This article responds to a number of criticisms of the TSSI (sequential non-dualist) approach to the theory of value …’s value theory leads to the creation of value out of nothing (that is, without labour) in circumstances where values are …

’s value theory. Applying an alternative valuation to the TSSI, he shows that a rising rate of profit can be deduced where the …Prepublication version of article that appeared as Zarembka, P (ed) Economic Theory of Capitalism and its Crises …://www.elsevier.com/wps/find/bookdescription.cws_home/621298/description#description This article formed part of a four-way exchange on the rate of profit which appeared in …

either present or past economic theory explains it. He argues for a ‘third explanation’, alternative both to the profit … evidence overwhelmingly shows the output-capital ratio is a dominant cause of postwar movements in the US profit rate; thus …

-12 years; *general crisis – prolonged 20-40 year phases of relatively slow growth, accompanied by a declining average profit …

Article that appeared as Zarembka, P (ed) Economic Theory of Capitalism and its Crises, Research in Political Economy …://www.elsevier.com/wps/find/bookdescription.cws_home/621907/description#description) This article formed part of a four-way exchange on the rate of profit which appeared in … our reactions to Laibman’s initial critique of the Temporal Single System Interpretation (TSSI) of Marx’s value theory …

[Part I] This volume begins with an introduction to Marx's theory of capitalism in his own words, with his examples … modernized from use of shillings and pence as subdivisions of the Pound. [Part II] Well-known work in 1901 on the theory of … tendency of the profit rate is taken a step forward as contrasting positions are developed. [Part IV] Finally, credit money as …