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Land Rent, Capital, Rate of Profit : A Critique of David Harvey’s Theory of Urban Land Rent

Farahani, Ilia LU orcid (2026) In Studies in Critical Social Sciences 365.
Abstract
This book provides a critique of David Harvey's theory of land rent and his replacement of Marx's concept of absolute rent with class-monopoly rent, arguing that this shift inadequately addresses crucial theoretical and empirical problems in urban economic geography today. The alternative introduced links land rent to fluctuations in profit rates rather than monopoly pricing. Land Rent, Capital, Rate of Profit seeks to resolve anomalies in Harvey's explanation by incorporating the concept of absolute rent and emphasizing long-term structural economic forces that determine its fluctuations. It draws on an alternative interpretation of Marx's economic theory advanced by Anwar Shaikh in his theory of real competition.
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Book/Report
publication status
in press
subject
keywords
Urban Economic Geography, Political Economy, David Harvey, Land Rent, Real Competition
in
Studies in Critical Social Sciences
volume
365
publisher
Brill
ISBN
978-90-04-76320-3
978-90-04-76321-0
project
From economic structures to local dynamics: low-income communities and the post-pandemic volatility of housing markets
language
English
LU publication?
yes
id
ada01c8a-4652-4a0e-9fd8-8ce9deda0368
date added to LUP
2026-02-26 09:34:53
date last changed
2026-03-03 09:27:34
@book{ada01c8a-4652-4a0e-9fd8-8ce9deda0368,
  abstract     = {{This book provides a critique of David Harvey's theory of land rent and his replacement of Marx's concept of absolute rent with class-monopoly rent, arguing that this shift inadequately addresses crucial theoretical and empirical problems in urban economic geography today. The alternative introduced links land rent to fluctuations in profit rates rather than monopoly pricing. Land Rent, Capital, Rate of Profit seeks to resolve anomalies in Harvey's explanation by incorporating the concept of absolute rent and emphasizing long-term structural economic forces that determine its fluctuations. It draws on an alternative interpretation of Marx's economic theory advanced by Anwar Shaikh in his theory of real competition.}},
  author       = {{Farahani, Ilia}},
  isbn         = {{978-90-04-76320-3}},
  keywords     = {{Urban Economic Geography; Political Economy; David Harvey; Land Rent; Real Competition}},
  language     = {{eng}},
  month        = {{07}},
  publisher    = {{Brill}},
  series       = {{Studies in Critical Social Sciences}},
  title        = {{Land Rent, Capital, Rate of Profit : A Critique of David Harvey’s Theory of Urban Land Rent}},
  volume       = {{365}},
  year         = {{2026}},
}