theory, import equilibrium assumptions which rule out a realistic or consistent theory of price formation. An alternative … price theory, calling for a radical reappraisal of the debate on value in this century. …

This article presents a ‘sequential and non-dualist’ interpretation of Marx’s value theory. This terminology has since …

In discussions on the rate of profit and its tendency to fall and its role in Marxist theory, a number of phrases are …

Luxemburg’s Accumulation of Capital, which asked the question: how can capitalism reproduce itself? It was continued by many … order for capitalism to exist on the basis of Marx’s equations for simple and for expanded reproduction. If one confines … capitalism, namely technical change as the driving force of accumulation. The effect of technical progress is not only to …

The paper argues that capitalism can be analysed in six different periods. These are: the period of commercial … capitalism (1500-1750), the periods of the first and second industrial revolutions (1750-1860 and 1870-1914 respectively); the …

technology, and hence the theory of long-term technological change. Our conclusions emphasise the confusion that the New Economy …