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Classical Political Economy
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abstract Adam Smith assumption capital accumulation capitalist economy ceteris paribus classical Political Economy clearly colonial commodities competition composition of capital concept constant capital construction consumers consumption crises decisions demand depend determined distribution Econ economic economists effect element entrepreneur equilibrium equipment essential exchange exchange-values existing fact factors of production fall Fascism future given hence Imperialism implied important income increase individual industry influence interest investment J. A. Hobson J. R. Hicks J. S. Mill James Mill labour-power latter Malthus marginal Marx Marx's means ment method monopolistic monopoly movement nature necessarily normal organic composition output particular postulated principle problem proportion quantity rate of profit ratio reason relation relative result Ricardo rise seems significance situation social socialist economy stored-up labour supply surplus surplus-value technical tend tendency theory of value tion to-day trade utility variable capital wages