A Marxian Model of the Breakdown of Capitalism

Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1907

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DC Field	Value	Language
dc.creator	Petith, Howard	-
dc.date	2007-11-06T10:45:26Z	-
dc.date	2007-11-06T10:45:26Z	-
dc.date	2001-04-19	-
dc.date.accessioned	2017-01-31T00:58:10Z	-
dc.date.available	2017-01-31T00:58:10Z	-
dc.identifier	http://hdl.handle.net/10261/1907	-
dc.identifier.uri	http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1907	-
dc.description	This paper first appeared as a working paper of the UAB in 1992.	-
dc.description	This paper sets out a Marxian model that is based on the one by Stephen Marglin with one sector and continuous substitution. It is extended by adding technical progress and land as a factor of production. It is then shown that capital accumulation causes the preconditions for the breakdown of capitalism to emerge; that is, it causes the organic composition of capital to rise, the rate of profit to fall and the rate of exploitation to rise. A compressed history of the idea of the breakdown of capitalism is then set out and an explanation is given as to how the model relates to this and how it may serve as the basis for further research.	-
dc.description	Financial support from DGCYT grants PB95-0130-C02-01 and PB96-1160-C02-02 is acknowledged.	-
dc.language	eng	-
dc.relation	UFAE and IAE Working Papers	-
dc.relation	484.01	-
dc.rights	openAccess	-
dc.subject	Marx, Karl	-
dc.subject	Rate of profit	-
dc.subject	Rate of exploitation	-
dc.subject	Composition of capital	-
dc.title	A Marxian Model of the Breakdown of Capitalism	-
dc.type	Documento de trabajo	-
Appears in Collections:	Digital Csic

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