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Das Kapital, Volume III
''Capital. A Critique of Political Economy. Volume III: The Process of Capitalist Production as a Whole'' (german: Das Kapital. Kritik der politischen Ökonomie Dritter Band. Buch III: Der Gesammtprocess Der Kapitalistischen Produktion), is the third volume of '' Capital: Critique of Political Economy''. It was prepared by Friedrich Engels from notes left by Karl Marx and published in 1894. Contents Volume III is in seven parts: # The conversion of Surplus Value into Profit and the rate of Surplus Value into the rate of Profit # Conversion of Profit into Average Profit # The Law of the Tendency of the Rate of Profit to Fall # Conversion of Commodity Capital and Money Capital into Commercial Capital and Money-Dealing Capital (Merchant's Capital) # Division of Profit Into Interest and Profit of Enterprise, Interest Bearing Capital. # Transformation of Surplus-Profit into Ground Rent. # Revenues and Their Sources The work is best known today for Part 3 which in summary says that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital, Volume I
''Capital. A Critique of Political Economy. Volume I: The Process of Production of Capital'' (german: Das Kapital. Kritik der politischen Ökonomie Erster Band. Buch I: Der Produktionsprocess des Kapitals) is the first of three treatises that make up ''Das Kapital'', a critique of political economy by the German philosopher and economist Karl Marx. First published on 14 September 1867, Volume I was the product of a decade of research and redrafting, and is the only part of ''Das Kapital'' to be completed during Marx's life. It focuses on the aspect of capitalism that Marx refers to as the capitalist mode of production, or the way in which capitalism organizes society to produce goods and services. The first two parts of the work deal with the fundamentals of classical economics, including the nature of value, money, and commodities. In these sections, Marx defends and expands upon the labor theory of value as advanced by Adam Smith and David Ricardo. Starting with the next thr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postone, Moishe
Moishe Postone (April 17, 1942 – March 19, 2018) was a Canadian historian and social theorist. He was a professor of history at the University of Chicago, where he was part of the Committee on Jewish Studies. Life and career Postone was born on April 17, 1942, the son of a Canadian rabbi. He received his PhD from University of Frankfurt in 1983. His research interests included modern European intellectual history; social theory, especially critical theories of modernity; 20th-century Germany; antisemitism; and contemporary global transformations. He was co-editor with Craig Calhoun and Edward LiPuma of ''Bourdieu: Critical Perspectives'' and author of '' Time, Labor and Social Domination: A Reinterpretation of Marx's Critical Theory''. He was also co-editor with Eric Santner of ''Catastrophe and Meaning: The Holocaust and the Twentieth Century'', a collection of essays that consider the meaning of the Holocaust in twentieth-century history and its influence on historical ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ernest Mandel
Ernest Ezra Mandel (; also known by various pseudonyms such as Ernest Germain, Pierre Gousset, Henri Vallin, Walter (5 April 1923 – 20 July 1995), was a Belgian Marxian economist, Trotskyist activist and theorist, and Holocaust survivor. He fought in the underground resistance against the Nazis during the occupation of Belgium. Life Born in Frankfurt, Mandel was recruited to the Belgian section of the international Trotskyist movement, the Fourth International, in his youth in Antwerp. His parents, Henri and Rosa Mandel, were Jewish emigres from Poland, the former a member of Rosa Luxemburg's and Karl Liebknecht's Spartacist League. The beginning of Mandel's period at university was interrupted when the German occupying forces closed the university. During World War II, while still a teenager, he joined the Belgian Trotskyist organisation alongside Abraham Leon and Martin Monath. He twice escaped after being arrested in the course of resistance activities, and survived imp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvey, David
David W. Harvey (born 31 October 1935) is a British-born Marxist economic geographer, podcaster and Distinguished Professor of anthropology and geography at the Graduate Center of the City University of New York (CUNY). He received his PhD in geography from the University of Cambridge in 1961. Harvey has authored many books and essays that have been prominent in the development of modern geography as a discipline. He is a proponent of the idea of the right to the city. In 2007, Harvey was listed as the 18th most-cited author of books in the humanities and social sciences in that year, as established by counting citations from academic journals in the Thomson Reuters ISI database. Early life and education David W. Harvey was born in 1935 in Gillingham, Kent. He attended Gillingham Grammar School for Boys and St John's College, Cambridge (for both his undergraduate and post-graduate studies). Harvey's early work, beginning with his PhD (on hops production in 19th century ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ben Fine
Ben Fine (born 1948) is Professor of Economics at the University of London's School of Oriental and African Studies. Background Fine was born in Coventry in 1948. One of six brothers, he and all but one other followed their father and studied mathematics at the University of Oxford. Fine graduated at the age of 20, and then was recruited by Sir James Mirrlees, completing an economics degree. He took his doctorate in economics at the London School of Economics, under the supervision of Amartya Sen, in 1974. He moved to the newly established economics department at Birkbeck, University of London, later working part-time as an industrial economist at the Greater London Council prior to its abolition. He was a member of the Social Science Research Committee of the UK’s Food Standards Agency, that met until 2016. Currently, Ben Fine is emeritus professor of economics at the Department of Economics at SOAS, University of London. He is on the Economists' Oversight Group of the Citize ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
L'Humanité
''L'Humanité'' (; ), is a French daily newspaper. It was previously an organ of the French Communist Party, and maintains links to the party. Its slogan is "In an ideal world, ''L'Humanité'' would not exist." History and profile Pre-World War II ''L'Humanité'' was founded in 1902 by Jean Jaurès, a leader of the French Section of the Workers' International (SFIO). Jaurès also edited the paper until his assassination on 31 July 1914. When the Socialists split at the 1920 Tours Congress, the Communists took control of ''L'Humanité''. Therefore, it became a communist paper despite its socialist origin. The PCF has published it ever since. The PCF owns 40 per cent of the paper with the remaining shares held by staff, readers and "friends" of the paper. The paper is also sustained by the annual ''Fête de l'Humanité'', held in the working class suburbs of Paris, at Le Bourget, near Aubervilliers, and to a lesser extent elsewhere in the country. The fortunes of ''L'Humanité' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marxism Today
''Marxism Today'', published between 1957 and 1991, was the theoretical magazine of the Communist Party of Great Britain. The magazine was headquartered in London. It was particularly important during the 1980s under the editorship of Martin Jacques. Through ''Marxism Today'', Jacques is sometimes credited with coining the term "Thatcherism", and believed they were deconstructing the ideology of the government of the-then Prime Minister of the United Kingdom, Margaret Thatcher, through their theory of New Times. It was also a venue for the influential British cultural studies of Stuart Hall. It was the standard-bearer for the reformist wing of the CPGB in the years 1977–1991. See p. 178ff. A special issue was published in 1998, seven years after the magazine's demise. Until 1998, the ''New Statesman The ''New Statesman'' is a British political and cultural magazine published in London. Founded as a weekly review of politics and literature on 12 April 1913, it was at fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Althusser, Louis
Louis Pierre Althusser (, ; ; 16 October 1918 – 22 October 1990) was a French Marxist philosopher. He was born in Algeria and studied at the École normale supérieure in Paris, where he eventually became Professor of Philosophy. Althusser was a long-time member and sometimes a strong critic of the French Communist Party (''Parti communiste français'', PCF). His arguments and theses were set against the threats that he saw attacking the theoretical foundations of Marxism. These included both the influence of empiricism on Marxist theory, and humanist and reformist socialist orientations which manifested as divisions in the European communist parties, as well as the problem of the cult of personality and of ideology. Althusser is commonly referred to as a structural Marxist, although his relationship to other schools of French structuralism is not a simple affiliation and he was critical of many aspects of structuralism. Althusser's life was marked by periods of intense menta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transformation Problem
In 20th-century discussions of Karl Marx's economics, the transformation problem is the problem of finding a general rule by which to transform the "values" of commodities (based on their socially necessary labour content, according to his labour theory of value) into the "competitive prices" of the marketplace. This problem was first introduced by Marx in chapter 9 of the draft of volume 3 of ''Capital'', where he also sketched a solution. The essential difficulty was this: given that Marx derived profit, in the form of surplus value, from direct labour inputs, and that the ratio of direct labour input to capital input varied widely between commodities, how could he reconcile this with a tendency toward an average rate of profit on all capital invested among industries, if such a tendency (as predicted by Marx and Ricardo) exists? Marx's theory Marx defines value as the number of hours of labor socially necessary to produce a commodity. This includes two elements: First, it i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prices Of Production
Prices of production (or "production prices"; in German ''Produktionspreise'') is a concept in Karl Marx's critique of political economy, defined as "cost-price + average profit". A production price can be thought of as a type of supply price for products; it refers to the price levels at which newly produced goods and services would have to be sold by the producers, in order to reach a normal, average ''profit rate'' on the ''capital'' invested to produce the products (not the same as the profit on the turnover). The importance of these price levels is, that a lot of other prices are based on them, or derived from them: in Marx's theory, they determine the cost structure of capitalist production. The market prices of products normally oscillate around their production prices, while production prices themselves oscillate around product-''values'' (the average current replacement cost in labour-time required to make each type of product). This understanding already existed in clas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
