his critique of political economy. It refers to the difference between human labour in general as economically valuable worktime versus human labour as a particular activity that has a specific useful effect within the (capitalist) mode of production. Overview *As economically valuable worktime, human labour adds value to products or assets (thereby conserving their capital value, and/or transferring value from inputs to outputs). In this sense, labour is an activity which creates/maintains economic value pure and simple, which could be realized as a sum of money once labour's product is sold or acquired by a buyer. The value-creating ability of labour is most clearly visible when all labour is stopped, for example during a strike or a disaster. If all labour is withdrawn, the value of the capital assets worked with will normally deteriorate, and in the end, if all labour is permanently withdrawn, n ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Mesopotamia
Mesopotamia is a historical region of West Asia situated within the Tigris–Euphrates river system, in the northern part of the Fertile Crescent. Today, Mesopotamia is known as present-day Iraq and forms the eastern geographic boundary of the modern Middle East. Just beyond it lies southwestern Iran, where the region transitions into the Iranian plateau, Persian plateau, marking the shift from the Arab world to Iran. In the broader sense, the historical region of Mesopotamia also includes parts of present-day Iran (southwest), Turkey (southeast), Syria (northeast), and Kuwait. Mesopotamia is the site of the earliest developments of the Neolithic Revolution from around 10,000 BC. It has been identified as having "inspired some of the most important developments in human history, including the invention of the wheel, the planting of the first cereal crops, the development of cursive script, mathematics, astronomy, and agriculture". It is recognised as the cradle of some of t ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Kozo Uno
was a Japanese economist and is considered one of the most important theorists on the field of Marx's theory of value. He is an influential Marxist economist in Japan, where his school of thought is called the Uno School (''Uno gakuha'') . His main work ''Principles of Economics'' ��済原論was published in 1950-52. Among his scholars are Thomas T. Sekine and Makoto Itoh. Thought Uno based his work on a rigorously Hegelian reading of Marx's ''Capital''. This led him to his well-known conclusion that Marxian analysis had to be conducted at three separate levels: # ''Theory of Principles'' ��理論 The "pure" theory of Capital, freed from the complications of history – highly abstract exercises in dialectical logic on the basic, core dynamics of capitalist economy. # ''Theory of Stages'' ��階論 A "middle" level, which traces the general development of capitalism through distinct historical stages – mercantilism, classical liberalism and so on. # ''Analysis of the Pre ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Character Masks
Character or Characters may refer to: Arts, entertainment, and media Literature * ''Character'' (novel), a 1936 Dutch novel by Ferdinand Bordewijk * ''Characters'' (Theophrastus), a classical Greek set of character sketches attributed to Theophrastus Music * ''Character'' (Dark Tranquillity album), 2005 * ''Character'' (Julia Kent album), 2013 * ''Character'', an album by Rachael Sage, 2020 * ''Characters'' (John Abercrombie album), 1977 * ''Characters'' (Stevie Wonder album), 1987 * "Character", a song by Ryokuoushoku Shakai, 2022 Types of entity * Character (arts), an agent within a work of art, including literature, drama, cinema, opera, etc. ** Character actor, an actor known for playing unusual, eccentric or interesting characters in supporting roles ** Character sketch or character, a literary description of a character type * Game character (other), various types of characters in a video game or role playing game ** Player character, as above but who is c ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Valorisation
In Marxism, the valorisation or valorization of capital is the increase in the value of capital assets through the application of value-forming labour in production. The German original term is "''Verwertung''" (specifically ''Kapitalverwertung'') but this is difficult to translate. The first translation of ''Capital'' by Samuel Moore and Edward Aveling, under Engels' editorship, renders "''Verwertung''" in different ways depending on the context, for example as "creation of surplus-value", "self-expanding value", "increase in value" and similar expressions. These renderings were also used in the US Untermann revised edition, and the Eden and Cedar Paul translation. It has also been wrongly rendered as "realisation of capital". In German, the general meaning of "Verwertung" is the productive use of a resource, and more specifically the use or application of something (an object, process or activity) so that it makes money, or generates value, with the connotation that the thing val ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the particular definiti ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Division Of Labour
The division of labour is the separation of the tasks in any economic system or organisation so that participants may specialise ( specialisation). Individuals, organisations, and nations are endowed with or acquire specialised capabilities, and either form combinations or trade to take advantage of the capabilities of others in addition to their own. Specialised capabilities may include equipment or natural resources as well as skills. Training and combinations of equipment and other assets acting together are often important. For example, an individual may specialise by acquiring tools and the skills to use them effectively just as an organisation may specialise by acquiring specialised equipment and hiring or training skilled operators. The division of labour is the motive for trade and the source of economic interdependence. An increasing division of labour is associated with the growth of total output and trade, the rise of capitalism, and the increasing complexity of ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Isaak Illich Rubin
Isaak Illich Rubin (Russian language, Russian: Исаак Ильич Рубин; 12 June 1886 – 27 November 1937) was a Soviet Union, Soviet lawyer, Marxian economics , economist and scholar of Marx's work. His most important published work was ''Essays on Marx's Theory of Value'' (first edition, 1923). His scholarly works and textbooks and his popular lectures, e.g., at the Institute of Red Professors, were an important influence on the early Soviet Russian interpretation of Karl Marx; but he was not himself a Bolshevik and was frequently jailed, then banished to Soviet Central Asia, then executed in 1937 during the Great Purge. Though Rubin's reading of Marx had produced an extensive Russian literature throughout the 1920s, by the late 1930s his work and memory had been completely expunged within the Soviet Union. Rubin was also unknown in the West until the 1970s, when an English translation of his main work, made from a rare surviving copy, appeared – after numerous re ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Value-form
The value-form or form of value (''"Wertform"'' in German) is an important concept in Karl Marx's critique of political economy, discussed in the first chapter of ''Capital, Volume 1''. It refers to the ''social form'' of tradeable things as units of value, which contrast with their tangible features, as objects which can satisfy human needs and wants or serve a useful purpose. The physical appearance or the price tag of a traded object may be directly observable, but the meaning of its social form (as an object of value) is not. Marx intended to correct errors by the Classical economics, classical economists in defining exchange, value, money and capital, by showing precisely how these economic categories evolved out of the development of trading relations. Playfully narrating the "metaphysical subtleties and theological niceties" of ordinary things when they become instruments of trade, Marx provides a brief social morphology of value as such — what its ''substance'' reall ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

The Degradation Of Work In The Twentieth Century
''The'' is a grammatical article in English, denoting nouns that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pronoun ''thee' ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Harry Braverman
Harry Braverman (December 9, 1920 – August 2, 1976) Agitating during the Red Scare After serving in the shipbuilding industry during World War II, Braverman began to deepen his commitment to revolutionary struggle, joining the first Trotskyist party in the United States: the Socialist Workers Party (United States), Socialist Workers Party (SWP). His political engagement coincided the wave of political repression against socialists and communists known as the Red Scare. Even before the end of World War II, 18 SWP leaders were imprisoned, becoming "the first victims of the notorious Smith Act, which made it a crime of treason to publish and proclaim the ideas of Marx, Engels, Lenin, and Trotsky." Braverman himself was fired from his job at Republic Steel as a result of red-baiting tactics used by the FBI. Undeterred by the witch-hunts, Braverman continued his political work but disguised his activities by writing under the pseudonym "Harry Frankel". Socialist Unity In the 1950 ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]