marxist analysis of GDP

[RedMaterialist]

Does anyone know of any books, journals, etc discussing a Marxist analysis of the economic figures of the National Products Accounts? For instance, such as is total gdp a product of wage labor + consumed means of production + profit (surplus value.) Or is only goods and services produced considered to be the product of the worker. Is Investment and government spending considered as a deduction from profit or as part of the total product produced by workers?

I'm trying to use the NIPA accounts as well as Bureau of Labor Statistics to see if they can be understood in Marxist terms, esp through Vol II and III.

It seems to me that Marx's idea that the individual rate of profit of a capitalist enterprise is determined not by what that capitalist realized as profit in their own enterprise, but rather their profit is determined by the total capital investment of society and their profit would be a ratio of their individual investment to the whole investment---it seems this idea should be capable of being analyzed with the GDP figures.

Any help?

[oneday]

Perhaps this will get you started, it has some good interpretations and links to serious economic research on the rate of profit from a marxist perspective https://thenextrecession.wordpress.com/2013/12/19/the-us-rate-of-profit-extending-the-debate/

[cyu]

An article about happiness and why nations with high GDP aren't necessarily better off. Would you rather cry in a BMW or laugh on a bicycle? If what we measure isn't what we want, then all growth goals go in the trash.

https://www.ted.com/talks/mihaly_csikszentmihalyi_on_flow

about 30 percent of the people surveyed in the United States since 1956 say that their life is very happy. And that hasn't changed at all. Whereas the personal income, on a scale to accommodate for inflation, has more than doubled, almost tripled, in that period. after a certain basic point above the minimum poverty level -- increases in material well-being don't seem to affect how happy people are.


This is an interesting quote from Masaru Ibuka, who was at that time starting out Sony. the idea he had was to establish a place of work where engineers can feel the joy of technological innovation, be aware of their mission to society and work to their heart's content.


regardless of the culture, education or whatever, there are these seven conditions that seem to be there when a person is in flow. There's this focus that, once it becomes intense, leads to a sense of ecstasy, a sense of clarity: you know exactly what you want to do from one moment to the other; you get immediate feedback. You know that what you need to do is possible to do, even though difficult, and sense of time disappears, you forget yourself, you feel part of something larger. And once the conditions are present, what you are doing becomes worth doing for its own sake.



we can predict fairly accurately when you will be in flow, when your challenges are higher than average and skills are higher than average. you may be doing things very differently from other people, but for everyone that flow channel, that area will be when you are doing what you really like to do -- play the piano, be with your best friend, perhaps work.