An Introduction to Marxist Economic Theory

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 exchange exchange-value exist fact fixed capital fundamental George Novack human labor income policies industrial branch investment labor productivity labor-power labor-time law of value long-term cycle managed economy Marx's Marxist Economic Theory means of production Middle Ages mode of production monopoly national income neo-capitalism organic composition period phase profit rate proletarian proletariat quantity of labor rate of profit raw materials recession of 1953 reduced ruling class sell serf small-scale commodity production social surplus product socialist 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