The Experts below are selected from a list of 26118 Experts worldwide ranked by ideXlab platform
Cheng Nan - One of the best experts on this subject based on the ideXlab platform.
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On Surplus Value Under Socialist Market Economy System
Journal of Nanjing Forestry University, 2003Co-Authors: Cheng NanAbstract:It is an important theoretical issue whether on not there is Surplus Value under the socialist market economy system.By analyzing the theoretical basis and social attributes of Surplus Value,the paper states that Surplus Value also exists in socialist market economy.Affirming the existing of Surplus Value in the socialist market economy helps to comprehend the income distribution system in the primary stage of socialism,strengthen the supervision and management of national assets and promote the development of private economy.
Jonathan F. Cogliano - One of the best experts on this subject based on the ideXlab platform.
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Surplus Value Production and Realization in Marxian Theory – Applications to the U.S., 1990–2015
Review of Political Economy, 2018Co-Authors: Jonathan F. CoglianoAbstract:Marx's Capital shows that Surplus Value can be produced in one industry, yet realized as profit (and possibly revenue) by other industries over the course of circulation. This paper highlights the ...
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Surplus Value production and realization in marxian theory applications to the u s 1990 2015
Review of Political Economy, 2018Co-Authors: Jonathan F. CoglianoAbstract:Marx's Capital shows that Surplus Value can be produced in one industry, yet realized as profit (and possibly revenue) by other industries over the course of circulation. This paper highlights the ...
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Surplus Value Production and Realization in Marxian Theory - Applications to the U.S., 1987-2015
SSRN Electronic Journal, 2017Co-Authors: Jonathan F. CoglianoAbstract:This paper highlights the separation between Surplus Value production and realization in Marx's work. A new method of estimating Surplus Value production at the industry level is proposed and implemented. Marx's procedure of transforming labor Values into prices of production shows that capitalist competition to equalize the profit rate entails transfers of Surplus Value across industries, thus differentials between Surplus Value created and Surplus Value realized as profit can exist at the industry level. These types of transfers can also exist between productive and unproductive activities in the circuit of capital. First, to trace out these transfers, a framework linking money Value added to Surplus Value production by industry is established. Second, data on Value added by industry for the U.S. are used to estimate Surplus Value production at the industry level. The analysis allows comparison of Surplus Value production and realization in each industry. The pattern of differentials between Surplus Value creation and realization across industries points to a potential source of instability for capitalist economies.
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Smith’s “Perfect Liberty” and Marx’s Equalized Rate of Surplus-Value
2011Co-Authors: Jonathan F. CoglianoAbstract:Marx’s theory of Surplus-Value is fundamental to his innovations in the theory of Value and Classical Political Economy. When Marx’s theory of Surplus-Value is considered in the context of the long-period method, the dynamics of Surplus-Value and its importance to Marx’s overall framework can be properly presented. This approach reveals that Marx’s use of an equalized rate of Surplus-Value across sectors of production in Volume III of Capital is not merely a convenient assumption. The equalization of the sectoral rate of Surplus-Value is in fact one of the central tendencies of Marx’s framework, and is elevated to the level of an economic law by Marx. The reasoning behind Marx’s use of an equalized rate of Surplus-Value is the mobility of labor found in Adam Smith. This reasoning, when combined with the long-period method, reveals that the rate of Surplus-Value across sectors is subject to the same turbulent dynamics and equalization process as the rate of profit, and should not be deviated from when applying Marx’s vision.
Alexis Ioannides - One of the best experts on this subject based on the ideXlab platform.
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Duration, Intensity and Productivity of Labour and the Distinction between Absolute and Relative Surplus-Value
Review of Political Economy, 2011Co-Authors: Stavros Mavroudeas, Alexis IoannidesAbstract:Marx recognized two distinct but also interrelated processes of increasing Surplus-Value extraction: absolute and relative Surplus-Value. Both these processes hinge upon the duration, the intensity and the productivity of labour, albeit in different ways. The increase of the duration of labour is indisputably related to absolute Surplus-Value and the increase of labour productivity to relative Surplus-Value. However, there is controversy regarding the position of the intensity of labour. Marx's argument that it belongs to relative Surplus-Value is disputed by many Marxists. This paper argues that Marx's thesis is correct because the intensification of labour and the increase of its duration are ultimately two opposing trends and thus should not be coupled in the same concept.
Maarten Marx - One of the best experts on this subject based on the ideXlab platform.
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the Surplus Value of semantic annotations
Exploiting Semantic Annotations in Information Retrieval, 2010Co-Authors: Maarten MarxAbstract:We compare the costs of semantic annotation of textual documents to its benefits for information processing tasks. Semantic annotation can improve the performance of retrieval tasks and facilitates an improved search experience through faceted search, focused retrieval, better document summaries, and result grouping. Applications which summarize large collections of text or explain real world phenomena based on textual evidence may receive even more benefit from semantic annotations. Semantic annotation creates Surplus Value if the annotated data can be used beyond any foreseen application. In particular by third parties linking your data by means of your semantic markup to other data with similar markup. We present a list of properties of the annotated data which optimize this Surplus Value. They are derived from the principle which states that annotation should facilitate the reuse of data in a mashup without information being lost or distorted. For the Dutch House of Parliament we annotated the parliamentary proceedings based on this principle. Concrete examples from this data collection will illustrate the Surplus Value enhancing properties.
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ESAIR - The Surplus Value of semantic annotations
Proceedings of the third workshop on Exploiting semantic annotations in information retrieval - ESAIR '10, 2010Co-Authors: Maarten MarxAbstract:We compare the costs of semantic annotation of textual documents to its benefits for information processing tasks. Semantic annotation can improve the performance of retrieval tasks and facilitates an improved search experience through faceted search, focused retrieval, better document summaries, and result grouping. Applications which summarize large collections of text or explain real world phenomena based on textual evidence may receive even more benefit from semantic annotations. Semantic annotation creates Surplus Value if the annotated data can be used beyond any foreseen application. In particular by third parties linking your data by means of your semantic markup to other data with similar markup. We present a list of properties of the annotated data which optimize this Surplus Value. They are derived from the principle which states that annotation should facilitate the reuse of data in a mashup without information being lost or distorted. For the Dutch House of Parliament we annotated the parliamentary proceedings based on this principle. Concrete examples from this data collection will illustrate the Surplus Value enhancing properties.
Bai Yong-xiu - One of the best experts on this subject based on the ideXlab platform.
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Re-understand Capital and Surplus Value in Socialist Market Economy
Journal of Guangdong Business College, 2005Co-Authors: Bai Yong-xiuAbstract:Although Marx used capital and Surplus Value in analyzing capitalist economy and he believed that they were unique in capitalism, these two categories also exist in socialist market economy. Marx investigated capital and Surplus Value in a special sense. If this investigation is generalized, it can apply to socialist market economy, only with certain changes in them in accordance with the changes of economic conditions.
