IDEAS home Printed from https://ideas.repec.org/a/ids/ijcrac/v7y2015i1p89-109.html
   My bibliography  Save this article

A social reproduction approach to depreciation

Author

Listed:
  • Masaya Fujita

Abstract

It is my theme to prove that the collaboration of depreciation procedure and banking is indispensable to keep social reproduction. My proof is carried out by developing the part 3 of volume II of Capital. This part takes up the problems of social reproduction. There the case of simple reproduction is explained in detail, but in the explanation of the reproduction on an expanded scale you must meet a logical difficulty caused by the inconsistency of depreciation and renewal of fixed capitals. However, the schema of reproduction must have no contradiction. How to solve? In this article, the difficulty can be solved by collecting depreciation fund and distributing them socially. In Soviet and China, before the banking system was established, finance department in government would distribute fund to national companies for plant and collect depreciation fund with profit. It looked like a mystery for our capitalistic system. My paper can also make clear the reason why they adopted a strange accounting procedure.

Suggested Citation

  • Masaya Fujita, 2015. "A social reproduction approach to depreciation," International Journal of Critical Accounting, Inderscience Enterprises Ltd, vol. 7(1), pages 89-109.
    • Handle: RePEc:ids:ijcrac:v:7:y:2015:i:1:p:89-109
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=69190
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijcrac:v:7:y:2015:i:1:p:89-109. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=328 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.