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Prometheus: K. Marx and Modern Political Economy (devoted to the 200th anniversary of the birth of Karl Marx)

Abstract

The article is dedvoted to the 200th anniversary of the birth of K. Marx. K. Marx is an author of the classical definition of political economy as a science that studies the laws of production and exchange at different stages of the development of society. He developed the socio-economic formation as a natural historical process. He discovered the dual nature of labor embodied in the product. The features of the categories «alienation», «fetishism», «transformed forms» were also revealed. K. Marx carefully analyzed the internal structure of the universal form of capital and its contradictions, the nature of the labor force as a commodity and the features of the reserve army of labor, formal and real subordination of labor to capital. He recorded the main contradictions of simple commodity and capitalist production, the essence of the law of the correspondence between productive forces and production relations. The formation of the economic law of capitalist society was of fundamental importance, in particular, the law of the production of surplus value, the growth of the organic structure of production, the average rate of profit to decline, and the faster growth of the means of production over the means of consumption. He presented an excellent picture of the famous schemes of reproduction and economic cycles of production development, for example, in the textile industry of England for the period from 1815 to 1865. The methodology of Karl Marx’s «Capital», although very complex, is also applicable to the analysis of the economic structure of any society, especially for considering the early stages of the development of a society, when contradictions, conflicts and antagonisms appear in the most vivid form.

About the Author

S. A. Akhanov
Университет «Туран»
Kazakhstan


References

1. Маркс К., Энгельс Ф. Соч. - Изд. 2-е. - Т. 39. - С. 352.

2. Маркс К., Энгельс Ф. Соч. - 20-е изд. - Т. 49. - С. 496-497.


Review

For citations:


Akhanov S.A. Prometheus: K. Marx and Modern Political Economy (devoted to the 200th anniversary of the birth of Karl Marx). Bulletin of "Turan" University. 2018;(2):261-265. (In Russ.)

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ISSN 1562-2959 (Print)
ISSN 2959-1236 (Online)