UID:
almahu_9947415382002882
Format:
1 online resource (xvii, 380 pages) :
,
digital, PDF file(s).
ISBN:
9780511528330 (ebook)
Content:
This book provides an alternative foundation for the measurement of the production of nations, and applies it to the US economy for the postwar period. The patterns which result are significantly different from those derived within conventional systems of national accounts. Conventional national accounts seriously distort basic economic aggregates, because they classify military, bureaucratic and financial activities as creation of new wealth, when in fact they should be classified as forms of social consumption which, like personal consumption, actually use up social wealth in the performance of their functions. The difference between the two approaches has an impact not only on basic aggregate economic measures, but also on the very understanding of the observed patterns of growth and stagnation. In a world of burgeoning militaries, bureaucracies, and sales forces, such matters can assume great importance at the levels of both theory and policy.
Note:
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
,
1. Introduction -- 2. Basic theoretical foundations -- 3. Marxian categories and national accounts: Money value flows -- 4. Marxian categories and national accounts: Labor value calculations -- 5. Empirical estimates of Marxian categories -- 6. A critical analysis of previous empirical studies -- 7. Summary and conclusions -- App. A: Methodology of the input-output database -- App. B: Operations on the real estate and finance sectors -- App. C: Summary input-output tables -- App. D: Interpolation of key input-output variables -- App. E: Annual estimates of primary variables -- App. F: Productive and unproductive labor -- App. G: Wages and variable capital -- App. H: Surplus value and profit -- App. I: Rates of exploitation of productive and unproductive workers -- App. J: Measures of productivity -- App. K: Government absorption of surplus value -- App. L: Aglietta's index of the rate of surplus value -- App. M: Mage and NIPA measures of the capitalist sector gross product -- App. N: The net transfer between workers and the state, and its impact on the rate of surplus value.
,
App. N: The net transfer between workers and the state, and its impact on the rate of surplus value.
Additional Edition:
Print version: ISBN 9780521414241
Language:
English
URL:
https://doi.org/10.1017/CBO9780511528330
