This chapter inquires into what could or should be a Classical theory of money and prices sixty years after Sraffa's Production of Commodities by Means of Commodities' publication. It takes as granted three basic propositions: (i) Sraffa's system of prices is relevant for determining Classical...

The concept of commodity society based on a specific division of labour (opposition between private and social labour) and that of surplus-value are the most prominent achievements of Marx's intellectual efforts in dealing with the economy of capitalism. This paper attempts to evaluate the...