constituted Freeman’s response to an initial critique by Laibman of the Temporal Single System Interpretation (TSSI) of Marx …. However Laibman accepts the most important conclusion of TSSI research, namely, it refutes Okishio’s theorem, according to …’s value theory. Applying an alternative valuation to the TSSI, he shows that a rising rate of profit can be deduced where the …

our reactions to Laibman’s initial critique of the Temporal Single System Interpretation (TSSI) of Marx’s value theory … circumstances under which the rate of profit falls under cost-saving technical change, refuting Okishio’s theorem which states that …, although Okishio’s theorem has been disproved, Marxist authors are unable or unwilling to acknowledge this fact. We dissect the …

This is the Italian version of ‘Value and Marx: why it matters’ which appeared in Vasopollo, L (2002) (ed) ‘Un Vecchio … Falso Problema: La Transformazione dei valori in prezzi nel Capital di Marx’, Roma: Laboratoria per la critica sociale. It … debate to this point on the temporal and simultaneous approaches to value and on the alleged inconsistencies in Marx …

This is the English version of ‘Valore e Marx: Perche sono importanti’ which appeared in Vasopollo, L (2002) (ed) ‘Un … Vecchio Falso Problema: La Transformazione dei valori in prezzi nel Capital di Marx’, Roma: Laboratoria per la critica sociale … the debate to this point on the temporal and simultaneous approaches to value and on the alleged inconsistencies in Marx …

capital arising from price changes and inventory adjustment. It establishes that the equilibrium interpretation of Marx …, in particular Duncan Foley’s 1997 review of Freeman and Carchedi (eds) Marx and non-equilibrium Economics, and comments …This article responds to a number of criticisms of the TSSI (sequential non-dualist) approach to the theory of value …

This is the English language version of the entry on ‘Money’ (‘Geld’) in the ‘Historisch Kritisch Wörterbuch des … Marxismus’, a comprehensive dictionary of Marxist terminology being produced as an accompaniment to the Marx …-Engels-Gesamt-Arbeite (Marx-Engels collected works), a comprehensive critical edition of the works of Marx and Engels The German-language version …

This essay provides a critical Marxist reformulation, internal to the cultural tradition of Western Marxism, of Marx …’s theoretical treatment of value and capital. It implies the abandonment of the ‘pure’ labour theory of value of the young Marx in … Marx, after his epistemological break described by Althusser. The accounting practice of defining and measuring income and …

perspective outlined by the mature Marx. A correct method for converting quantities of labour-time in terms of money, which …This essay provides a simple, non-technical reformulation of Marx’s theoretical treatment of value and capital. It …

value and capital with those of money and finance. An augmented cost-of-production theory of value is advocated. Special … attention is focused on the role of Marx’s ‘monetary expression of labour value’ (MEV), rediscovered and unduly modified by neo …-Marxists with the purpose to make it compatible with Marx’s labour theory of value. JEL Codes: B12, D46, E11. …

stock model that can be adapted to represent those of money, labour and economic output. Chapter 3 deals with economic … kinetics entropy and maximisation and the cycle. Chapter 5 constructs a thermodynamic money system, using historical data of …