This article deals with a theoretical point: the alleged consistency of the Marxian notion of exploitation with the Sraffian theory of prices. The problem is examined in a historico-critical perspective. The discussion is centred on the idea that in a circular model of production with vertically...

This is the Italian version of ‘Value and Marx: why it matters’ which appeared in Vasopollo, L (2002) (ed) ‘Un Vecchio Falso Problema: La Transformazione dei valori in prezzi nel Capital di Marx’, Roma: Laboratoria per la critica sociale. It was presented at the May 2002 conference...

Marx's analysis of the determination of the general rate of profit and of the associated relative prices is based on the conceptual distinction between law of value and law of exchange. The law of value states that simple, necessary abstract labour is the substance and measure of the value of...

Italian Abstract: Il possibile nesso tra crisi economiche e quello che Marx e Hilferding chiamavano "centralizzazione" del capitale è uno dei temi sollevati dalla "grande recessione". L'articolo esamina i principali studi dedicati a tale nesso, confrontando la letteratura economica marxista e...

Marx's analysis of the determination of the general rate of profit and of the associated relative prices is based on the conceptual distinction between law of value and law of exchange. The law of value states that simple, necessary abstract labour is the substance and measure of the value of...

This note draws inspiration from Riccardo Bellofiore’s recent monograph dedicated to Claudio Napoleoni. It examines Napoleoni’s reflections on key issues within Marxist theory, including the theory of value, alienation and exploitation, rent within the Italian economy, the status of economic...

This is a memorial article to celebrate the Italian journal "La Rivista Trimestrale", edited in Rome by two critical communist scholars, Claudio Napoleoni and Franco Rodano, in the period 1962-1970.

This is a note on labour exploitation and alienation in the economic thought of Marx and Napoleoni. It is a comment on a previous article on the subject by Riccardo Bellofiore.

This is a review-article on a book edited by M. Guidi and L. Michelini on marginalism and socialism in Italy during the liberal age 1870-1925.

Marx develops two alternative theories of the employment contract: one treats it as an agreement of commodity exchange, and one as a relational arrangement. In the former theory Marx introduces the notion of 'labour power' as a physical stock of labour capacity. Then he argues that the worker,...