Political Economy III emphasizes the analysis presented in the third volume of “Capital” and the development of Marxist political economy in the second half of the 20th century up to the present day. In particular, the problem of the transformation of direct prices into prices of production, the theory of competition and concentration of capital, the theory of productive and unproductive labor, and theories of economic crisis in the field of radical and Marxist political economy are examined.
Topics to be covered include:
- The problem of transformation of values into prices of production
- Theory of real competition – Concentration of capital – Monopoly capitalism
- The distinction between productive and unproductive labour
- National Accounts and Marxian categories
- Marxist theories of crisis – the recent crisis