As accumulation has globalized, national economic indicators such as the balance of payments have been increasingly called on to provide popular measures of national economic performance. Yet at the same time the possibility of defining the national economy as a unit is becoming more ambiguous....

Marxist value analysis has paid little attention to the international movement of capital. This paper contends that there are different but compatible concepts of international capital movement in value theory, which are associated with different meanings of 'capital' in each volume of Karl...