An Introduction to Marxist Economic Theory

agricultural amortization armament average basis bourgeois class bourgeoisie buying power capi capitalist countries capitalist economy capitalist mode capitalist society capitalist system cent century competition composition of capital consequently constant capital consumer consumption cost crises crisis deferred wage demand division of labor duction enterprises Ernest Mandel example exchange exchange-value exist fact fixed capital fraction fundamental human labor income policies industrial branch investment labor productivity labor-power labor-time law of value long-term cycle managed economy Marxist Economics means of production Middle Ages mode of production modern proletariat monopoly national income neo-capitalism operating organic composition period permanent phase phenomenon profit rate quantity of labor rate of profit raw materials recession of 1953 reduced sell serf small-scale commodity production social class social surplus product socially necessary labor subsistence superprofits supplementary surplus-value produced talist techniques technological revolution tendency theory of value tion transformation use-value Western Europe work-hours workers