This paper is the first part of a Marxian critique of the theory of the firm, focusing on the analysis of labour values. Starting from Adam Smith's example of the deer hunter marginal analysis is introduced, culminating in the derivation of the Labour Value Function as the supply curve of the...

This paper is the first part of a Marxian critique of the theory of the firm, focusing on the analysis of labour values. Starting from Adam Smith's example of the deer hunter marginal analysis is introduced, culminating in the derivation of the Labour Value Function as the supply curve of the...

In this paper, we show that Sraffa’s prices are consistent with Marx’s analysis of the form of circulation of capital (Money–Commodities–Money) and his theory of the creation of new value by labour in the production process. On the contrary, according to many neo-Ricardian and Marxist...

This paper reviews Roberts' book Marx's Inferno. I take issue with three main themes of the book. The first theme deals with the ‘impersonal’ nature of domination embodied in the capital relation, the second with the putative connection between domination and republicanism, and the third...

The aim of this paper is to outline some aspects of the self-organisation of society based on a dialectical methodology. On a very general level, society can be characterised as a re-creative system: By mutual productive relationships of social structures and actors, society can based on human...

The aim of this paper is to outline some foundational aspects of a theory of self-organising social change. Synchronous social self-organisation is based on a contradiction between structures and actors that produces emergent results. The cycle of expanded reproduction of capital outlined by...

Both Rosa Luxemburg and Michal Kalecki utilised Marx’s scheme’s or reproduction as the starting point of their analysis of economic dynamics. However, Luxemburg did not realise that they were not meant to serve as models of capitalist growth, but rather to show that the conditions for stable...

Racial capitalism is a conceptual framework that illuminates the relationship between race and class in the global economy. The concept of racial capitalism has spawned a vast interdisciplinary literature reflecting multiple theoretical perspectives on the various ways that race and class (along...

Russian Abstract: Социальное неравенство между городским населением и жителями сельской местности в России является очевидным. Российская общественная мысль...