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Money and Abstract Labour - On the Analytical Foundations of Political Economy (Paperback)
Loot Price: R470
Discovery Miles 4 700
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Money and Abstract Labour - On the Analytical Foundations of Political Economy (Paperback)
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Loot Price R470
Discovery Miles 4 700
Expected to ship within 10 - 15 working days
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Recent trends in Marxist economic theory have sponsored the methods
of modern logic and mathematics. In doing so, they have displaced
not only the relatively philosophical style of reflection found in
Capital but also certain key problems addressed there by Marx.
Ulrich Krause breaks new ground by applying mathematical techniques
in an analysis of labor, money and exchange. Rejecting the notion
of "homogeneous labor" as a basis of value theory, Krause develops
his own understanding of the Marxist concept of "abstract labor,"
which he then integrates with an analysis of money in the process
of commodity exchange. His book concludes with a new discussion of
Marx's theory of value and surplus-value. Money & Abstract
Labour is a major intervention in one of the most vigorously
contested areas of contemporary economic theory.
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