This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx's logical method in Capital, based on substantial textual evidence, and concludes that, contrary to the prevailing view, there is no 'transformation problem' in Marx's theory of prices of production in Volume III.
This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx's logical method in Capital, based on substantial textual evidence, and concludes that, contrary to the prevailing view, there is no 'transformation problem' in Marx's theory of prices of production in Volume III.
Fred Moseley is Professor of Economics at Mount Holyoke College and is the author and editor of numerous books and articles on Marx's theory, especially the logical method employed by Marx in Capital and the theory of the distribution of surplus-value in Volume III of Capital.
Inhaltsangabe
Preface Bibliographical Note Part I: A Macro-Monetary Interpretation of Marx's Logical Method 1. Introduction: A 'macro-monetary' interpretation of Marx's theory 2. Algebraic summary: A 'macro-monetary' interpretation of Marx's theory 3. Marx's Theory of the Production and Distribution of Surplus-Value: The Prior Determination of the Total Surplus-Value 4. The Circuit of Money Capital: M Presupposed 5. Money Has No Price:Marx's Theory of Money and the Transformation Problem Part II: Other Interpretations of the Transformation Problem 6. Standard Interpretations of Marx's theory 7. Shaikh's Iterative Interpretation 8. The New Interpretation (Foley, Duménil, Mohun) 9. Temporal Single System Interpretation (Kliman and McGlone) 10. The Rethinking Marxism Interpretation (Wolff, Roberts, and Callari) 11. The Organic Composition of Capital Interpretation (Fine, Saad-Filho) 12. Replies to Criticisms of my Macro-Monetary Interpretation (Laibman, Bellofiore) Part III: Conclusion Conclusion Index
Preface Bibliographical Note Part I: A Macro-Monetary Interpretation of Marx's Logical Method 1. Introduction: A 'macro-monetary' interpretation of Marx's theory 2. Algebraic summary: A 'macro-monetary' interpretation of Marx's theory 3. Marx's Theory of the Production and Distribution of Surplus-Value: The Prior Determination of the Total Surplus-Value 4. The Circuit of Money Capital: M Presupposed 5. Money Has No Price:Marx's Theory of Money and the Transformation Problem Part II: Other Interpretations of the Transformation Problem 6. Standard Interpretations of Marx's theory 7. Shaikh's Iterative Interpretation 8. The New Interpretation (Foley, Duménil, Mohun) 9. Temporal Single System Interpretation (Kliman and McGlone) 10. The Rethinking Marxism Interpretation (Wolff, Roberts, and Callari) 11. The Organic Composition of Capital Interpretation (Fine, Saad-Filho) 12. Replies to Criticisms of my Macro-Monetary Interpretation (Laibman, Bellofiore) Part III: Conclusion Conclusion Index
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