Name: How Labor Powers the Global Economy: A Labor Theory of Capitalism
Price: 3432.00 TWD
Availability: InStock
Author: Farjoun, Emmanuel D. ; Machover, Moshé ; Zachariah, David
ISBN: 9783030933234

portada How Labor Powers the Global Economy: A Labor Theory of Capitalism

How Labor Powers the Global Economy: A Labor Theory of Capitalism

Type

Physical Book

Author

Publisher

Language

English

Pages

154

Format

Paperback

Dimensions

23.4 x 15.6 x 0.9 cm

Weight

0.24 kg.

ISBN13

9783030933234

Edition No.

Synopsis "How Labor Powers the Global Economy: A Labor Theory of Capitalism"

This book presents a probabilistic approach to studying the fundamental role of labor in capitalist economies and develops a non-deterministic theoretical framework for the foundations of political economy. By applying the framework to real-world data, the authors offer new insights into the dynamics of growth, wages, and accumulation in capitalist development around the globe. The book demonstrates that a probabilistic political economy based on labor inputs enables us to describe central organizing principles in modern capitalism. Starting from a few basic assumptions, it shows that the working time of employees is the main regulating variable for determining strict numerical limits on the rate of economic growth, the range of wages, and the pace of accumulation under the present global economic system. This book will appeal to anyone interested in how the capitalist mode of production works and its inherent limitations; in particular, it will be useful to scholars and students of Marxian economics."Emmanuel Farjoun and Moshé Machover, follow up their pathbreaking work on the application of statistical physics methods to political economy in this book with David Zachariah, in which they develop methods for making educated and structured estimates of stylized facts applicable to capitalist economies. There's a lot for economists and anyone interested in the political economy of capitalism to learn from their reasoning on these issues, including their novel and challenging suggestion of bounds on the rates of increase of use-value productivity of labor, and on the range of variation of the wage share."Duncan K. Foley, Leo Model Professor of Economics, New School for Social Research

Customers reviews

Have you read this book? Login to add your review.

More customer reviews

0% (0)
0% (0)
0% (0)
0% (0)
0% (0)

Questions and Answers about the Book

Do you have a question about the book? Login to be able to add your own question.

Opinions about Bookdelivery

More customer reviews

How Labor Powers the Global Economy: A Labor Theory of Capitalism - Farjoun, Emmanuel D. ; Machover, Moshé ; Zachariah, David

Synopsis "How Labor Powers the Global Economy: A Labor Theory of Capitalism"

Customers reviews

Frequently Asked Questions about the Book

Is the book original?

In what language is the book written?

What is the format of this book?

Questions and Answers about the Book

Opinions about Bookdelivery