Political Economy (Part on Capitalism)

Author: Liu Xijun, Editor-in-Chief
Publisher:
Publish Date: 2003-09-01
Features: One of the Xiamen University Economics Series Textbooks, a core textbook for economics majors. This book is guided by Marxist economic theory, elaborating on the research object, methods, nature, and significance of political economy; theories of commodities and money, including the dual factors of commodities and the dual nature of labor, the determination of commodity value and the development of value forms, the functions of money and the law of money circulation, and the law of value; theories of capital and surplus value, including how money is transformed into capital and the two basic methods of surplus value production; theories of capital accumulation; theories of the circulation and turnover of capital; the reproduction of social total capital and economic crises; theories of average profit and production price; specific manifestations of surplus value, such as commercial profit, interest on loans, and capitalist rent; theories of monopoly, including private monopoly capitalism, state monopoly capitalism, as well as international monopoly and the issue of economic globalization.