Titlebook: Classical Political Economics and Modern Capitalism; Theories of Value, C Lefteris Tsoulfidis,Persefoni Tsaliki Book 2019 Springer Nature S

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Anthropoid

Controversial Issues in the Theories of Value and Distribution: The ‘Transformation Problem’ and the logical consistency of the classical theory of value and, in particular, to Marx’s labour theory of value. We explicate the various approaches and solutions to the transformation problem starting from Marx’s one, which, despite its semifinished character, was, as we argue, in the right direction th

LUT

Labour Values, Prices of Production and Wage Rate of Profit Curves in Actual Economiesin fact attracted to labour values and to prices of production as more concrete centres of gravitation. For this, we utilize detailed data starting from the US economy and include a number of countries and studies; we show that the classical theory of value contains explanatory power that cannot be

carbohydrate

Competition: Classical and Neoclassicalsible market share for themselves at the expense of their rivals. We argue that the classical dynamic theory of competition is characteristically different from the neoclassical static conception of competition as an end-state, where actual prices and quantities produced are compared to those that w

Systemic

Real Competition and Empirical Evidenceclassical theory of competition, that is, the inter-industry equalization of profit rates, is confirmed. The discussion extends to include important issues of classical competition, such as the presence of monopoly in actual economies and whether or not phenomena usually attributed to monopoly and i

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