Reduction Rationality and Game Theory in Marxian Economics 1st Edition by Bruce Philp ISBN 9780415287654 0415287650

1. Introduction

Contemporary Issues In Marxian Economics

Neoclassicism, Marxism and Methodology

Structure of Argument

2. Methodology of Reduction

Introduction

Reduction In the Philosophy of Science

Anti-Reductionism

Microfoundational Analysis

Conclusion

3. Marxism and the Foundations of Collective Action

Introduction

Game Theory and Reductionism

Surplus-Value: A Game-Theoretic Formulation

Divide and Rule

Conclusion

4. Value, Price and Exploitation

Introduction

The Transformation Problem

Value and Exploitation

Walrasian Marxism

The New Solution

Exploitation and Class In Marxian Economics

Conclusion

5. Marxian Theories of Exploitation and Class

Introduction

Marx’s Account of Capitalist Exploitation

Roemer’s General Theory of Exploitation and Class

Property, Labour and Exploitation

Marx and Roemer On Exploitation

Conclusion

6. Class Conflict and Working Hours

Introduction

Preferences, Class Struggle and Working Hours

Reducing Hours As an Employment Policy

Conclusion

7. Reduction, Rationality and the Rate of Profit

Introduction

Methodological Considerations

Marx’s Theory of the Falling Rate of Profit

The Okishio Theorem

Constant Rate of Exploitation

Conclusion

8. Conclusion

Summary of Results

The Future Development of Marxism

Notes

1. Introduction

2. Methodology of Reduction

3. Marxism and the Foundations of Collective Action

4. Value, Price and Exploitation

5. Marxian Theories of Exploitation and Class

6. Class Conflict and Working Hours

7. Reduction, Rationality and the Rate of Profit

References