Marxist Economics: A Handbook of Basic Definitions

✍ Scribed by Allen Myers ; Ernest Mandel ; Alan Freeman

• Publisher: Resistance Books
• Year: 1998
• Tongue: English
• Leaves: 42
• Category: Library

✦ Synopsis

Allen Myres stated:
"Marxist Economics: a handbook of basic definitions, published by Resistance Books, was first developed by renowned Belgian economist Ernest Mandel and English economics writer Alan Freeman for the Fourth International's cadre school in Europe."
(https://climateandcapitalism.com/2008/10/16/marxist-economics-a-handbook-of-basic-definitions/)

✦ Table of Contents

INTRODUCTION by Allen Myers............................................................................ 3
MARXIST ECONOMICS A handbook of basic definitions .................................... 5
1. Commodities — 5 z 2. Use-value — 6 z 3. Value — 6 z 4. Concrete labour
and abstract labour — 6 z 5. Simple labour and complex labour — 8 z 6. Socially
necessary labour — 8 z 7. Exchange — the form of value — general equivalent —
money — the law of value — 9 z 8. General formula of capital — 11 z 9. Surplusvalue and exchange — 12 z 10. Labour-power and its value — 13 z 11. But what is
this newly created value? — 13 z 12. The production of surplus-value — 14 z 13.
Capital as a social relation — 15 z 14. Constant capital and variable capital — 16 z
15. Absolute surplus-value — relative surplus-value — extra surplus-value — 17 z
16. The wage — 19 z 17. Production and reproduction — 19 z 18. Simple capitalist
reproduction — 20 z 19. Expanded capitalist reproduction — capital accumulation
— 22 z 20. The organic composition of capital, the concentration and centralisation
of capital — 23 z 21. Industrial reserve army — 24 z 22. Relative pauperisation —
25 z 23. Fundamental contradiction of the capitalist mode of production — 25 z
24. The cycle of capital — 26 z 25. Capital turnover — 28 z 26. Fixed capital and
circulating capital — 28 z 27. Annual rate of surplus-value and methods for the
acceleration of capital turnover — 30 z 28. Capitalist production costs and profit
— 32 z 29. Rate of profit — 32 z 30. Formation of the average rate of profit and
transformation of the value of the commodities into a production price — 33 z 31.
Tendential decline in the rate of profit — 36 z 32. Commercial capital — banking
capital — 37 z 33. Periodic crises of overproduction — 39