Garegnani’s surplus equation and Marx’s falling rate of profits

Nuno Ornelas Martins

doi:10.1007/978-3-030-47206-1_10

Garegnani’s surplus equation and Marx’s falling rate of profits

Nuno Ornelas Martins^*

^*Autor correspondente para este trabalho

Resultado de pesquisa › revisão de pares

2 Citações (Scopus)

Resumo

Here I shall argue that Pierangelo Garegnani’s surplus equation can help in understanding the relationship between Piero Sraffa’s economic system and Karl Marx’s idea of a tendency for the rate of profits to fall. Garegnani’s surplus equation enables us to understand Marx’s analysis of the composition of capital in the context of Sraffa’s system, in order to identify the tendency for the rate of profits to fall, and the countervailing tendencies that act against it. This analysis is in line with Garegnani’s own view that the perspectives of Marx and Sraffa are best seen as complementary approaches, rather than opposed ones.

Idioma original	English
Título da publicação do anfitrião	A reflection on Sraffa’s revolution in economic theory
Editores	Ajit Sinha
Editora	Palgrave Macmillan
Páginas	289-327
Número de páginas	39
ISBN (eletrónico)	9783030472061
DOIs	https://doi.org/10.1007/978-3-030-47206-1_10
Estado da publicação	Publicado - 3 jun 2021

Série de publicação

Nome	Palgrave Studies in the History of Economic Thought
ISSN (impresso)	2662-6578
ISSN (eletrónico)	2662-6586

Acesso ao documento

10.1007/978-3-030-47206-1_10

http://hdl.handle.net/10400.14/40105Licença: Unspecified

Outros arquivos e links

Link to publication in Scopus

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57720714
Accepted author manuscript, 236 KB
Licença: Unspecified
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1 Ativos

CEGE: Research Center in Management and Economics
Silva, M., Sousa, R., Alves, P., Madsen, A., Lourenço, A., Carvalho, A. S., Andrade, A., Silva, P. D., Vlačić, B., Martins, C., Gomes, C., Gevrek, Z. E., Oliveira, F. G. D., Faria, G., Marreiros, H., Pinho, J., Machado, J., Araújo, J., Pinto, J., Rego, A., Gaspar, J. M., Corbo, L., Costa, L., Fernandes, L., Sottomayor, M., Martins, N., Hernández-Marrero, P., Gonçalves, R., Ribeiro, R., Coelho, S. L., Pereira, S. M., Silva, S., Rodrigues, V., Sotiros, D. G., Valverde, C. J. L., Leitão, A., Julião, J., Tavares, M. F. F., Lages, C. R., Elmashhara, M. G. & Teymourifar, A.
Fundação para a Ciência e a Tecnologia
1/01/20 → 31/12/23
Projeto

Citação

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Garegnani’s surplus equation and Marx’s falling rate of profits

Resumo

Série de publicação

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Outros arquivos e links

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Projetos

CEGE: Research Center in Management and Economics

Citação