
Money and Abstract Labour
On the Analytical Foundations of Political Economy
Ulrich Krause(Author)
Jon Rothschild(Editor)
Verso Books (Publisher)
Published on 1. January 1982
Book
Paperback/Softback
190 pages
978-0-86091-749-6 (ISBN)
Description
Recent trends in Marxist economic theory have sponsored the methods of modern logic and mathematics. In doing so, they have displaced not only the relatively philosophical style of reflection found in Capital but also certain key problems addressed there by Marx.
Ulrich Krause breaks new ground by applying mathematical techniques in an analysis of labor, money and exchange. Rejecting the notion of "homogeneous labour" as a basis of value theory, Krause develops his own understanding of the Marxist concept of "abstract labour," which he then integrates with an analysis of money in the process of commodity exchange. His book concludes with a new discussion of Marx's theory of value and surplus-value.
Money & Abstract Labour is a major intervention in one of the most vigorously contested areas of contemporary economic theory.
Ulrich Krause breaks new ground by applying mathematical techniques in an analysis of labor, money and exchange. Rejecting the notion of "homogeneous labour" as a basis of value theory, Krause develops his own understanding of the Marxist concept of "abstract labour," which he then integrates with an analysis of money in the process of commodity exchange. His book concludes with a new discussion of Marx's theory of value and surplus-value.
Money & Abstract Labour is a major intervention in one of the most vigorously contested areas of contemporary economic theory.
Reviews / Votes
There can be no doubt that Krause's book contains the most thorough, original and convincing investigations of the concept of abstract labour. * The Yearbook of Political Economy and Statistics *More details
Language
English
Place of publication
London
United Kingdom
Product notice
Paperback (trade)
Unsewn / adhesive bound
Dimensions
Height: 203 mm
Width: 127 mm
Thickness: 11 mm
Weight
213 gr
ISBN-13
978-0-86091-749-6 (9780860917496)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

Ulrich Krause | Jon Rothschild
Money and Abstract Labour
On the Analytical Foundations of Political Economy
E-Book
05/2020
Verso Books
€19.49
Available for download
Previous edition
Ulrich Krause | Jon Rothschild
Money and Abstract Labour
On the Analytical Foundations of Political Economy
Book
01/1982
Verso Books
€21.24
Article exhausted; check for reprint
Persons
Ulrich Krause