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Parallels Between the Views of David Ricardo and Karl Marx

Author

Listed:
  • Galia Mancheva

    (University of National and World Economy, Sofia, Bulgaria)

Abstract
The current article is dedicated to the 200th anniversary of the birth of philosopher, historian, sociologist, political scientist and economist, the founder of the fundamental work “Capital” – Karl Marx. It follows the author’s views on basic eco­nomic categories, namely value and surplus value, salary and rent, realization, and crises, as com­pared to the same published by British journalist David Ricardo. The undisputed contribution of the ideologist of communism, the creator of historical materialism, the theory of surplus value, and the class struggle theory, Marx, is underscored.

Suggested Citation

  • Galia Mancheva, 2019. "Parallels Between the Views of David Ricardo and Karl Marx," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 128-138, March.
    • Handle: RePEc:nwe:iisabg:y:2019:i:1:p:128-138
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    File URL: https://www.unwe.bg/uploads/Alternatives/Mancheva_Alternativi_br1_2019_BG-13.pdf
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    More about this item

    Keywords

    Marx; Ricardo; capital; value; salary; rent;
    All these keywords.

    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • P26 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Property Rights
    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment

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