Political Economy After Economics by David Laibman - 9781138803060

Taylor & Francis

This re-incorporation of economics into political economy is one (small, but not insignificant) element in a larger project: to place all of the resources of present-day social-scientific research at the service of increasing democracy, in an ultimate direction toward socialism in the classic sense. An economics-enriched political economy is, above all, empowering: working people in general can calculate, build models, think theoretically, and contribute to a human-worthy future, rather than leaving all this to their \""betters.\""\n > Preface.  Introduction  1. Value and Quest for the Core of Capitalism  2. Rhetoric and Substance in Value Theory: An Appraisal of the New Orthodox Marxism  3. Technical Change, Accumulation and the Rate of Profit Revisited  4. Okishio and His Critics: Historical Cost Vs Replacement Cost  5. Is There a Classical Theory of Supply and Demand?  6. Rationing and Price Control  7. Non-Constant Returns, Pareto Optimaliy