Frontiers of Political Economy: The Dialectics of Value, Prices and Exploitation in the Contemporary World Economy (Paperback)
  • Frontiers of Political Economy: The Dialectics of Value, Prices and Exploitation in the Contemporary World Economy (Paperback)
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Frontiers of Political Economy: The Dialectics of Value, Prices and Exploitation in the Contemporary World Economy (Paperback)

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Paperback 336 Pages / Published: 12/12/1991
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Transcending the arid formalism of present-day economic theory, Frontiers of Political Economy develops a new and accessible perspective on the world economy. Guglielmo Carchedi identifies and analyses three key features of modern capitalism: the rapidly increasing share of human labour needed for the advancement of science and technology rather than for the production of goods; the global, rather than national, nature of production, distribution and consumption; and the dominance of the oligopolies. This analysis enables Carchedi to explore new theoretical frontiers: from an original theory of mental and material labour to an investigation of the conditions under which mental labour produces value; from an assessment of the class structure of modern capitalism to an appraisal of the social content of science and technology; from an alternative account of crises, inflation and stagflation to a study of their relation to the destruction of value and to arms production. He also cast fresh light on a number of basic contemporary issues - including the present financial and monetary crisis - and surveys the most important recent controversies in language accessible to non-specialists. Rigorous and wide-ranging, but written with great lucidity, Frontiers of Political Economy is an essential book for both specialists and students in economics and politics.

Publisher: Verso Books
ISBN: 9780860915669
Number of pages: 336
Weight: 686 g
Dimensions: 234 x 156 x 24 mm

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