"This article is a response to two other articles in this symposium by Tiago Camarinha Lopes and David Laibman. The article focuses mainly on the important question that both Camarinha Lopes and Laibman address in their articles: what does the labor theory of value do that other theories cannot...

It has been discovered in recent years that Marx wrote four drafts of Capital, not just two (the Grundrisse and Capital), as was previously thought. The second draft is the Manuscript of 1861-63 in which Marx developed for the first time his theory of the distribution of the total surplus-value...

This paper critically evaluates the "new solution" to the transformation as presented by Foley and Dumenil and others, from the perspective of the author's "macro-monetary" interpretation of Marx's theory. The main issue emphasized is the method of determination of the inputs of constant capital...