Academic journal article World Review of Political Economy

Winners of World Marxian Economics Award (2014)

Academic journal article World Review of Political Economy

Winners of World Marxian Economics Award (2014)

Article excerpt

The World Marxian Economic Award 2014 was granted to David M. Kotz and Yuanpeng Hong

David M. Kotz is Professor of Economics at the University of Massachusetts Amherst, USA. His research and publications contribute mainly to three categories: (1) transitions between modes of production, particularly the transition from socialism back to capitalism in the Soviet Union; (2) accumulation and crisis, including the social structure of accumulation theory; and (3) institutional forms of capitalism, particularly neoliberalism and the economic crisis that it produced in 2008. He also has contributed to other topics in Marxist theory, e.g., the nature of finance capital, analysis of the role of money in capital accumulation, and analysis of the relation between household labor and wage labor in determining the value of labor power and the rate of exploitation. He has high international recognition. Most of his English language articles since the early 1990s have also been published in Chinese, Russian, and a few other languages. Since September 2010, he has been a Distinguished Professor in the School of Economics and Co-director of the Political Economy Department at the Shanghai University of Finance and Economics, in addition to his position as a Professor of Economics at the University of Massachusetts Amherst. He gives lectures frequently outside the USA, most often in China and Russia. …

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