Principles of capitalistic commodity production

被引:4
|
作者
Helmedag, Fritz [1 ]
机构
[1] Tech Univ Chemnitz, Chemnitz, Germany
关键词
effective demand; employment; income shares; labour theory of value; rate of exploitation; rate of profit; rate of surplus value;
D O I
10.4337/ejeep.2012.01.03
中图分类号
F [经济];
学科分类号
02 ;
摘要
The causal structure of capitalistic commodity production can be revealed by notionally separating total output into two categories: 'necessaries' bought by employees, and the rest constituting society's surplus. The rate of profit is determined in the wage good industry and becomes the system's key variable. In association with demand for 'luxuries' it governs the respective amount of profit accruing to the two sectors as well as the corresponding employment. The consequences for economic policy contradict predominant recipes.
引用
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页码:23 / 34
页数:12
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