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The theory and critique of capitalism is back at the center of scholarly debate. With it comes a growing awareness of … Marx to more recent work on money theory by Geoffrey Ingham and in financial economics, the paper focuses on three of money …, it binds these actors together in shifting relations of dependence. In today's financial capitalism, what counts as money …
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theoretically relevant to capital accumulation. Essentially, there is no solid ground for Marxism, of various sorts, to claim that …
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This paper tries to clarify the logical structure of the relationship between labour values and prices from an axiomatic perspective. The famous 'transformation problem' is interpreted as an impossibility result for a specific interpretation of value theory based on specific assumptions and...
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