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The Capitalist State And Its Economy; Democracy In Socialism

Editor

Listed:
  • Paul Zarembka
    (State University of New York at Buffalo)

Abstract

[Part I] The leading part of this volume focuses on the role of the state in capitalist society, beginning by showing the welfare state as an historical product of the class structure of English agrarian capitalism. The second chapter indicates how, in European colonies such as in Africa, taxation was an important means of forcing indigenous populations to work as wage-laborers or produce cash crops, and relating the process to Marx's 'primitive accumulation of capital'. The following two chapters move to the contemporary period, the first suggesting that change in the relationship between the nation-state and capital is rooted in the contradictory needs of labor versus capital, while the next chapter proposes analyzing capitalist institutions by relying, more than hitherto, on an hermeneutic understanding of institutions. [Part II] The following part addresses price and technical choice in capitalism. The first two chapters address price, the initial one suggesting its formation to be the same as the formation of abstract labor, while the second identifying a new category of exchange value and using it to explain how changes in demand act to redistribute value across industries. The following two chapters consider, empirically, the relation between technical choice and profit rates. [Part III] The third part addresses economic democracy within socialism, defending both direct democracy and economic calculation in terms of labor time. [Part IV] The concluding part develops an understanding of the class determination of knowledge, including explaining why the science and techniques developed in one class society can be used in others.

Suggested Citation

  • Paul Zarembka (ed.), 2005. "The Capitalist State And Its Economy; Democracy In Socialism," RESEARCH IN POLITICAL ECONOMY, Paul Zarembka, volume 22, number volm22a, April.
  • Handle: RePEc:rpe:volume:volm22a
    as

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    More about this item

    Keywords

    State; capitalism; taxation; primitive accumulation; abstract labor; value; Okishio; technical change; democracy; socialism; production of knowledge;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • P10 - Economic Systems - - Capitalist Systems - - - General
    • P36 - Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

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