Harriet Taylor has been long forgotten as an economist and political philosopher, while merely remembered as John Stuart Mill’s friend and belatedly wife. Never was fate more unjust: we only need to recall that Taylor - whose liberal background soon led her to be fascinated by socialist...

One frequently quoted passage from the work of John Maynard Keynes is that "the best way to destroy the capitalist system [is] to debauch the currency." The passage, attributed to Vladimir Illyich Lenin, appears in Keynes' book <em>The Economic Consequences of the Peace</em>, which became an...

In order to stage a sustained encounter between literary theory and Marxian political economy, this paper initiates a dialogue between Walter Benjamin’s "The Task of the Translator" on one hand, and Marx’s Capital, on the other. I will theorize the two-fold transition from the...

Henri de Man is the author of the dissenting “Au-delà du Marxisme†(1926) and of the Belgian Plan du Travail (Labor Plan) of 1933. Later he became a Belgian social-democratic leader. He published between 1931 and 1935 18 economic articles in the Bulletin d’Information et de...

This paper attempts to place the economic analysis of Karl Marx and Friedrich Engels's Communist Manifesto in historical perspective. The author begins by summarizing the analysis of capitalist economic development in the Manifesto, and showing how it was strongly influenced by developments in...

The article reviews the idea of calculation in kind. It is argued that Kantorovich and subsequent mathematicians essentially validated the idea of in-kind calculation. This has not been evident because Kantorovich nowhere deals with the Austrian school and they for their part have ignored him....

Classical economists - mainly Smith, Ricardo and J.S. Mill - abhorred public debts because of their interference with capital accumulation. J.S. Mill in particular envisaged that a rising public debt leads to higher interest rates and falling real wages, a combination which may be consistent...

The paper argues that the limited company can be looked upon as a transitional corporate form in-between the capitalistic mode of production and a new mode of production, as a springboard for the creation of a – fully socialist – system of cooperative firms. An additional aim of this paper...

I formulate and calibrate a small 3D classical growth cycle model to explain the rise of income inequality, growth stagnation and the persistence of unemployment in South Africa between 1970-2005. This model exhibits interactions between economic growth, the employment rate, and the rate of...