The Formalization of Marx’s Economics

Whether Marx’s economics and Marxist political economy can be formalized using mathematics is a controversial divisive issue. From studying the text of Capital its manuscripts, it emerges that research on capitalist mode production involves application mathematical methods. Marx creates set symbols related to social capitalism, basis constructs an economic model corresponding his theoretical analysis. Obviously, method integral part methodology. In certain sense, methods study formalize in line with approach topics. However, formalization must strictly observe relevant principles; otherwise, will lead serious problems.