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This paper was presented to the 1998 conference of the Brazil Society for Political Economy. Two short sections are flagged for later incorporation, and this never happened so the article is until now unpublished. The ground these were to address is fully covered elsewhere, however this text...
Persistent link: https://www.econbiz.de/10011111695
This paper was presented to the May 2013 conference of the Postglobalization Initiative in Moscow, and deals with the function of economics in the modern world order. It seeks to explain why, as a profession (notwithstanding individual exceptions) economics failed to predict the crisis that...
Persistent link: https://www.econbiz.de/10011260071
This is a prepublication version of ‘Money, Labor, and Logic: A critical comparison’, published in Critique of Political Economy. Please cite as Freeman, A. 2011. ‘Money, Labor, and Logic: A critical comparison’, Critique of Political Economy No. 1. 152-175. The article seeks to promote...
Persistent link: https://www.econbiz.de/10011260996
This paper was produced as a study aid, to help people understand twentieth-century debates about Marx’s theory of the profit rate. It discusses and dissects the principal criticisms of Marx’s formulation of the ‘law of the tendential fall in the profit rate’. It is I think one of the...
Persistent link: https://www.econbiz.de/10011113459
This chapter argues that the Marxian theory of exploitation underlies the concepts of surplus and deficit industries that appear in Sraffa’s (1960) Production of Commodities by Means of Commodities. This is seen from archival research of the unpublished papers of Piero Sraffa housed at the...
Persistent link: https://www.econbiz.de/10011183486
This chapter argues that Marx's definition of “accumulation of capital” is sufficiently ambiguous to lead to troublesome conceptions after his death. It is held that Lenin moved conceptualization in a misleading direction by moving accumulation of capital away from social relations of...
Persistent link: https://www.econbiz.de/10011184318
Marx's 1865 lectures offer an easily accessible summary of his theory, addressed to an English-speaking audience. However, one weakness preventing common usage (including classroom use) is the dialogue in the first twenty pages with one John Weston. This abridged version stays with the exact...
Persistent link: https://www.econbiz.de/10011185951
The paper argues that a formal, and fruitful, historical analogy can be drawn between economics and a religious hierarchy, most notably the mediaeval Catholic church. This idea was fully developed in Freeman (2007), ‘Heavens Above: what equilibrium means for economics’, in Mosini, V (ed)...
Persistent link: https://www.econbiz.de/10004991289
This text comprises chapter 1 of Marx and non-equilibrium Economics[1]. It specifies a non-equilibrium (temporal) interpretation of Marx’s theory of value which demonstrates a fully consistent transformation of values into prices and reproduces Marx’s tendential law of the falling profit...
Persistent link: https://www.econbiz.de/10005620036
This article was published in Freeman, Alan (2006): Die Himmel über uns. Über die Bedeutung des Gleichgewichts für die Wirtschaftswissenschaft, EXIT! Krise und Kritik der Warengesellschaft 3, 212-241 It is the German translation of an chapter originally published in Mosini, V (ed) (2007)...
Persistent link: https://www.econbiz.de/10005621679