Invisible Leviathan.
In this updated and expanded edition of Invisible Leviathan, Murray E.G. Smith critically explores and makes significant contributions to the debate surrounding Karl Marx's ̀capitalist law of value' and its corollary, the law of the falling rate of profit. A powerful case is presented that...
Saved in:
| Online Access: |
Full Text (via ProQuest) |
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| Main Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
Boston :
BRILL,
2018.
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| Series: | Historical Materialism Book Ser.
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| Subjects: |
| Summary: | In this updated and expanded edition of Invisible Leviathan, Murray E.G. Smith critically explores and makes significant contributions to the debate surrounding Karl Marx's ̀capitalist law of value' and its corollary, the law of the falling rate of profit. A powerful case is presented that capitalism has exhausted its potential to contribute to human progress. Humanity confronts a fateful choice: to allow this obsolescent system - which necessarily measures ̀wealth' in terms of ̀abstract social labour' and money profit - to destroy human civilization; or to make the leap toward a global, egalitarian-socialist society in which the satisfaction of human need is the starting-point and the all-round development of each and every human individual the goal of the socio-economic life process. |
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| Item Description: | Chapter 10. 'Testing Marx' in the Twilight of Capitalism: Marxian Value Categories, National Income Accounts, and the Crisis of Valorisation. |
| Physical Description: | 1 online resource (395 pages) |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9789004312203 900431220X |
| Source of Description, Etc. Note: | Print version record. |