The study deals with the question of how much the post-war development of Czechoslovakia was affected by the Nazi central control model and the theory of Marxism-Leninism. The study searches for an answer through analysis of two questions: Could a different economic concept have been applied at...

RESUMENEl presente documento analiza de manera comparativa las dimensiones epistemológicas de las ciencias físico/naturales -especialmente la física y la biología- y de la economía en sus esfuerzos por estructurar un status de ciencia. Se plantea la tesis de que entre el pensamiento...

In 1918 the Central Statistical Administration (TsSU) was founded with the support of Lenin. Pavel Illich Popov was its first director (1918-1926). TsSU proceeded to the merging and centralization of the former decentralized statistical system of the zemstva (local governments) inherited from...

Abstract: Recent heterodox economic literature makes reference to Hilferding’s “Finance Capital” and Lenin’s “Imperialism” as early insights on the phenomenon of Financialization of capital. In this regard ideas which became dominant in the left during the first decades of the...

Starting from Schumpeter.s important distinction between .real analysis. and .monetary analysis., in this paper it is 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,...

Throughout all his life Karl Marx wrote angrily about capitalism. By use of a dialectic approach he was convinced that the working class had to unite and make a social revolution and thereby free them selves from exploitation. Marx himself was in many ways a dialectic person as we try to show in...

The present paper on the now partly well known Russian mathematician and amateur economist v. Charasoff was originally written in 1987 together with H. Duffner three years after Charasoff's remarkable contribution of 1910 Das System des Marxismus (The system of Marxism) had been rediscovered by...

Since around 2000 the education premium and the level of employment in high-skill occupations has stagnated, if not actually begun to shrink. This brings into question the generally held view that in advanced countries, while potentially harmful for those who work with their hands, globalization...

Marx's analysis of the determination of the general rate of profit and of the associated relative prices is based on the conceptual distinction between law of value and law of exchange. The law of value states that simple, necessary abstract labour is the substance and measure of the value of...

This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post" view on the matter and rather looks at the output side of the respective authors, but not at the input side. This means no attempt is made at studying in a systematic way, if and...