Abstract: This paper is aimed at discussing Mandler’s interpretation of Sraffa’s price theory. In particular we will analyse Mandler’s idea that an institutional determination of distribution, suggested by Sraffa, could be solidly advanced only in the case of equilibrium price...

El objetivo del presente ensayo es entrar en la discusión sobre de un tema tan especial en la teoría económica como es el dinero. Para esto, se analizará una teoría de vital importancia en el estudio de la economía, es decir, la teoría propuesta por Karl Marx, en la cual el dinero es de...

This article points to the relationship between socialims and utilitarism in John Stuart Mill's thought. His praise of cooperatives relies on the utilitarian criterion "the greatest good for the greatest number" and on the idea of a progressive difussion of the cooperative system. On the...

In this paper we analyze the concept of capital, using as starty point the Cambridge Controversies in the theory of capital. In the first section, we present neoclassical views regarding the concept of capital, mensuration of marginal product of capital and the theories of distribution,...

This article challenges the notion that the modern general equilibrium theory of Arrow-Debreu is a rigorous formulation of neoclassical economics and that, by contrast, Sraffian and Marxian economics are not compatible with it. It shows that the standard Arrow-Debreu assumptions regarding the...

Neo-Schumpeterian economics has elaborated a theory of the role of science and technology in capitalist dynamics. We argue that this approach may be improved if it takes Marx's theory of capital into account. This (collective) effort should also consider contributions from some classic authors...

This article presents a critique of the solution of the Temporal Single System Marxism (TSS) for the problem of transforming values into prices, which establishes that values and prices are simultaneously determined in a sucession of periods of production and circulation; the value transferred...

This article discusses three basic problems: 1. the nature and use of concept of the market in the social sciences; 2. the centrality of the concept of internal market, as formulated by Marx and a certain Marxist tradition for explaining the genesis and the dynamics of capitalism; and 3. the...

This article presents a synthesis of discussions opposing contrasting interpretations concerning the economy of pharaonic Egypt - Marxist, Polanyian (substantivism) and economic formalist - presented since about 1970. The author next develops his own opinions, contrary to the economically...

This paper presents the concept of articulation of modes of production in the works of the german africanist Georg Elwert born in 1947 and died in 2005. After the explanation of concepts of mode of production and articulation of modes of production, the paper analyzes how Professor Georg Elwert...