New aspects of Marx's economic theory in MEGA: Marx's original six-sector model

Kenji Mori

The European Journal of the History of Economic Thought, 2018, vol. 25, issue 5, 893-911

Abstract: Marx's Reproduction Scheme is widely known as one of the first two-sector economic models in the history of economic theories. However, a close investigation into Marx's original shows that his multi-sectoral analysis contains not (only) two-sector models but six-sector ones, which were totally omitted by Engels in his editing the manuscripts for Capital, Volume II. Taking up two interesting theoretical episodes in the ignored six-sector analysis, this paper attempts to make sense of Marx's treatment on the price of production and the dynamic process of traverse between two equilibria.

Date: 2018
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DOI: 10.1080/09672567.2018.1456556

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