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Full Description
The West has a lot to learn from Japanese Marxist economics, which brings concepts like surplus value, class, the exploitation of labour and commodification to neoclassical economics. This classic work, following in the footsteps of Nobuo Okishio, Michio Morishima and Kozo Uno, provides a historical perspective on political economy and labour exploitation using extensive mathematical modelling.
Suitable for students of economics, this is a new way to approach mainstream economics from a Marxist angle, and a fresh perspective on historical materialism.
Contents
Preface
1. Human Being in Marxian Materialism: Human Beings, Nature, and Relations of Production
2. Capitalism as a Commodity Producing Society: Quantitative Character of Capitalistic Production, and Capital as Self-valorizing Value
3. Capitalism as the Industrial Society: Qualitative Character of Capitalistic Production, and Capital as Self-Valorizing Value
4. The Growth and Death of Capitalism: Accumulation Theory, A New Quality Created by Quantity
5. The Distribution of Produced Surplus Value among Industries and to Non-Productive Sectors
6. Pre-Capitalistic Economic Formations
Addendum I: Decentralized Market Model of the Marxian Optimal Growth Theory
Addendum II: Class-Dynamics Incorporated in the Marxian Optimal Growth Model
Addendum III: A Conversion of the Analytical Marxist Model to Labor Hire Model to Express the Historical Trend of Firm Size Disparity
Mathematical Appendix: How to Solve Dynamic Optimization Problems
