This Companion takes stock of the trajectory, achievements, shortcomings and prospects of Marxist political economy. It reflects the contributors’ shared commitment to bringing the methods, theories and concepts of Marx himself to bear across a wide range of topics and perspectives, and...

To meet today’s challenges, including successful mobilization around people’s most immediate needs, a rigorous and inspiring vision of a new society—socialism—is more necessary than ever. Without creating rigid or utopian schemes, we can affirm and develop some of the...

1. Value and the quest for the core of capitalism -- 2. Rhetoric and substance in value theory : an appraisal of the new orthodox Marxism -- 3. Technical change, accumulation, and the rate of profit revisited -- 4. Okishio and his critics : historical cost vs. replacement cost -- 5. Is there a...