Introduction to the Marxist critique of political economy. 3.
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The Critique of Political Economy.
- Critique of Economy and Marxist Economy
- Classic political economy vs vulgar economy.
- Economic categories as historical realities.
Marx´s theory of exploitation
- Commodity, use value, exchange value, labour force, exploitation, surplus value, profit.
The dynamics of capitalist economy
- Absolute and relative surplus value.
- Marxist theory of crisis.
- Long waves of the capitalist economy
Reading materials
- Friedrich Engels, "Introduction" to "Wage Labout and Capital" (Extract), 1891