This work establishes the uniqueness of the Marxian category of Capital on the basis of the original texts by Marx. The study has been neglected in the existing literature. The wage-labor relationship is shown to be necessary and sufficient for the existence of capital(ism). Individual ownership is shown to be a particular form of capitalist private property which can also take the form of collective ownership. The author argues the capitalist character of the Soviet economy.
This ground-breaking study places Marx's theory of money within the wider context of his political and philosophical thought, with particular reference to "alienation."
The Value of Marx is an overview of developments in political economy in general, and Marxian value theory in particular. The implications of Marxian value theory for bank credit, inflation and deflation are fully explored.
This book examines the main areas of interest in Marxian economics, paying particular attention to class conflict, analytical Marxism and game theory. Very few books can claim to cover the areas that this book does with such clarity, academic rigour and originality. Its study of game theory and Marxism makes it a particularly unique book that will interest a wider variety of economists and social scientists than would normally be the case.
This book is the first complete commentary on Marx's manuscripts of 1861-63, works that guide our understanding of fundamental concepts such as 'surplus-value' and 'production price'.