Download e-book for iPad: Urban and Regional Economics: Marxist Perspectives by Matthew Edel

By Matthew Edel

The amount reports the elemental tenets of Marxist paintings on city and neighborhood improvement and its makes use of for the research of socioeconomic difficulties. It discusses the remedy or city and nearby concerns via Marx, Engels and different early Marxists and examines contemporary controversies pertaining to situation and asymmetric spatial improvement, lease and concrete segregation, city carrier supply, and the jobs of the neighborhood country and group social hobbies.

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Extra info for Urban and Regional Economics: Marxist Perspectives (Fundamentals of Pure and Applied Economics Series)

Sample text

That this can occur within firms is not con­ ov��sia�, although what authorities should do about it may be. lntro,'efllial withffi the Marxist literature is whether pricing between firms (in different branches of industry and different can ruso involve a transfer of vruues. This is the so-cruled of 'indirect transfer' or 'unequal exchange' [109, 160]. IOmsideir the same subsidiary. Suppose the locru manager buys the �nt'with a loan from the parent company. Instead of remitting the firm transfers vruues as payments on the loan.

Eventually, this tendency re-emerges as the dominant force, and a crisis occurs. The capitalist class attempts to restructure investments, to recreate the conditions for profitability. Such restructuring includes attempts to reduce workers' standards of living, and to absorb the assets of bankrupt investors into surviving businesses. This may create the conditions for a rise in profit rates and a new boom, although this is not inevitable. This restruc­ turing process is particularly important in recent regional analysis.

UK""" AND REGIONAL ECONOMICS: MARXIST PERSPECTIVES 51 I Regions and cities in less-developed capitalism analyses presented above concern cities in the advanced nations. toaclled in the history of the developed nations.

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