Este artículo intenta contribuir a la discusión sobre las diferencias y afinidades entre la economía política de Marx y la economía ecológica. Se centra en las diferencias de objetivos, de temas de estudio y de métodos. También señala los puntos de convergencia y la necesidad de la...

The paper analyses the empirical relations between relative prices, income distribution and private investments. It applies the theoretical framework developed by the author in his "Oligopoly and technical progress" to the case of Italy for the period 1951-1966.

The work analyses the relations between relative prices, profits and rents. It briefly reviews the main theoretical literature on the subject and then considers the empirical evidence on the case of Italy in the period 1951-1971.

On 15 October 2011 the Italian economist Pierangelo Garegnani passed away. The article reviews Garegnani’s main contributions to economic theory by showing how they frequently gave raise to wide and relevant debates. The obituary highlights the salience of Garegnani’s analysis also for a...

For the future to be built, current questions are: economic life, to be adapted or transformed? Which way: by legal prescription, or through real emergence? Empirically, or aiming a people gathering coherence? Facing market: by regulation or changing for equity, a necessary base of solidarities?...

This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...

Marx's theory of money is critiqued relative to the advent of fiat and electronic currencies and the development of financial markets. Specific topics of concern include (1) today's identity of the money commodity, (2) possible heterogeneity of the money commodity, (3) the categories of land and...

We explore the relationships between aggregate profitability and women's growing share of market work in the United States during the 1980s and 1990s. Using decomposition analysis and counterfactuals, we investigate whether the contribution of the declining wage share to the upswing in...

Existing empirical schemas of class structure do not specify the capitalist class in an adequate manner. We propose a schema in which the specification of capitalist households is based on wealth thresholds. Individuals in noncapitalist households are assigned class locations based on their...

In subsistence economies with general convex technology and rational optimising agents, a new, axiomatic approach is developed, which allows an explicit analysis of the core positive and normative intuitions behind the concept of exploitation. Three main new axioms, called Labour Exploitation in...