Marxist Economics

You Need to Know

Begin the chapter

1. Introduction
2. The Labor Theory of Value
   • Adam Smith
   • David Ricardo
   • Karl Marx
   • Summary on the Labor Theory
3. Surplus-Value
   • Labor Theory and Surplus-Value
   • Surplus-Value in History
   • Surplus-Value and Capitalist Dynamics
   • Surplus-Value and Profit
   • The Transformation Problem
   • Exploitation and the Transformation Problem
4. Twentieth-Century Developments
   • On the Transformation Problem
   • Monopoly Capital
   • Big-Government Capitalism
5. After the Revolution
6. Chapter Summary