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Class and Property in Marx's Economic Thought - Exploring the Basis for Capitalism (Hardcover)
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Class and Property in Marx's Economic Thought - Exploring the Basis for Capitalism (Hardcover)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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This book presents the capitalist system as a function of the
interaction of the three basic classes in the capitalist social
formation. Through this, it shows how the corresponding conflicts
and clashes of interests between those classes - industrial
capitalists, wage labourers and landed proprietors - are
unavoidable for understanding contemporary economic structures.
Analysing these economic structures in relation to the forms of
property ownership, as well as the typical processes of production
connected with them, the author points out how Karl Marx's theory
of the capitalist social formation is closely connected with the
emergence and existence of a national money market. At the same
time, the book places a special emphasis on Marx's theory of ground
rent and modern landed property, an aspect misinterpreted by many
authors; and through an evaluation of the most important Marxian
categories regarding the analysis of the world market and its
development, further emphasis is placed on the concept of
differences in labour intensity between nations. This evaluation
illustrates how the main categories of capital, wage labour and
landed property acquire a completely different internal relation in
poor countries compared to Western capitalist societies. Class and
Property in Marx's Economic Thought aims at exposing a method for
analysing contemporary capitalism through focusing on the basic
relations of population groups in the capitalist social formation.
It will be of interest to students and researchers within the field
of economics, as well as other social sciences.
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