Description

Book Synopsis
This book documents the growth of unproductive activity in the United States economy since World War II and its relation to the economic surplus, capital accumulation and economic growth.

Trade Review
"Edward Wolff has provided us with an analytical framework which richly describes general social productive and unproductive activity and their consequences for the postwar U.S. economy...Overall, this volume should prove to be a valuable resource to economists pursuing empirical analysis of value categories." Alexander M. Thompson III, Science and Society

Table of Contents
Preface; 1. Introduction; 2. Unproductive activity in a capitalist society; 3. A Marxian accounting framework; 4. A growth model of accumulation and unproductive labor; 5. Rise of unproductive activity in postwar economy; 6. Absorption of labor and capital and rate of surplus value; 7. Absorption of new resources and growth in real income; 8. Conclusions and speculations; Appendix: data sources and methods; References; Index.

Growth Accumulation and Unproductive Activity

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    A Paperback by Edward N. Wolff

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      Publisher: Cambridge University Press
      Publication Date: Publication Date: 12/14/2006 12:00:00 AM
      ISBN13: 9780521034753, 978-0521034753
      ISBN10: 0521034752
      Also in:
      Economic theory and philosophy

      Description

      Book Synopsis
      This book documents the growth of unproductive activity in the United States economy since World War II and its relation to the economic surplus, capital accumulation and economic growth.

      Trade Review
      "Edward Wolff has provided us with an analytical framework which richly describes general social productive and unproductive activity and their consequences for the postwar U.S. economy...Overall, this volume should prove to be a valuable resource to economists pursuing empirical analysis of value categories." Alexander M. Thompson III, Science and Society

      Table of Contents
      Preface; 1. Introduction; 2. Unproductive activity in a capitalist society; 3. A Marxian accounting framework; 4. A growth model of accumulation and unproductive labor; 5. Rise of unproductive activity in postwar economy; 6. Absorption of labor and capital and rate of surplus value; 7. Absorption of new resources and growth in real income; 8. Conclusions and speculations; Appendix: data sources and methods; References; Index.

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