Category Archives: Marxist technical economics

Fictitious Capital: definition from the MIA

  From the Marxists Internet Archive, a good, and not too long, definition of “Fictitious Capital” http://www.marxists.org/glossary/terms/f/i.htm   […]However, as the class of speculators, bankers, brokers, financiers, and so on, grows, as is inevitably the case wherever the mass of … Continue reading

Posted in Analysis of Mature Capitalism, Marxist technical economics, Political Economy | Tagged , , , | 1 Comment

Valueless “Knowledge-Commodities” and Financialization: A materialist understanding the “information economy” by Teixiera and Rotta

Below is an excerpt from an article published in the Union for Radical Political Economy journal The Review of Radical Political Economics originally published in February 2012 Valueless Knowledge-Commodities and Financialization: Productive and Financial Dimensions of Capital Autonomization By Rodrigo … Continue reading

Posted in Analysis of Mature Capitalism, Bibliography, Knowledge-Commodities, Marxist technical economics, Political Economy | Tagged , , , , , , , , , , , | 1 Comment

Primitive or Primary Accumulation of Capital

In the history of primitive accumulation, all revolutions are epoch-making that act as levers for the capital class in course of formation; but, above all, those moments when great masses of men are suddenly and forcibly torn from their means … Continue reading

Posted in Agriculture, Analysis of Mature Capitalism, Bibliography, Marxist technical economics, Political Economy, Primitive accumulation | Tagged , , , , , | Leave a comment

Michael Heinrich, Marx’s law and crisis theory

Originally posted on Michael Roberts Blog:
Michael Heinrich is an exponent of what is known as the ‘New German Reading of Marx’, which interprets the theory of value that Marx presents in Capital as a socially specific theory of  ‘impersonal…

Posted in Analysis of Mature Capitalism, Marxist technical economics, Political Economy | Tagged , | Leave a comment