Economics need to change - now more than ever! With Exploring Economics, we strengthen alternative economic approaches and counter mainstream economics with a critical and pluralistic vision of economic education. We also provide background analyses on current economic debates to strengthen a critical economic discourse.
Unfortunately, we are running out of money to continue our work.
With a small contribution you can help Exploring Economics to stay online. Thank you!
We are a registered non-profit organization | Bank account: Netzwerk Plurale Ökonomik e.V., IBAN: DE91 4306 0967 6037 9737 00, SWIFT-BIC: GENODEM1GLS | Imprint
A concise introduction to Marx's Labour Theory of Value, the three ratios (the rate of surplus value, the rate of profit, and the organic composition of capital), and the falling rate of profit hypothesis. The result, a short explanation of why the world economy is in a mess, from Karl Marx.
It is concise, lucidly articulated and enough to get the basic picture of these concepts.