Interest in socialism is growing throughout the world. But "socialism" too often simply means belief in equality, democracy, and solidarity with working and oppressed people. That vision remains crucial; but we also need to re-develop the theory of a socialist system -not just a middle path, a...

Controversy has prevailed since the problem of "transforming" values into prices first emerged in the late 19th century. Progress has, regrettably, been hampered by attempts to "vindicate" Marx's work exactly, rather than treating him as a pioneer upon whom his successors must build, using the...