This paper presents an alternative reading of Marx's theory of value, which overcomes the dichotomy between production and circulation that characterizes several other approaches. This reading recognises that the subject of Capital is the capitalist economy, and it considers the relationship...

This article reviews the 'pro-poor' macroeconomic policy alternative to the Washington consensus. The pro-poor approach draws heavily on heterodox economic theory, and offers a compelling view of an alternative economic strategy oriented primarily to the satisfaction of the basic needs of the...