This volume studies the development of Marxian value theory in a modernised context. The controversy about Marx's value theory is now in its third stage. The first stage was marked by Bohm-Bawerk, and the second by Samuelson soon after the World War II. In this second stage, the basic results in Marx's economics were examined and formulated by Okishio and Morishima-Seton in the Leontief economy case. The third stage was opened by Morishima, who developed the Marxian theory of value on the ba is of von Neumann's theory. In Chapters I through IV, a concise but comprehensive overview of the pOints in Marx's value theory is presented from the Leontief to von Neumann economy cases. Based on the above, the two subjects, namely, the reduction of skilled labour and heterogeneous labour and the Marxian theory of differential rent, are developed in Chapters V and VI respectively. These topics, especially the reduction problem, seem not to have been duly discussed in other literature. The main concern of our discussion, in Chapters I through V in particular, is the so-called fundamental Marxian theorem and the dual dualities, i.e., the duality of price and quanti y systems on the basis of the duality of value and price. Th. uthor also tried to shed light on superhistorical aspects of Marxian vaiue theory, which ought to give a clue to the insight of the commodity production in general. The author acknowledges thanks to Professors S.Koshimura, A.

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**Book Description **Heidelberg New York : Springer Berlin, 1982. (Berlin, Book Condition: Neu. Gebraucht - Sehr gut front- and back cover with some shelf wear; ungelesen, sehr guter Zustand; Rechnung mit MwSt.; unused/unread, very good condition; - I. Marx s theory of value, price and growth in a Leontief economy Introduction.- 1. The theory of value and surplus value.- 2. The fundamental Marxian theorem.- 3. Theory of transformation.- 4. Conclusions Criticism and defence.- II. Fixed capital and the theory of value Introduction.- 1. Value and price in a narrow plain economy.- 2. The quantity system and replacement in kind.- III. Joint-production and the theory of value Introduction Problems.- 1. Productiveness, value and inferior processes.- 2. Alternative definitions of value.- 3. Profitability and reproducibility The fundamental Marxian theorem.- 4. Transformation theorems.- 5. Conclusions.- IV. Marx-von Neumann s theory of value Introduction.- 1. The theory of optimum value.- 2, The fundamental Marxian theorem, generalised.- 3. Concluding remarks.- V. Reduction of heterogeneous labour Introduction Problems.- 1. Reduction of skilled labour to unskilled labour in a Leontief economy The theory of value and surplus value.- 2. The fundamental Marxian theorem.- 3. A von Neumann economy with heterogeneous labour.- 4. Concluding remarks On other discussions.- VI. Fundamental analysis of differential rent Introduction Problems.- 1. Differential rent in a Leontief economy.- 2. The productivity of capital and differential rent.- 3. A simplified case.- 4. Concluding remarks.- Epilogue.- Mathematical Addenda.- Footnotes.- References. Englisch. Bookseller Inventory # INF1000343802

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**Book Description **Springer. Paperback. Book Condition: New. Paperback. 169 pages. Dimensions: 9.6in. x 6.7in. x 0.4in.This volume studies the development of Marxian value theory in a modernised context. The controversy about Marxs value theory is now in its third stage. The first stage was marked by Bohm-Bawerk, and the second by Samuelson soon after the World War II. In this second stage, the basic results in Marxs economics were examined and formulated by Okishio and Morishima-Seton in the Leontief economy case. The third stage was opened by Morishima, who developed the Marxian theory of value on the bais of von Neumanns theory. In Chapters I through IV, a concise but comprehensive overview of the pOints in Marxs value theory is presented from the Leontief to von Neumann economy cases. Based on the above, the two subjects, namely, the reduction of skilled labour and heterogeneous labour and the Marxian theory of differential rent, are developed in Chapters V and VI respectively. These topics, especially the reduction problem, seem not to have been duly discussed in other literature. The main concern of our discussion, in Chapters I through V in particular, is the so-called fundamental Marxian theorem and the dual dualities, i. e. , the duality of price and quantiy systems on the basis of the duality of value and price. Th. uthor also tried to shed light on superhistorical aspects of Marxian vaiue theory, which ought to give a clue to the insight of the commodity production in general. The author acknowledges thanks to Professors S. Koshimura, A. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Bookseller Inventory # 9783540119494

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