Economic subjects and the shape of politics

Article Abstract:

Marxism concentrated on economic matters to the exclusion of political theory. As paradoxical as this may seem, it is argued that Marxist philosophy had merely a rudimentary notion of politics intimately linked to the concept of the state but provided no analytical tools to scrutinize political affairs. Marxism economized he political rather than politicized the economy. Marxist theory could be bolstered by the inclusion of a political theory based on a redefinition of the 'working class' through agency theory.

Political aspects, Philosophy, Marxist, Marxism

---

Socializing the surplus: a system of life estates

Article Abstract:

The division of surplus between investment and consumption under capitalism is not equitable and is based on the proportion of ownership of the means of production. An alternative which is more equitable would be to place the surplus under democratic control similar to mutual funds. This means that the division of surplus between investment and consumption would determine the rate of increase in productive resources. Surplus consumption, meanwhile, would be based on equitable distribution.

Distribution (Economics), Estates (Law), Surplus (Accounting)

---

Unequal exchange without a labor theory of prices: On the need for a global Marshall plan and a solidarity-trading regime

Article Abstract:

Different international trading regimes are analyzed using a modified, three-sector, two-good, Roemerian model. It is seen that a 'global Marshall plan' and a 'solidarity trading regime' generate equitable and sustainable long-term development for the South and the North, since free trade leads to unequal exchange, producing poverty in the South and unemployment in the North and fair trade eliminates inequality but preserves a global division of labor that limits long-term development.

International trade, Division of labor, Division of labour, Fair trade products, Fair trade

Similar abstracts:

• Abstracts: Economic austerity and the Peruvian crisis: the social cost of autocracy. Democratic dictators: authoritarian politics in Peru from Leguia to Fujimori
• Abstracts: Conspiracy and the policy process: a case study of the New Zealand experiment. Learning from politics? The casual interplay between government performance and political ideology
• Abstracts: Reregulated, deregulated and progressive financial systems. Financial institutions after the S & L crisis: a community-based credit union
• Abstracts: Empiricism and the Keynesian tradition. The notion of disequilibrium, the multiplier, and the endogenous supply of money

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.