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Why Quantitative Marxism?

Author

Listed:
  • Freeman, Alan

Abstract

This paper was presented at a special conference of the Conference of Socialist Economists (CSE, publishers of Capital and Class) in 1987, on the topic of Quantitative Marxism. This eventually gave rise to an edited collection (Dunne 1992) in which this paper was developed (Freeman 1992) into a fully-worked out empirical presentation of a set of national accounts in value terms for the UK economy. The paper arose from the work of an international group established after the publication of Marx, Ricardo, Sraffa in 1984 to work on poverty in Europe. This led to work on the social wage which resulted in an unpublished chapter on the social wage in Germany, originally intended for Shaikh’s book on this question. A number of themes in later work appear in it: a pluralist concept of discussion on National Accounts, which later matured into the ‘datapedia’ concept of data organisation on the one hand, and the pluralist approach to economics that first surfaced in my collaborative work with Andrew Kliman as ‘Beyond Talking the Talk’ (Freeman and Kliman 2005). There is an early discussion of circuits of revenue which deals specifically with social reproduction, and a detailed treatment of unproductive labour including interest and merchant’s capital.

Suggested Citation

  • Freeman, Alan, 1991. "Why Quantitative Marxism?," MPRA Paper 52795, University Library of Munich, Germany, revised 05 Feb 1991.
    • Handle: RePEc:pra:mprapa:52795
    as

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    File URL: https://mpra.ub.uni-muenchen.de/52795/1/MPRA_paper_52795.pdf
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    References listed on IDEAS

    as
    1. Freeman, Alan, 1991. "National Accounts in Value Terms: The Social Wage and Profit Rate in Britain 1950-1986," MPRA Paper 52760, University Library of Munich, Germany, revised 05 Feb 1991.
    2. Freeman, Alan & Kliman, Andrew, 2005. "Beyond talking the talk: towards a critical pluralist practice," MPRA Paper 48644, University Library of Munich, Germany, revised 07 Nov 2006.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Liquidity; Value; Quantification; MELT; MEL; Money; Labour; Marx; TSSI; Temporalism;
    All these keywords.

    JEL classification:

    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

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