Abstract
This chapter focuses on Marx's Economics. As a part of the recent Renaissance of Marxism, Marx's economics have been intensively analyzed by the use of linear economic models, with the result that it at present attracts the interest of many mathematical-minded, non-Marxian economists. The chapter presents a few linear models of Marx's economics to explain the Fundamental Marxian Theorem and the transformation problem of values into prices of production. It discusses the structure of Das Kapital as the dichotomy between the exploitation of labor by the representative industrial capitalist and the redistribution of the exploited values among many different industrial capitalists, landowners, and money-capitalists. The assumption of linear input–output relations cannot always be relied on for the success of Marx's dichotomy.
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