This paper aims at developing the Capability Approach's (CA) underlying philosophical anthropology and ethics by focusing on the work of its major exponents, Amartya Sen and Martha Nussbaum. I first discuss CA's critique of happiness as subjective well-being and defend the idea of 'flourishing'...

This paper presents Notebook B113, one of Marx’s unpublished manuscripts, and suggests its importance for highlighting the monetary and financial issues which Marx was investigating after 1867. The contents of this notebook reveal a systematic effort to investigate new features of...

William Carroll, Professor of Sociology at University of Victoria, wasinterviewed during the conference “Embeddedness and Beyond: Do Sociological Theories meet Economic Realities?” in Moscow (October 25–28, 2012), where Carroll chaired a section of mini-conference “Capitalist...

This paper presents estimates of the rate of profit on fourteen countries in the long run. The performance shows a clear downward trend, although there are periods of partial recovery in both core and peripheral countries. The behavior of the profit rate confirms the predictions made by Marx,...

This paper presents theory and evidence to show that imperialism was a major factor impeding the spread of the industrial revolution during the century ending in the 1950s. Two empirical results stand out. First, analysis of historical evidence shows that most sovereign countries were...

The Global Financial Crises has motivated some to rethink the dominance of global capitalism. This has revived an interest in Marxist doctrine and in particular its examination of the notion of exploitation. Marx’s theory of value is central to his examination of exploitation. This paper will...

Blending past and present, this brief history of economics is the perfect book for introducing students to the field. A Brief History of Economics illustrates how the ideas of the great economists not only influenced societies but were themselves shaped by their cultural milieu. Understanding...

Marx’s theory of surplus-value is fundamental to his innovations in the theory of value and Classical Political Economy. When Marx’s theory of surplus-value is considered in the context of the long-period method, the dynamics of surplus-value and its importance to Marx’s overall framework...

Estudio del pensamiento social y político de José Julián Martí, del que se traducen a la lengua italiana algunos de sus escritos de especial interés. La autora del libro es docente en la Universidad de Messina y ha publicado un número considerable de páginas sobre este gran pensador...

In earlier times economists used to view the world in terms of dual economic models. For Marx the Asiatic mode of production(1) was the concept which was the counterpart of the Western feudalism from which the capitalist regime and bourgeois society emerged: Weber regarded the Confucian...