Abstract
Abstract For any given location pattern of production, the geographical distribution of production prices and trade among entrepreneurs in a competitive capitalist space economy is determined. We present a methodology for calculating the location pattern of production that maximizes profits for capitalists as a class, and we deduce the production levels necessary to maintain smooth capital accumulation everywhere. We argue that this dynamic equilibrium is inherently unstable, because of interclass and intraclass conflict, and that these conflicts are exacerbated by the existence of space. Differential and class monopoly rent and the role of landlords as a class are also incorporated into the analysis.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
