Date of Award
4-26-2010
Degree Type
Thesis
Degree Name
Master of Arts (MA)
Department
Philosophy
First Advisor
Andrew J. Cohen - Committee Chair
Second Advisor
Andrew I. Cohen - Committee Member
Third Advisor
Sebastian Rand - Committee Member
Abstract
My purpose in this work is to argue that the resolution of capitalism’s contradictions, as they are understood by Marx, fits the criteria of an economic movement towards sustainability. The Marxist analysis of capitalism, while accurate in many respects (especially with the explanation of contradictions generated in the capitalist free market), requires more explanation of the manner in which the economic process of valuation is to continue in the stages succeeding late capitalism. This work will provide an explanation of this economic transition that remains faithful to Marx’s understanding of history and the historical development of the productive forces and the relations of production. I will propose the inclusion of ideal capital (the valuation of non-material goods) as an economic component to help explain a sustainable economic arrangement under a Marxian framework. I will additionally address critiques arising from Bohm-Bawerk in my endorsement of a Marxian economic analysis.
DOI
https://doi.org/10.57709/1332106
Recommended Citation
Bustard, Sean Cashel, "Marx, Economic Sustainability, and Ideal Capital." Thesis, Georgia State University, 2010.
doi: https://doi.org/10.57709/1332106