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:
Table of Contents:
  • 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.