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A Foundation Model for Marxian Theories of the Breakdown of Capitalism

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dc.creator Petith, Howard
dc.date 2007-11-06T11:00:50Z
dc.date 2007-11-06T11:00:50Z
dc.date 2001-06-15
dc.date.accessioned 2017-01-31T00:58:11Z
dc.date.available 2017-01-31T00:58:11Z
dc.identifier http://hdl.handle.net/10261/1918
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1918
dc.description This paper first appeared as a working paper of the UAB in 1992.
dc.description Marx and the writers that followed him have produced a number of theories of the breakdown of capitalism. The majority of these theories were based on the historical tendencies: the rise in the composition of capital and the share of capital and the fall in the rate of profit. However these theories were never modeled with main stream rigour. This paper presents a constant wage model, with capital, labour and land as factors of production, which reproduces the historical tendencies and so can be used as a foundation for the various theories. The use of Chaplygins theorem in the proof of the main result also gives the paper a technical interest.
dc.description Financial support from Dirección General de Investigación project # SEC2000-0684 is acknowledged.
dc.language eng
dc.relation UFAE and IAE Working Papers
dc.relation 490.01
dc.rights openAccess
dc.subject Marx, Karl
dc.subject Breakdown
dc.subject Capitalism
dc.title A Foundation Model for Marxian Theories of the Breakdown of Capitalism
dc.type Documento de trabajo


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