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Título : A Foundation Model for Marxian Theories of the Breakdown of Capitalism
Autor : Petith, Howard
Palabras clave : Marx, Karl
Breakdown
Capitalism
Fecha de publicación : 15-jun-2001
Serie : UFAE and IAE Working Papers
490.01
Resumen: Marx and the writers that followed him have produced a number of theories of the breakdown of capitalism. The majority of these theories were based on the historical tendencies: the rise in the composition of capital and the share of capital and the fall in the rate of profit. However these theories were never modeled with main stream rigour. This paper presents a constant wage model, with capital, labour and land as factors of production, which reproduces the historical tendencies and so can be used as a foundation for the various theories. The use of Chaplygins theorem in the proof of the main result also gives the paper a technical interest.
Descripción : This paper first appeared as a working paper of the UAB in 1992.
URI : http://hdl.handle.net/10261/1918
Aparece en las colecciones: (IAE) Informes y documentos de trabajo
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