Transcription of An Introduction to Marxist
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An Introduction to Marxist
An Introduction to Marxist ECONOMIC THEORYE rnest Mandel2 An In t r o d u c tI o n t o MA r xI s t Ec o n oM Ic th E o r yco n tE n t sIn t r o d u c tI o n by Doug Lorimer ..3 I. th E th E o r y o f VA l uE A n d su r p l u s VA l uE ..5 Social surplus product ..5 Commodities, use value and exchange value ..7 The Marxist theory of alienation ..9 The law of value ..10 Determination of the exchange value of commodities ..13 What is socially necessary labour ? ..16 The origin and nature of surplus value ..18 The validity of the labour theory of value ..20 II. cA p I t A l A n d cA p I t A l I s M ..23 Capital in precapitalist society ..23 Origins of the capitalist mode of production ..24 Origins and definition of the modern proletariat ..27 The fundamental mechanism of capitalist economy.
6 An In t r o d u c t I o n t o MA r x I s t Ec o n o M I c th E o r y working for its own subsistence. Thereafter, the labour of the producers can …
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