F A 3 1 2 20 1
W G W W C M C M C M
1 2 1 1 r Si / + ( Ci V ) = i ( + r)( ) P = 1 C i + V i
Y K L Y F K L Joan Robinson 1960
20 50 60 1953 1960 K R r K R r K=R/r
-
GDP GDP 20 30 GDP GDP GDP GDP GDPGDP
GDP - - GDP GDP GDP GDP
Money and Capital in Marxian Economics Wang Lu (Center for Studies of Political Economy of Nankai University, Tianjin 300071 China) Abstract: Marxian economics consider that the aim of capitalist production is to obtain the profit calculated by money value or the increment of money. In fact, this aggregation counted by the money value comes from a special character of capital. That is, as a kind of advance, capital aims to allocate labor. Through leading into a general profit rate (a ratio in the increment of money) that indicates the capitalist economic relations, Marx emphasized the nature that capitalist economy is a sort of aggregate money economy. In the meanwhile, due to stress the importance of money too, Keynes attributed the credit relations of money to the economic relations peculiar to capitalism through the exposition for the own interest rate of money. In addition, Keynes tried to relate the value and distribution theory to the money theory in order to construct a kind of new money theory. And this attempt could find basis in Marx s labor theory of value. Therefore, in some degree, Marxian economics and Keynesian economics have the understandings to money and capital in the capitalist economy in common. Key words: Marxian economics; money; capital; a general profit rate 1 (Neoclassical Economics) Mark Blaug, 1997. Economic Theory in Retrospect 2 S.Gordon, 1968. Why does Marxian exploitation theory require a labor theory of value. Journal of political economy, 76, pp.137-140. 4 6 H.Visser, 1977. Marx on Money, Kredit and Kapital, 10(2), pp. 226-87. Tasis, HKeynesianRevolution Desai, M. Profit and Profit Theory E.K.Hunt, 1979. Marx as a Social Economist: The Lobor Theory of Value, Review of Social Economy, 37(3), pp. 275-94.
16 Costa, G.C. (1980): Production, Prices and Distribution, University of Bombay Press, Bombay, p. 257. 17 Bhaduri, A. (1969): On the significance of recent controversies in capital theory: a Marxian view, Economic Journal, 79, pp. 532-9. Ernest Mandel Marx, Karl Heinrich 22 29