This paper intends to reinterpret Marxian economics within a framework of neoclassical optimal growth theory. The theory of optimal economic growth not only provides the optimal capital-labor ratio but also illustrates the optimal path for the capital-labor ratio to reach the optimal level. Indeed, this is tantamount to elucidating the historical role of capitalism as the mechanism of machinery, capital accumulation, and capital multiplication. This paper attempts to discuss the whole conception of the origination, advancement and extinction of the society under this framework
The process of capital accumulation understood as a rise in the capitallabor ratio steadily raises t...
The paper presents a foundation model for Marxian theories of the breakdown of capitalism based on a...
No idea is more closely associated with Marx than the claim that the intrinsic, contradictory dynami...
<div><p>ABSTRACT This paper discusses distribution and the historical phases of capitalism. It assum...
This paper sets out a Marxian model that is based on the one by Stephen Marglin with one sector and ...
The analysis of a sustained long-run equilibrium path of economic growth goes back to Marx’s discuss...
This paper first appeared as a working paper of the UAB in 1992.This paper sets out a Marxian model ...
This paper presents a modern response to the problem imposed by Marx in Capital in 1867, “to lay bar...
Abstract. In order to understand economic growth and distribution one should not primarily look for ...
Abstract. In this paper we argue that as models of profitability and growth within the Marxist tradi...
The paper presents a foundation model for Marxian theories of the breakdown of capitalism based on a...
This paper presents a modern response to the problem imposed by Marx in Capital in 1867, “to lay bar...
Economic growth rates are among the key issues in the development of society. The rates graphically ...
Theories of society, as of nature, are characterized by their elementary particles. The elementary p...
In 1878 Karl Marx developed the reproduction schema: his model of how total capital is produced and ...
The process of capital accumulation understood as a rise in the capitallabor ratio steadily raises t...
The paper presents a foundation model for Marxian theories of the breakdown of capitalism based on a...
No idea is more closely associated with Marx than the claim that the intrinsic, contradictory dynami...
<div><p>ABSTRACT This paper discusses distribution and the historical phases of capitalism. It assum...
This paper sets out a Marxian model that is based on the one by Stephen Marglin with one sector and ...
The analysis of a sustained long-run equilibrium path of economic growth goes back to Marx’s discuss...
This paper first appeared as a working paper of the UAB in 1992.This paper sets out a Marxian model ...
This paper presents a modern response to the problem imposed by Marx in Capital in 1867, “to lay bar...
Abstract. In order to understand economic growth and distribution one should not primarily look for ...
Abstract. In this paper we argue that as models of profitability and growth within the Marxist tradi...
The paper presents a foundation model for Marxian theories of the breakdown of capitalism based on a...
This paper presents a modern response to the problem imposed by Marx in Capital in 1867, “to lay bar...
Economic growth rates are among the key issues in the development of society. The rates graphically ...
Theories of society, as of nature, are characterized by their elementary particles. The elementary p...
In 1878 Karl Marx developed the reproduction schema: his model of how total capital is produced and ...
The process of capital accumulation understood as a rise in the capitallabor ratio steadily raises t...
The paper presents a foundation model for Marxian theories of the breakdown of capitalism based on a...
No idea is more closely associated with Marx than the claim that the intrinsic, contradictory dynami...