On interest, credit and capital∗
Datos Bibliográficos
| ID | 2160076 |
|---|---|
| Autores | Laurence Harris (0000-0002-0087-0204, autor de correspondencia) |
| Año | 1976 |
| Volumen | 5 |
| Número | 2 |
| Páginas | 145-177 |
| Fecha de publicación | 1976-05-01 |
| Peer Reviewed | Sí |
| Open Access | No |
| Tipo | ARTICLE |
| Revista | Economy and Society (JOURNAL) |
| Identificadores de la revista | ISSN: 0308-5147 • E-ISSN: 1469-5766 |
| Editorial | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/03085147600000006 |
| OpenAlex | W1992765757 |
| Idioma | EN |
| Citas recibidas | 17 |
| Referencias citadas | 9 |
On interest, credit and capital Laurence Harris This article examines the category of interest payments within the problematic of historical materialism. It examines the interest payments which occur under the capitalist mode of production on the basis of credit from capitalists to capitalists, from capitalists to workers, and from workers to capitalists. On the subject of capitalist to capitalist interest payments, the article examines the views of Marx on interest-bearing capital and demonstrates that Marx did consider this interest rate to be subject to determinate and analysable laws. These interest payments are transfers of surplus value as such. On the subject of worker to capitalist interest payments it is demonstrated that these are payments out of wage revenue which are appropriated as profit on merchants' capital rather than as profit on interest-bearing capital. Finally, capitalist to worker interest payments are identical with payments of wage revenue and, therefore, are for capitalists equivalent to the advance of variable capital. These results are established on the basis of the law of value and after considering the concept of value of labour power. In conclusion, the construction of data employed in empirical work is criticised
Capital (architecture · Economics · Interest rate · Monetary economics · Payment · Revenue · Economic Theory and Policy · Finance · Political Economy and Marxism
Marx on the Rate of Interest
The Theory of Credit Money
Intra-capitalist Conflicts, Monetary Policy and Income Distribution
On Marx's Analysis of Money Hoarding in the Turnover of Capital
Two Approaches to the Concept of Interest-Bearing Capital
From Big Ag to Big Finance
Global Finance, Income Distribution and Capital Accumulation
The Theory of Credit Money
Marx on Credit, Interest and Financial Instability
Homogeiniza, Divide y Manda
Recovering debts
The money expression of value and the credit system
Marx's Theory of Money
Marxian theories of money, credit and crisis
On the Creation of Money and the Accumulation of Bank-Capital
Marxian and post-Keynesian theories of finance and the business cycle
The science of the economy
| Obras citantes distintas | 17 |
|---|---|
| Citas por año | 0,35 |
| Intervalo de citas | 1978 - 2022 (45) |
| Velocidad de citación | historical |
| Altamente citado | No |
| Tipos de cita | Neutras: 17 |