Read Anywhere and on Any Device!

Subscribe to Read | $0.00

Join today and start reading your favorite books for Free!

Create Free Account

Money and Totality: A Macro-Monetary Interpretation of Marx's Logic in Capital and the End of the 'Transformation Problem'

4.3/5 ( ratings)

This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx s logical method in Capital, based on substantial textual evidence, which emphasises two main points: Marx s theory is primarily a macroeconomic theory of the total surplus-value produced in the economy as a whole; and Marx s theory is a monetary theory from beginning to end and the circuit of money capital M - C - M is the logical framework of Marx s theory. It follows from this 'macro-monetary' interpretation that, contrary to the prevailing view, there is no 'transformation problem' in Marx s theory; i.e., Marx did not 'fail to transform the inputs of constant capital and variable capital' in his theory of prices of production in Part 2 of Volume III."

Pages: 415

Format: Hardcover

Publisher: Brill

Release: October 01, 2015

ISBN: 9004216553

ISBN 13: 9789004216556

Money and Totality: A Macro-Monetary Interpretation of Marx's Logic in Capital and the End of the 'Transformation Problem'

4.3/5 ( ratings)

This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx s logical method in Capital, based on substantial textual evidence, which emphasises two main points: Marx s theory is primarily a macroeconomic theory of the total surplus-value produced in the economy as a whole; and Marx s theory is a monetary theory from beginning to end and the circuit of money capital M - C - M is the logical framework of Marx s theory. It follows from this 'macro-monetary' interpretation that, contrary to the prevailing view, there is no 'transformation problem' in Marx s theory; i.e., Marx did not 'fail to transform the inputs of constant capital and variable capital' in his theory of prices of production in Part 2 of Volume III."

Pages: 415

Format: Hardcover

Publisher: Brill

Release: October 01, 2015

ISBN: 9004216553

ISBN 13: 9789004216556

More books from Fred Moseley

Marx's Capital and Hegel's Logic: A Reexamination

Marx's Economic Manuscript of 1864-1865

Marx's Method in Capital

4.7/5 ( ratings)

Marx's Theory of Money: Modern Appraisals

4.6/5 ( ratings)

Macroeconomics from a Left Perspective

Heterodox Economic Theories: True or False?

Marx’s Theory of Value in Chapter 1 of Capital: A Critique of Heinrich’s Value-Form Interpretation (Marx, Engels, and Marxisms)

Ensayos de economía marxista

Rate this book!

Write a review?