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AA10715850-00001201-0001  
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Title
Title Marxian optimal growth model;reproduction scheme and general law of capitalist accumulation  
Kana  
Romanization  
Other Title
Title  
Kana  
Romanization  
Creator
Name 大西, 広  
Kana オオニシ, ヒロシ  
Romanization Onishi, Hiroshi  
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Affiliation (Translated)  
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Place
Tokyo  
Publisher
Name Keio Economic Society, Keio University  
Kana  
Romanization  
Date
Issued (from:yyyy) 2012  
Issued (to:yyyy)  
Created (yyyy-mm-dd)  
Updated (yyyy-mm-dd)  
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Physical description
29 leaves ; 30 cm.  
Source Title
Name Keio Economic Society discussion paper series  
Name (Translated)  
Volume 12  
Issue 1  
Year 2012  
Month 4  
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Abstract
As Prof. Okishio proved the existence of exploitation mathematically, the birth, growth, and death of capitalism should also be proved mathematically,and for this purpose we formulated the so-called Marxian optimal growth model. This is not a model in value-term because peoples' direct interest is not value itself but utility and firms' interest is not value but profit. However, a very important finding of this paper is that such a non-value-term model can be translated into a value-term model, and we introduce a value-term reproduction scheme from the Marxian optimal growth model. In this form, we confirm that our model fulfills the conditions of simple reproduction and extended reproduction.
However, a more important fact we found is that this optimal path shows (1) rising organic composition of capital, (2) falling rate of profit, and (3) falling ratio of the output of the first sector. The second fact contradicts the Okishio Theorem, and the third contradicts the Lenin.
 
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Keyword
death of capitalism  

reproduction scheme  

falling rate of profit  

organic composition of capital  

general law of capitalist accumulation  
NDC
 
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英語  
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Technical Report  
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Oct 18, 2012 09:00:00  
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Oct 18, 2012 09:00:00  
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/ Public / Faculty of Economics / Keio economic society discussion paper series / 12 (2012) / 12(1) 201204
 
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