Value, Technical Change and Crisis: Explorations in Marxist Economic Theory

Value, Technical Change and Crisis: Explorations in Marxist Economic Theory

by David Laibman


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Value, Technical Change and Crisis: Explorations in Marxist Economic Theory by David Laibman

This text brings together studies in various aspects of the theory of the capitalist economy. It focuses on major themes of the Marxist tradition that postulate the existence and importance of social relations and structures underlying the esoteric realm of economic categories: prices, profits, wages, etc. The author takes a reappraising, critical look at the concepts of the deep structure - value, explitation, immanent crisis - using the analytical tools of modern economics to improve those concepts. The book is divided into four parts. Part 1 explores the essential nature of capitalism, re-examining problems in the theory of value and exploitation. Part 2 tackles the issue of capitalism-specific paths of growth and technical change, putting forward a rigorous theory of biased technical change and non-steady-state growth. Part 3 examines the cyclical character of capitalist growth and the theory of crises. Finally, Part 4 places capitalism in the wider framework of modes of production, considering the theory of precapitalist formations and aspects of the theory and practical experience of socialism. The guiding theme is the combination, or confrontation, of rigorous, quantitative analytical techniques with equally demanding qualitative and political-economic conceptualization. The book's premise is that this interface is essential to a progressive yet distinctively Marxist social theory.

Product Details

ISBN-13: 9780873327367
Publisher: Taylor & Francis
Publication date: 06/30/1992
Pages: 392
Product dimensions: 6.00(w) x 9.00(h) x 0.82(d)
Age Range: 18 Years

Table of Contents

This volume in the 'General Demography of Africa' series encompasses many nations and focuses on a feature of the censuses - household relationships. African households rank among the most complex in the world. This work makes it possible to investigate relationships among individuals within the household and relate them to household characteristics such as structure and headship. In addition to discussing household composition in comparative terms, the book pays special attention to the place of women in the household, and to the residence of children and the aged. The analyses use micro-data from a variety of countries including Botswana, Burkina Faso, Cameroon, Cote d'Ivoire, the Gambia, Senegal, Kenya and the Republic of South Africa.

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