We propose to re-read Ricardo's theory of rent and its modern versions. Ricardo's dynamic approach follows the transformations of a long-term equilibrium with demand. Sraffa adopted the same framework while substituting a value criterion for a physical criterion to determine the incoming...

El presente texto pretende establecer si, realmente, el pasado declive financiero representa una crisis" en la ciencia económica. Se analiza la importancia de la predicción tanto para la ciencia de la economía como para su profesión. Finalmente, hace un recorrido sobre la posibilidad y...

This paper reviews two elaborations on alternatives to capitalism (Roemer, 1994 e Burczak, 2006). The present round of the controversy on socialism, planning vs. market, was triggered by the collapse of the bureaucratic regime in the URSS. One key feature of the present round is the influence of...

Metamorphoses of capitalism may be investigated following a dialogue between two theoretical approaches: long waves of capitalist development (Freeman & Louçã, 2001) and systemic cycles of accumulation (Arrighi, 1994). This dialogue organizes this paper. The first section associates the...

This article presents a critique of the solution of the Temporal Single System Marxism (TSS) for the problem of transforming values into prices, which establishes that values and prices are simultaneously determined in a sucession of periods of production and circulation; the value transferred...

El presente trabajo versa sobre la actual crisis que vive el capitalismo mundial, las explicaciones que ha dado la burguesía de la misma y el contraste con la teoría marxista de la crisis, los planes de salvamento que al contrario de los que algunos pueden pensar es mas una continuación del...

This article shows that the law of value is axiomatic and constitutes the necessary foundation of the system of prices of production, explaining the double character of the commodities, which cost capital for capitalists and labor for workers and the society as a whole. It sustains that...

El objetivo del presente ensayo es entrar en la discusión sobre de un tema tan especial en la teoría económica como es el dinero. Para esto, se analizará una teoría de vital importancia en el estudio de la economía, es decir, la teoría propuesta por Karl Marx, en la cual el dinero es de...

In the numerical examples used by Marx to study the reproduction of social capital, the economy reaches a steady growth path in only two periods. This surprising outcome has been interpreted by Marx’s readers as a property of a model which excludes any sort of economic crisis. This paper shows...

Roman Rosdolsky suggests a method to deal with the transition towards socialism that integrates three issues: 1) the identification of dynamic features of capitalism; 2) the systematization of metamorphoses of capitalism; 3) the evaluation of how these metamorphoses reshape the elaboration of...