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A labour theory of value / Luigi L. Pasinetti.

Cambridge eBooks: Frontlist 2026 Available online

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Format:
Book
Author/Creator:
Pasinetti, Luigi L., Author.
Language:
English
Subjects (All):
Value.
Labor.
Edition:
1st ed.
Place of Publication:
Cambridge University Press, 2026.
Summary:
"This book is a critique of the current state of Political Economy, addressing professional economists with a strong invitation to reflect on a discipline that, in the author's view, has reached a blind alley, failing to capture the true nature of the unprecedented world we now inhabit"-- Provided by publisher.
Contents:
Theory of value : source of alternative paradigms in economic theory
The 'production paradigm' in historical perspective
Wassily Leontief input-output model
Piero Sraffa's price system
The Marxian 'problem of transformation of values into prices of production' after Sraffa
The notion of vertical integration in economic analysis
Production in the short run
Population growth at constant returns to scale as the simplest case of economic expansion
The explosive forces of technical change : the twin aspects of production expansion and evolution of demand
A general multi-sector dynamic model
The natural features of a growing economic system
The accumulation of capital and the progress of technical knowledge
Growing subsystems, vertically hyper-integrated sectors and the pure labour theory of value - generalisation completed
Beyond production : the 'natural' rate of interest
Concluding notes on the social implications of an evolving, learning economy.
ISBN:
1-009-69486-3

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