shown that major elements of Marx's economic theory fall in the camp of monetary analysis and the implications for Marx …'s theory of capital accumulation are derived. First, Marx's theory of labour value has to be considered a "monetary theory of … follows, that any "real theory" of crisis and stagnation, as the falling rate of profit theory of crisis, cannot be sustained …

, this paper looks at 12 essential elements necessary to get a good understanding of Minsky's theory, and argues that those …