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The Logical Foundations of the Marxian Theory of Value : Theory and Decision Library - Adolfo Garcia de la Sienra

The Logical Foundations of the Marxian Theory of Value

Theory and Decision Library

Hardcover Published: 30th June 1992
ISBN: 9780792317784
Number Of Pages: 232

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Written before the impressive collapse of the socialist system in Eastern Europe, this book offers a quite objective and serious systematic analysis of the Marxian labor theory of value, Marx's main scientific legacy. After reconstructing the `prototype' of this theory -- which is the theory as it was left by Marx himself in Capital -- the author proceeds to a careful and detailed analysis of its foundational problems, taking into account B”hm-Bawerk's important criticisms. After introducing advanced contemporary formal tools, the author proceeds to a thorough discussion of the dialectical method, just in order to tackle the foundational problems of the theory. He provides a formally precise and well motivated definition of abstract labor, and then proceeds to prove the existence of a measurement of abstract labor -- i.e. the existence of numerical labor-values. Using this result, the author provides rigorous axiomatic foundations for the theory of value and then proves the existence of a Marxian competitive equilibrium, which is tantamount to the proof of the possibility of reproduction for a capitalist economy. The author finishes the book by showing in detail how the problems of the prototype are solved, by reconstructing the Leontief model of the labor theory of value on the new logical bases.
Written in a very clear style, in the language of contemporary philosophy of science, the book is of interest to philosophers of science and economists, applied logicians and all those interested in the scientific legacy of Karl Marx.

Introductionp. 1
The Prototype of Marx's Labor Theory of Valuep. 7
The Problem of Foundationsp. 41
Structures and Representationsp. 63
The Dialectical Methodp. 91
Abstract Laborp. 129
The General Axioms of the Theoryp. 159
General Reproducibilityp. 179
The Prototype Revisitedp. 191
Notesp. 207
Bibliographyp. 213
Name Indexp. 219
Subject Indexp. 221
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780792317784
ISBN-10: 0792317785
Series: Theory and Decision Library
Audience: General
Format: Hardcover
Language: English
Number Of Pages: 232
Published: 30th June 1992
Publisher: Springer
Country of Publication: NL
Dimensions (cm): 24.03 x 16.51  x 2.01
Weight (kg): 0.54