World Review of Political Economy

Articles from Vol. 8, No. 1, Spring

Commodification of Healthcare and Its Consequences
Within a system of capitalist relations of production, those spheres that promote rapid capital accumulation, whether through enterprises engaged in the "productive" or "unproductive" financial spheres of capitalism,1 are given precedence over sectors...
Review of Global Capitalism and the Crisis of Democracy by Jerry Harris
Global Capitalism and the Crisis of Democracy, by Jerry Harris, Atlanta, Clarity Press, 2016, 285 pp., $23.95 (paperback), ISBN 978-0-9860853-2-1The book focuses on democracy's backsliding tendencies in the current system of global capitalism. It insightfully...
SRAFFA'S REPRODUCTION PRICES VERSUS PRICES OF PRODUCTION: Probability and Convergence
(ProQuest: ... denotes formulae omitted.)1.Reproduction PricesIn the first pages of Sraffa (1960), a simple two product economy producing corn and iron is introduced with the following structure:In volume I of Capital (Marx 1887), Marx used a price theory...
THE US DOLLAR AS THE GLOBAL RESERVE CURRENCY: Implications for Us Hegemony
1.IntroductionAs the global reserve currency since the end of World War II, the US dollar has been intrinsic to the functioning of the world economy. The US dollar is so fundamental to the global financial system that the political and economic ramifications...
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