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Titlebook: An Introduction to Marxist Economics; George Catephores Textbook 1989Latest edition George Catephores 1989 capitalism.economics.Karl Marx

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Economics and historical materialismne example among many, there is probably nothing more individualistic than the private motor car. Yet, its use in the centre of cities notoriously destroys the presumed objective of individuals, fast, independent and comfortable travel.
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The rise of collective capitalismof asserting their interests. Consequently they adopt the aim of socialism as their long-term, historic mission. Needless to say, Marx identified this social force as the working class. Material preconditions constitute the topic of the present chapter, while the role of the working class is left for Chapter 10.
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Economics and historical materialismtion. Their economic practices, the whole pervasive ethos of their society, rest on the assumption of individualism, of personal gain. Yet, the abstract individualism of their living conditions often turns out to be a hindrance rather than a help to the achievement of individual aims. To take just o
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The labour theory of valueoitation in Chapter 4 and of capital accumulation in Chapter 5. The theory is presented as a quantification of economic relations in simple commodity production described in Chapter 2. Being, however, mainly intended for the analysis of capitalism, the labour theory of value cannot be fully stated u
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Value, labour power and exploitationn of exploitation. It begins with a description of the attitude of economic theorists to this problem, continues with a detailed analysis of the Marxist view and concludes with some comments on two non-Marxist explanations of the phenomenon of profit.
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Money and growthat individuals have to bend to economic necessity, no matter what their feelings might be. This is certainly not correct. Integration of individuals in the system of production relations is a complex process, in which psychology plays an important part. Marxism refuses to reduce all explanations of
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Capitalism and crisis effect, the concept of ‘fettering’ will be examined first, followed by an explanation of the mechanisms which bring it about. For the original development of these ideas the writings of Marx, Engels and Lenin will be surveyed briefly, in the spirit also of whatever shifts of emphasis have been regi
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The falling tendency of the rate of profital validity has been repeatedly tested statistically, without conclusive results.. In more recent discussions its logical validity has also come under heavy challenge.. Disagreements about the very meaning of the theory are many and hard to resolve by reference to the original sources. Marx’s statem
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