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Land Rent, Capital, Rate of Profit: A Critique of David Harvey’s Theory of Urban Land Rent (New Scholarship in Political Economy, 365/38) - Hardcover

Book 32 of 36: New Scholarship in Political Economy

Farahani, Ilia

 
9789004763203: Land Rent, Capital, Rate of Profit: A Critique of David Harvey’s Theory of Urban Land Rent (New Scholarship in Political Economy, 365/38)

Synopsis

This book provides a critique of David Harvey's theory of land rent and his replacement of Marx's concept of absolute rent with class-monopoly rent, arguing that this shift inadequately addresses crucial theoretical and empirical problems in urban economic geography today. The alternative introduced links land rent to fluctuations in profit rates rather than monopoly pricing. Land Rent, Capital, Rate of Profit seeks to resolve anomalies in Harvey's explanation by incorporating the concept of absolute rent and emphasizing long-term structural economic forces that determine its fluctuations. It draws on an alternative interpretation of Marx's economic theory advanced by Anwar Shaikh in his theory of real competition.

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About the Author

Ilia Farahani is a researcher and lecturer in the Department of Human Geography at Lund University in Sweden. His research interests include Marxist geography, the political economy of land and housing in urban contexts, and implications of de-globalization for essential urban services. His work includes studies on spatial inequality, gentrification, land rent, and public housing, as well as land policy, capital switching, and land rent in Swedish and Iranian contexts.

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