Production of commodities by means of commodities : prelude to a critique of economic theory / by Piero Sraffa

By: Material type: TextTextPublication details: Cambridge : Cambridge University Press, 1960.Description: 98 pages : charts, graphs ; 26 cmISBN:
  • 0521099692
  • 0521065399
Subject(s): DDC classification:
  • 338.01
LOC classification:
  • HB 171 .S725 1960
Online resources:
Partial contents:
Part I. Single-product industries and circulating capital: I. Production for subsistence -- II. Production with a surplus -- III. Proportions of labour to means of production -- IV. The standard commodity -- V. Uniqueness of the standard system -- VI. Reduction to dated quantities of labour.
Part II. Multiple-product industries and fixed capital: VII. Joint production -- VIII. The standard system with joint products -- IX. Other effects of joint production -- X. Fixed capital -- XI. Land.
Part III: XII. Switch in methods of production.
Summary: "This is a work of a specialist character, addressed to those interested in pure economic theory. Its approach is reminiscent of certain points of view taken by the old classical economists from Adam Smith to Ricardo but neglected in the period of domination of the 'marginal method'. One of the returns to earlier ways of thought here adopted is the examination of the conditions of production in a given situation irrespective of whether constant or variable returns prevail. Another is to regard production as a circular process in which the same kind of commodities appear both among the means of production and among the products - rather than as a process beginning with 'factors of production' and ending with consumption goods. Within this framework a series of propositions are deduced concerning the effects which changes in the division of the product between profits and wages may have on the values of individual commodities. Although the reasoning is abstract it requires no knowledge of mathematics beyond elementary algebra." -- From the back cover.
List(s) this item appears in: Cataloged books (Erica)
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Item type Current library Collection Call number Status Notes Date due Barcode
BOOKS BOOKS Niebyl-Proctor Marxist Library General Stacks The Karl H. Niebyl Collection HB 171 .S725 1960 (Browse shelf(Opens below)) Not For Loan Some highlighting in the preface. NPML19100010
Browsing Niebyl-Proctor Marxist Library shelves, Shelving location: General Stacks, Collection: The Karl H. Niebyl Collection Close shelf browser (Hides shelf browser)
HB 171 .R628 1963 Essays in the theory of economic growth / HB171 .R644 1952 The rate of interest and other essays / HB 171 .S385 1951 Essays of J.A. Schumpeter / HB 171 .S725 1960 Production of commodities by means of commodities : HB 171.5 .D63 1965 Modern economic problems in historical perspective / HB 171.5 .M55 1973 Economics : HB 179 .L35 An outline of political economy :

Includes index and four appendices.

Part I. Single-product industries and circulating capital: I. Production for subsistence -- II. Production with a surplus -- III. Proportions of labour to means of production -- IV. The standard commodity -- V. Uniqueness of the standard system -- VI. Reduction to dated quantities of labour.

Part II. Multiple-product industries and fixed capital: VII. Joint production -- VIII. The standard system with joint products -- IX. Other effects of joint production -- X. Fixed capital -- XI. Land.

Part III: XII. Switch in methods of production.

"This is a work of a specialist character, addressed to those interested in pure economic theory. Its approach is reminiscent of certain points of view taken by the old classical economists from Adam Smith to Ricardo but neglected in the period of domination of the 'marginal method'. One of the returns to earlier ways of thought here adopted is the examination of the conditions of production in a given situation irrespective of whether constant or variable returns prevail. Another is to regard production as a circular process in which the same kind of commodities appear both among the means of production and among the products - rather than as a process beginning with 'factors of production' and ending with consumption goods. Within this framework a series of propositions are deduced concerning the effects which changes in the division of the product between profits and wages may have on the values of individual commodities. Although the reasoning is abstract it requires no knowledge of mathematics beyond elementary algebra." -- From the back cover.

Donation from Karl H. and Elizabeth H. Niebyl.

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