Economics : Marxian versus neoclassical / Richard D. Wolff and Stephen A. Resnick.

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Bibliographic Details
Main Author: Wolff, Richard D.
Other Authors: Resnick, Stephen A.
Format: Book
Language:English
Published: Baltimore : Johns Hopkins University Press, [1987]
Subjects:

MARC

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100 1 |a Wolff, Richard D.  |0 n 84202721  
245 1 0 |a Economics :  |b Marxian versus neoclassical /  |c Richard D. Wolff and Stephen A. Resnick. 
264 1 |a Baltimore :  |b Johns Hopkins University Press,  |c [1987] 
264 4 |c ©1987 
300 |a xiv, 279 pages :  |b illustrations ;  |c 24 cm 
336 |a text  |b txt  |2 rdacontent 
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338 |a volume  |b nc  |2 rdacarrier 
340 |p illustration  |2 rdaill 
504 |a Includes bibliographical references and index. 
505 0 |a Two Different Theories -- This Book and Theories of Economics -- Theories: Economic and Otherwise -- Economic Theories in Disagreement -- Are We All Economic Theorists? -- Theories and Society -- Theoretical Differences -- Neoclassical Theory -- Marxian Theory -- Theoretical Differences Today -- Comparing Different Economic Theories -- Comparing Theories in General -- The Logics of Different Theories -- How Theoretical Differences Matter -- An Overview of Two Theories -- The Objects and Logic of Neoclassical Theory -- The Objects of Marxian Theory -- A Digression: Theories and Their Objects -- The Logic of Marxian Theory -- Communication between Neoclassical and Marxian Economists -- The History of Two Theories -- Transition from Feudalism to Capitalism in Europe -- The New Economic Theories -- Classical Political Economy -- The History of Neoclassical Economics -- The History of Marxian Economics -- Neoclassical Theory -- The Neoclassical Tradition -- Neoclassical Theory's Contributions -- Neoclassical Theory since Adam Smith -- Which Economic Theory Shall We Present? -- Market Values: The Analytics of Supply and Demand -- The Determinants of Supply and Demand -- Markets, Private Property, Conservatives, and Liberals -- Preferences: Determining the Demand for Commodities -- Preferences: Determining the Supply of Labor -- Preferences and Scarcity: Determining the Demand for Labor -- The Determination of Wages and Commodity Demands -- Preferences: Determining the Supply of Capital -- Preferences and Scarcity: Determining the Demand for Capital -- The Determination of Profits -- The Distribution of Income in Society: Wages and Profits -- Preferences and Scarcity: Determining the Supply of Commodities -- Demand and Supply Again: The Determination of Prices -- Efficiency and Markets: Adam Smith's "Invisible Hand" -- Pareto Optimality -- Criticisms of Neoclassical Theory -- The Challenge of Keynes -- The Neoclassical Answer to Capitalist Recessions -- The Keynesian Answer to Capitalist Recessions -- Reactions to Keynesian Theory -- The Role of the State in Capitalist Society -- Rational Expectations -- Marxian Theory -- The Marxian Tradition and Its Theories -- Marx's Contributions -- Marxism since Marx -- Which Marxian Theory Shall We Present? -- The Logical Structure of Marxian Theory -- The Basic Concepts of Marxian Economics -- Overdetermination and Process -- Contradictions -- Processes, Activities, and Relationships -- A Theoretical Dilemma -- Marxian Theory and Its Entry Point -- The Class Process -- The Marxian Concept of Class -- The Fundamental Class Process and Exploitation -- The Subsumed Class Process -- Different Forms of the Fundamental Class Process -- Social Formations and Social Transitions -- The Capitalist Fundamental Class Process and Commodities -- Products, Markets, and Commodities -- Commodity Values -- Commodities and Fundamental Class Processes -- Marx's Labor Theory of Commodity Values -- The Surplus Value of Capitalist Commodities -- A Summary of Marxian Value Theory -- Capitalists and Laborers -- What are Capitalists? -- What are Laborers? -- Exploitation -- Class Struggles -- The Complexity of Industrial Capitalist Firms -- Competition -- Competition and the Accumulation of Capital -- Capitalist Economies and Social Development -- Growth of a Capitalist World Economy -- Capitalism and Real Incomes -- The Cycles or Crises of Capitalist Economies -- Capitalist Subsumed Classes -- Moneylenders and Subsumed Classes -- Managers and Subsumed Classes -- Merchants and Subsumed Classes -- Other Capitalist Subsumed Classes -- Class Positions and Individuals' Incomes -- Class Processes and the Distribution of Income -- Occupying Multiple Class and Nonclass Positions -- The Complex Class Structure of Capitalist Firms -- The Class Analysis of Capitalist Firms -- Capitalists and Corporate Boards of Directors -- A Marxian Theory of Industrial Profit -- The Complex Class Structure of Other Social Sites -- Class Analysis and Households -- Class Analysis and the State -- Class Analysis and International Relations -- Why Does Marxian Theory Make Class Its Entry Point? -- Rising Exploitation with Rising Real Wages -- The Importance of Theoretical Differences -- Marxism versus Neoclassical Theory -- Different Points of Entry -- Different Logics -- Different Objects of Analysis -- Different Theories of Value -- Analytical Consequences of Contending Theories -- Income Distribution: The Neoclassical View -- Capitalism: The Neoclassical View -- Poverty: The Neoclassical View -- Income Distribution: The Marxian View -- Different Explanations of Profit -- Political Consequences of Contending Theories -- Which Theory Do We Choose? -- Choosing Theories Because of Their Consequences -- Choosing Theories Based on an Absolute Standard -- Choosing Economic Theories and Choosing Epistemologies. 
530 |a Also issued online. 
650 0 |a Comparative economics.  |0 sh 85029296  
650 0 |a Economics.  |0 sh 85040850  
650 0 |a Marxian economics.  |0 sh 85081688  
650 0 |a Neoclassical school of economics.  |0 sh 85090746  
700 1 |a Resnick, Stephen A.  |0 n 84202720  
776 0 8 |i Online version:  |a Wolff, Richard D.  |t Economics.  |d Baltimore : Johns Hopkins University Press, ©1987  |w (OCoLC)574388031 
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