Description

Attacking the usefulness of such central Marxian concepts as the labor theory of value and surplus value, John Roemer reconstructs Marxian economic philosophy from the concepts of exploitation and class, showing that exploitation can be derived from a system of property relations. He then looks at the causes of the unequal distribution of wealth, including robbery and plunder, willingness to take risks, differential rates of time preference, luck, and entrepreneurship. He further examines the evolution of property systems—slave, feudal, capitalist, socialist—from the perspective of the theory of historical materialism, and ends by analyzing the properties of a social system in which ownership of productive assets in the external world is public, while ownership of internal productive assets—skills and talents—is private.

Free to Lose: An Introduction to Marxist Economic Philosophy

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Paperback / softback by John E. Roemer

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Attacking the usefulness of such central Marxian concepts as the labor theory of value and surplus value, John Roemer reconstructs... Read more

    Publisher: Harvard University Press
    Publication Date: 12/12/1988
    ISBN13: 9780674318762, 978-0674318762
    ISBN10: 0674318765

    Number of Pages: 216

    Non Fiction , Business, Finance & Law

    Description

    Attacking the usefulness of such central Marxian concepts as the labor theory of value and surplus value, John Roemer reconstructs Marxian economic philosophy from the concepts of exploitation and class, showing that exploitation can be derived from a system of property relations. He then looks at the causes of the unequal distribution of wealth, including robbery and plunder, willingness to take risks, differential rates of time preference, luck, and entrepreneurship. He further examines the evolution of property systems—slave, feudal, capitalist, socialist—from the perspective of the theory of historical materialism, and ends by analyzing the properties of a social system in which ownership of productive assets in the external world is public, while ownership of internal productive assets—skills and talents—is private.

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