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A Model of the Marxist Rent Theory

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  • Debarshi Das

    (Humanities and Social Sciences Department, Indian Institute of Technology Guwahati)

Abstract

This paper presents an interpretation of Marx’s rent theory. The three forms of rent, differential rent of type one and two, and absolute rent, have been elaborated and represented through algebra. Marx situated his theory in an agrarian economy characterized by the capitalist mode of production. Such conditions are not present in the agrarian economy of India, yet one can still borrow Marx’s analytical tools, the paper argues, to understand the contemporary agrarian India. Some observations on Indian agrarian economy have been offered in the end.

Suggested Citation

  • Debarshi Das, 2018. "A Model of the Marxist Rent Theory," UMASS Amherst Economics Working Papers 2018-10, University of Massachusetts Amherst, Department of Economics.
    • Handle: RePEc:ums:papers:2018-10
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    File URL: http://www.umass.edu/economics/publications/2018-10.pdf
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    References listed on IDEAS

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    1. Deepankar Basu & Debarshi Das, 2018. "Profitability in India’s Organized Manufacturing Sector: The Role of Technology, Distribution and Demand [The effect of neoliberalism on the fall in the rate of profit in business cycles]," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 42(1), pages 137-153.
    2. Debarshi Das, 2015. "Changing Distribution of Land and Assets in Indian Agriculture," Review of Radical Political Economics, Union for Radical Political Economics, vol. 47(3), pages 412-423, September.
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    Keywords

    Keywords: Marx; absolute rent; organic composition of capital; landed property;
    All these keywords.

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