METAECONOMIC THEORY OF CAPITALIST SYSTEM AND CIVILIZATION: FROM 'VALUE' TO MEASURE

Yoshiro Kamitake and 庸四郎 神武

Hitotsubashi Journal of Economics, 2012, vol. 53, issue 2, 131-145

Abstract: The structure of the present global capitalist world, which is composed of various sets of capitalist systems, can be clearly explained and described with the mathematical concept of 'measure' instead of the conventional term of 'value'. The history of the commodity world is that of the irreversible order of three measures: use-measure, exchange-measure and temporal exchange-measure. According to that order, sets of capitalist systems have 'grown' up to the present day. This process of capitalist 'growth' is a transformation process from the realeconomic world or space-time of use-measure to the rational space of null sets dominated by money. It may foretell the destiny of mankind's economic activities and the vicissitudes of human civilization.

Keywords: measure; rationality; capitalist system; civilization (search for similar items in EconPapers)
JEL-codes: B00 B41 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:hit:hitjec:v:53:y:2012:i:2:p:131-145

DOI: 10.15057/25382

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