European Parliament Library

How labor powers the global economy, a labor theory of capitalism, Emmanuel D. Farjoun, Moshé Machover, David Zachariah

Table Of Contents
Intro -- Preface -- Acknowledgements -- Contents -- 1 Introduction and Major Propositions -- 1.1 Central Propositions -- 1.2 Context and Methodological Message of the Book -- 1.3 The Importance of Labor Time -- 1.4 Plan of the Book -- Part I Foundations -- 2 Production and Labor -- 2.1 Basic Economic Categories -- 2.2 Economic Reproduction -- 2.3 Labor Content as a Measure -- 2.4 Remarks on History of the Concept -- 3 Probabilistic Framework -- 3.1 Capitalist Market Economies -- 3.2 Workers and the Labor Market -- 3.3 Commodity-Products and Their Labor Contents -- 3.4 Firms and the Profit Imperative -- 3.5 Emergent Reduction of Labor Content -- 3.6 Remarks on Theoretical Framework -- 4 Labor Content-Properties and Postulates -- 4.1 Elaborations on Properties -- 4.2 Measuring Heterogeneous Labor in Homogeneous Units -- 4.3 Peculiarities of Labor as an Ultimate Input -- 4.4 Postulates -- Part II Results -- 5 Law of Decreasing Labor Content -- 5.1 Consequences of the Law -- 5.2 Limits to the Rate of Decrease of Labor Content -- 5.3 Toward Total Automation? -- 5.4 Connection to Price Measures of Productivity -- 5.5 Empirical Evidence of LDLC -- 6 Wages and Class Divisions -- 6.1 Purchasing Power of Wages -- 6.2 Structural Features of the Wage Distribution -- 6.3 Control and Appropriation of Labor Effort -- 6.4 Remarks on Relation to Theory of Exploitation -- 6.5 Empirical Data on Wages -- 7 Limits to Growth and Accumulation -- 7.1 Growth of Output and of Workforce -- 7.2 Accumulation of Productive Capital -- 7.3 Accumulation of Material Wealth -- 7.4 Accumulation of Financial Assets -- 7.5 Empirical Evidence on Growth and Accumulation -- Part III Futures -- 8 Limits to Capitalist Development -- 8.1 Obstacles to Improving Human Well-Being -- 8.2 Requirements to Overcoming Obstacles -- 8.3 Socialized Political Economy -- 9 Open Problems of Transition
Language
eng
Literary Form
non fiction
Copyright
Physical Description
1 online resource (155 pages)
Specific Material Designation
remote
Form Of Item
online
Isbn
9783030933210

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