Political Economy

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Offering a clear and accessible introduction to Marxist economic theory, this revised edition meticulously defines key terms while exploring the fundamental concepts outlined in Marx's "Capital." It covers essential topics such as the origins of capitalism, surplus value, and capitalist accumulation, as well as the dynamics of rent, interest, profit, and economic crises. Additionally, it delves into the implications of imperialism and the distribution of the national product, making it an invaluable resource for understanding the complexities of capitalist society.