Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Money and Abstract Labour: On the Analytical Foundations of Political Economy

Money and Abstract Labour: On the Analytical Foundations of Political Economy

Krause, Ulrich

Paperback

Business GeneralGeneral Political ScienceSocial Movements

ISBN10: 0860917495
ISBN13: 9780860917496
Publisher: Verso
Published: Jan 1 1982
Pages: 192
Weight: 0.47
Height: 0.44 Width: 5.00 Depth: 8.00
Language: English
Recent trends in Marxist economic theory have sponsored the methods of modern logic and mathematics. In doing so, they have displaced not only the relatively philosophical style of reflection found in Capital but also certain key problems addressed there by Marx.

Ulrich Krause breaks new ground by applying mathematical techniques in an analysis of labor, money and exchange. Rejecting the notion of homogeneous labor as a basis of value theory, Krause develops his own understanding of the Marxist concept of abstract labor, which he then integrates with an analysis of money in the process of commodity exchange. His book concludes with a new discussion of Marx's theory of value and surplus-value.

Money & Abstract Labour is a major intervention in one of the most vigorously contested areas of contemporary economic theory.

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