Global problems require global solutions. The argument presented here at a global level of analysis is that we can learn something from both modernism and postmodernism but that global problems are more adequately addressed and solutions more likely to emerge from critical theory and critical...

In the last fifty years, many aspects of socialism have been rolled back around the world. Indeed, in the 1990s, following the collapse of communism in Central and Eastern Europe, it seemed as if classical liberal ideas had triumphed. But this did not happen by accident. The role of free-market...

This paper illustrates, through a numerical example of reswitching under oligopoly, the existence of implications from the Cambridge Capital Controversy for the theory of industrial organization. Oligopoly is modeled by given and persistent ratios in rates of profits among industries, as...

Milton Friedman (1962) famously argued there can be no freedom of speech where the government owns the printing presses. According to Friedman, political freedom presupposes economic freedom. Less well-known are F. A. Hayek's and John Jewkes's illustrations of the same principle, both drawing...

As the centenary of the Russian revolution of 1917 approaches, it is worth reviewing the past 100 years' discussion amongst economists on the possibility – or otherwise – of economic planning under socialism. The socialist calculation debate is of fundamental importance, not merely as a...

Este artículo plantea una discusión de los componentes teóricos de los precios de los combustibles, el transporte urbano y los subsidios. Posteriormente, se hace un estudio comparativo y crítico de las diferentes posiciones existentes respecto al subsidio de los derivados; sus principales...

This paper studies the two systems of production equations corresponding respectively to wages paid entirely or partially in kind in Sraffa's self-replacing economies. Regarding the first system, the paper introduces the concept of p -shaped matrix, which is relevant to the subject and allows...

In this paper, we study the relation between income distribution and prices in economies in a self-replacing state, defined by Sraffa, when wages are paid entirely in value. As a result of our analysis, it is possible to build a model that combines certain features of the different forms of...

Portuguese Abstract: Segundo a perspetiva Marxista tradicional – do chamado "materialismo dialético" – toda e qualquer realidade (natural, física, social, etc.) é em si mesma contraditória, dialética, devendo a ciência ser baseada nessa mesma dialética "materialista". Lucio Colletti,...