دورية أكاديمية
Marx's Contributions and their Relevance Today.
| العنوان: | Marx's Contributions and their Relevance Today. |
|---|---|
| المؤلفون: | Gurley, John G. |
| المصدر: | American Economic Review; May84, Vol. 74 Issue 2, p110, 6p |
| مصطلحات موضوعية: | ECONOMICS, ECONOMISTS, ECONOMIC development, INVESTORS, WORKING class, ECONOMIC expansion, BUSINESS cycles |
| People: | MARX, Karl, 1818-1883 |
| مستخلص: | Economist Karl Marx made at least seven major contributions to political economy. First, he established a framework the materialist conception of history for analyzing economic, social, and political changes over long periods of time. Marx showed that a society's social or class relations ultimately became impediments to the further development of its productive forces. In order for the productive forces to gain the conditions for their further advance, the rising class associated with the economic expansion would have to overcome, in one way or another, the prevailing ruling classes who were tied to the older productive forces. Once the relations of production were radically altered, political, ideological, and cultural changes would follow. Marx concluded that all class societies, including capitalism, are transitory. Second, Marx investigated the production and circulation processes of industrial capitalism, from which he formulated a labor theory of value for analyzing the exploitation of workers by the capital-owning class. In this analysis, Marx found the origin of surplus value, the methods employed by capitalists to increase surplus value, and the role of the price system in redistributing the surplus value among capitalists. Marx concluded that the working class was bound to suffer impoverishment relative to the growing wealth around it, and, at times, absolutely. |
| قاعدة البيانات: | Complementary Index |
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