Clarification and Application of the Category Profit on Alienation

Alper Duman and E. Ahmet Tonak

Review of Radical Political Economics, 2024, vol. 56, issue 2, 233-246

Abstract: This article presents profit on alienation (POA) as one of the sources of profit in capitalist economies. In addition to identifying and situating POA among other profit flows, we have attempted to operationalize it in the real estate and finance sectors. In the empirical part of the article, we estimate POA in those sectors in Turkey for the period 2010–2019. The extent of estimated profits based on POA in those sectors is not insignificant. These findings confirm our position that utilizing POA in exploring capitalist dynamics would be a fruitful endeavor. JEL Classification : B3, B51, H27, G51

Keywords: rent and profit; unequal exchange; Marxist economics; Marxist value theory; finance (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:56:y:2024:i:2:p:233-246

DOI: 10.1177/04866134231204995

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