The Basic Theory of Capitalism: The Forms and Substance of the Capitalist Economy

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Rowman & Littlefield, 1988 - 432 страница
Beginning with a clear-cut review of the major economic schools, this book systematically studies the strengths and weaknesses in Marx's Capital proposes original solutions to the issues of value, labor and crises. The author thus provides an insight into the basic character of capitalism and its superficial forms and social substance.

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The Birth of the Theoretical System of Capitalism
1
12 PHYSIOCRACY
4
13 THE CLASSICAL SCHOOL
9
Adam Smith
10
David Ricardo
14
The Dissolution of the Classical School and the Diversification of Schools
20
Utopian Socialism
22
The Revisionist Succession to Classical Theory
24
62 THE JOINT PRODUCTION PROBLEM
167
AntiCritiques
169
An Alternative Solution
172
63 THE REPRODUCTION SCHEMES AND THE LAW OF VALUE
176
The Form and Substance of Value in the Reproduction
180
The Social Foundation of the Law of Value
189
Competition among Capitals
197
The Transformation Controversy
208

22 THE HISTORICAL SCHOOL
25
23 THE NEOCLASSICAL SCHOOL
28
The Marxian Theory of Capitalism
37
The Role of Historical Materialism
41
Political Economy in the Manifesto
45
32 THE SCOPE OF THE THEORETICAL SYSTEM OF CAPITAL
49
Marxs Initial Plan and the Scope of Capital
53
How to Locate and Complete Capital
57
33 THE TASKS OF MARXIAN STUDIES AFTER CAPITAL
60
The Tasks of the Basic Theory
63
The Forms of Value Commodity Money and Capital
71
The Valueform of Commodities
76
42 MONEY AND THE CIRCULATION OF COMMODITIES
85
The Means of Circulation
89
Money as the Absolute Form of Value
93
43 THE TRANSFORMATION OF MONEY INTO CAPITAL
95
Another Transformation Problem
100
Capitalist Production and the Law of Value
107
Abstract Labour
111
SurplusLabour
120
52 THE LAW OF VALUE AND THE VALORISATION PROCESS
125
The Value of Labourpower
134
Production of Surplusvalue
139
The Extension of the Theory of the Substance of Value
147
61 SKILLED LABOUR IN THE VALUE THEORY
148
The Recent Technological Analyses
152
The Historical and Universal Basis for a Solution
156
The Theory of Prices of Production Reconsidered
218
72 THE MARKET PRICES OF PRODUCTION
224
73 GROUNDRENT AND LANDED PROPERTY
233
Differential Rent
235
Absolute Rent
244
The Mobilisation of Capitals
248
81 COMMERCIAL CAPITAL
249
82 THE CREDIT SYSTEM
255
Commercial Credit
258
Bank Credit
262
The Rate of Interest
271
83 JOINTSTOCK CAPITAL
274
Business Cycles and Crises
286
92 THE LAW OF CAPITALIST ACCUMULATION
291
93 REGULAR BUSINESS CYCLES AND CRISES
299
Crisis
309
Depression
314
94 BUSINESS CYCLES AND THE LAW OF VALUE
321
95 THE METAMORPHOSES OF THE BUSINESS CYCLE AND THE LONG WAVES
329
On Socialism
343
102 THE IMPLICATIONS OF VALUE THEORY FOR SOCIALISM
350
The Concept of Laboursubstance for Socialism
358
103 ACCUMULATION AND THE STATE IN SOCIALISM
364
Notes
372
Bibliography
413
Index
422
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