A mathematical approach to Marxian value theory : time, money, and labor productivity
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Bibliographic Information
A mathematical approach to Marxian value theory : time, money, and labor productivity
（Marx, Engels, and Marxisms / Terrell Carver and Marcello Musto, series editors）
Palgrave Macmillan, c2022
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Note
Includes bibliographical references and index
Description and Table of Contents
Description
This book clarifies the quantitative relationship between time, money, and labor productivity from the perspective of Marxian labor theory of value. The book is divided into four main parts. Part I introduces the relationship between time and money in the context of Marxian value theory. Part II explores the theory of labor exploitation. Part III turns to analysis of the rate of profit, which is a primary characteristic of classical and Marxian economics. Part IV is devoted to suggesting a new research direction in light of the main conceptual innovation of the book.
Table of Contents
1. Introduction
Part I. Value and Price
2. The Quantitative Connection between Value and Price
3. The New Interpretation: Toward a Critical Development
Part II. Exploitation of Labor
4. Labor Exploitation as the Origin of Profits
5. An Axiomatic Approach and the New Interpretation
Part III. Rate of Profit
6. The Okishio Theorem
7. Falling Rate of Profit: Falsifiable or Not?
8. Piketty after Marx
Part IV. A New Research Direction
9. Price-Value Relation with Stochastic Profit Rate and Labor Heterogeneity
10. On Marx's Distinction between Produktivkraft und Produktivitat
11. Toward an Integrated Analysis of Labor Productivity
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