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On Absolute Rent: Theoretical Remarks on Marx's Analysis

Economakis discusses Marx's notion of absolute rent in an effort to gain a better insight into the Marxian theory of rent. According to Marx, absolute rent is created exclusively by landownership on account of the monopoly it enjoys over the land. It is derived from the totality of the land and...

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Bibliographic Details
Published in:Science & society (New York. 1936) 2003-10, Vol.67 (3), p.339-348
Main Author: Economakis, George E.
Format: Article
Language:English
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Summary:Economakis discusses Marx's notion of absolute rent in an effort to gain a better insight into the Marxian theory of rent. According to Marx, absolute rent is created exclusively by landownership on account of the monopoly it enjoys over the land. It is derived from the totality of the land and flows from the surplus in the value of agricultural products over and above their production price.
ISSN:0036-8237
1943-2801