Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics

S. C. Joseph

Abstract

The Last Quater of the 18th century witnessed the end of the transformation of an agrarian-Mercantile society into an Industrial- Capitalist economy, in Western Europe. Marxian analysis of capitalist development was framed against the backdrop of this process. The process of capital accumulation is central to his vision of the evolution of a capitalistic economy. Marx emphasizes over and over again that 'The capitalist process of production is essentially a process of accumulation".

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S. C. Joseph

Abstract

Dr. Brahmananda's book on "Studies in the Economics of Welfare maximisation" is based on his thesis submitted for the Ph.D.degree of the Bombay University.

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