An Introduction to Marxist Economic Theory

19th century accounting system amortisation bourgeois class bourgeoisie buying power capitalist countries capitalist economy capitalist mode capitalist society capitalist system characteristic competition composition of capital consequently constant capital consumer consumption cost counter-value crises crisis deferred wage demand division of labour Doug Lorimer enterprises exchange value exist expansion fact fixed capital fundamental generalised human labour income policies industrial branch investment labour productivity labour-power labour-time law of value long-term cycles managed economy Marxist economic theory means of production Middle Ages military mode of production monopoly national income neo-capitalism organic composition period phase productivity of labour profit rate proletarian proletariat quantity of labour rate of profit raw materials realise recession of 1953 reduced sell serf small-scale commodity production social surplus product socialist socially necessary labour subsistence superprofits supplementary surplus labour surplus value produced techniques technological revolution tendency theory of value transformation unemployment Western Europe workers