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Theories of Surplus Value Part 1

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Format

Theories of Surplus Value Part 1 - Paperback is backordered and will ship as soon as it is back in stock.


Care information

Keep books away from direct sunlight and damp conditions to protect the binding and pages. Handle with clean, dry hands and use a bookmark instead of folding page corners.

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Description

Theories of Surplus Value is a draft manuscript written by Karl Marx between January1862 and July 1863. It is mainly concerned with the West European theorizing about Mehrwert (added value or surplus value) from about 1750, critically examining the ideas of British, French and German political economists about wealth creation and the profitability of industries. At issue are the source, forms and determinants of the magnitude of surplus value and Marx tries to explain how failing to solve basic contradictions in its labour theories of value the classical school of political economy eventually broke up, leving only "vulgar political economy" which no longer tried to provide a consistent, integral theory of capitalism, but instead offered only an eclectic amalgam of theories which seemed pragmatically useful or which justified the rationality of the market economy.

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