On Marx and accounting: An empirical study of the transformation of values into prices of production in the Brazilian contemporary economy, 2010-2022

The purpose of this paper is to present some notes on the contemporary Brazilian economy between 2010 and 2022, translating items from the value added statement (VAS) and the balance sheet of a sample of 48 companies that make up the Bovespa Index (Ibovespa, in Portuguese) portfolio into Marxist ec...

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Main Authors: Leonardo Segura Moraes, Raquel de Azevedo
Format: Article
Language:English
Published: Associazione Economia civile 2024-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/18316
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author Leonardo Segura Moraes
Raquel de Azevedo
author_facet Leonardo Segura Moraes
Raquel de Azevedo
author_sort Leonardo Segura Moraes
collection DOAJ
description The purpose of this paper is to present some notes on the contemporary Brazilian economy between 2010 and 2022, translating items from the value added statement (VAS) and the balance sheet of a sample of 48 companies that make up the Bovespa Index (Ibovespa, in Portuguese) portfolio into Marxist economic theory. The information was obtained from InvestSite (https://www.investsite.com.br/) and Economatica (https://economatica.com/) databases. In this sense, we observed some general trends and countertrends of real competition in the Brazilian economy, based on the empirical formulation of the concepts of constant capital, variable capital, surplus-value, turnover of capital, cost-price, price of production, rate of profit, and rate of surplus-value. In this way, we hope to contribute to a research agenda on the criteria for production and appropriation of surplus-value in Brazil, as well as to use the Marxian procedure of transformation of values into prices of production as a macroeconomic tool.
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spelling doaj-art-b9278e59b5fe44f6baf5cbf27cf72f2e2025-08-20T01:47:51ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432024-10-017731010.13133/2037-3643/18316On Marx and accounting: An empirical study of the transformation of values into prices of production in the Brazilian contemporary economy, 2010-2022Leonardo Segura Moraes0Raquel de Azevedo1Universidade Federal de Uberlândia (IERI/UFU)Universidade Federal de Uberlândia (IERI/UFU) The purpose of this paper is to present some notes on the contemporary Brazilian economy between 2010 and 2022, translating items from the value added statement (VAS) and the balance sheet of a sample of 48 companies that make up the Bovespa Index (Ibovespa, in Portuguese) portfolio into Marxist economic theory. The information was obtained from InvestSite (https://www.investsite.com.br/) and Economatica (https://economatica.com/) databases. In this sense, we observed some general trends and countertrends of real competition in the Brazilian economy, based on the empirical formulation of the concepts of constant capital, variable capital, surplus-value, turnover of capital, cost-price, price of production, rate of profit, and rate of surplus-value. In this way, we hope to contribute to a research agenda on the criteria for production and appropriation of surplus-value in Brazil, as well as to use the Marxian procedure of transformation of values into prices of production as a macroeconomic tool. https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/18316CompetitionBrazilian economyMarxAccounting
spellingShingle Leonardo Segura Moraes
Raquel de Azevedo
On Marx and accounting: An empirical study of the transformation of values into prices of production in the Brazilian contemporary economy, 2010-2022
PSL Quarterly Review
Competition
Brazilian economy
Marx
Accounting
title On Marx and accounting: An empirical study of the transformation of values into prices of production in the Brazilian contemporary economy, 2010-2022
title_full On Marx and accounting: An empirical study of the transformation of values into prices of production in the Brazilian contemporary economy, 2010-2022
title_fullStr On Marx and accounting: An empirical study of the transformation of values into prices of production in the Brazilian contemporary economy, 2010-2022
title_full_unstemmed On Marx and accounting: An empirical study of the transformation of values into prices of production in the Brazilian contemporary economy, 2010-2022
title_short On Marx and accounting: An empirical study of the transformation of values into prices of production in the Brazilian contemporary economy, 2010-2022
title_sort on marx and accounting an empirical study of the transformation of values into prices of production in the brazilian contemporary economy 2010 2022
topic Competition
Brazilian economy
Marx
Accounting
url https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/18316
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AT raqueldeazevedo onmarxandaccountinganempiricalstudyofthetransformationofvaluesintopricesofproductioninthebraziliancontemporaryeconomy20102022