This paper examines Marx's views on globalization and its supposed inevitability, and contends that they underwent a substantial evolution and revision after the publication of the Communist Manifesto. In the case of China, a prime example of the Asiatic mode of production, Marx even doubted...

This paper argues that despite a growing body of scholarly literature on Sir James Steuart, his theory of history and influence on Marxian political economy has been largely ignored. The approach of this paper is motivated, in part, by Marx's sympathetic treatment of Steuart found in the opening...

The propositions advanced by Marx and Smith on the relation between labor and prices are examined, with particular emphasis on income distribution, within a non-Walrasian setting including joint production and heterogeneous labor. Among its contributions, the paper introduces the concept of...

The paper serves as an introduction to the RuJE special issue on the circulation of economic ideas between Russia and the West. This circulation is a contentious issue, especially among Russian economists. In this article a specific pattern of West-Russia-West transfer is investigated. The...

The Frankfurt School of Social Research was an offshoot of the orthodox Marxist intellectual movement. Historically, the main force that gave life to Critical Theory is undeniably Karl Marx’s impetus for emancipation, however, in its course of development Critical Theory has abandoned its...

As existing literature attests, in spite of methodological differences Marx and Veblen draw strikingly similar conclusions regarding production, conflict, and alienation in modern existence. We here attempt to establish that similarity in conclusion stems from similarity in approach. After...

A number of Marxist scholars have tied aspects of Marx's thought to certain Aristotelian categories, yet remarkably little is said of Marx's dialectical materialism in this literature. Here we attempt to lay a foundation for such an effort, paying particular attention to the way in which...

We introduce the ‘Idea of Marx' to put into question events and discourses that emerged during the Global Financial Crisis (GFC) and examine how these coalesced into a particular economic imaginary of ‘recovery'. The ‘engine' which will allow us to move in the ‘idea of Marx' goes by the...

The concept of surplus is central in the analysis of capitalism. From the Marxian literature we can identify two main approaches: on the one hand, the concept of surplus developed by Marx based on the distribution of time worked between workers and capitalists; while on the other, the concept of...

This paper examines the validity of economic thoughts of Karl Marx and John Maynard Keynes for the present time. The paper compares Marx and Keynes, and aims to show that the difference in treatment of the major economic issues between them is not as significant as one may expect. Marx and...