The (Dis)Orderly Process of Capitalist Competition

Jack Amariglio and David F. Ruccio

Chapter 6 in Marxian Economics: A Reappraisal, 1998, pp 94-108 from Palgrave Macmillan

Abstract: Abstract For most of the past one hundred years, Marxist economists have produced and disseminated a particular set of stories about capitalism and socialism. According to these well-known accounts, capitalism is a singularly destructive, crisis-prone system governed by the ‘logic of capital’, which is often expressed in terms of economic ‘laws of motion’ and the ‘drive to accumulate’ on the part of capitalists. Socialism, in contrast, represents the suppression or elimination of such a logic and its underlying laws and drives, and thus creates the possibility of a rational, planned way of organizing economic and social life.

Keywords: Political Economy; Competitive Strategy; Fall Rate; Labour Power; Neoclassical Theory (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-26118-5_6

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DOI: 10.1007/978-1-349-26118-5_6

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