Money and totality : : a macro-monetary interpretation of Marx's logic in Capital and the end of the 'transformation problem' / / by Fred Moseley.
This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx’s logical method in Capital , based on substantial textual evidence, which emphasises two main points: (1) Marx’s theory is primarily a macroeconomic theory of the total surplus-value produced in the e...
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| Superior document: | Historical Materialism Book Series, Volume 104 |
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| VerfasserIn: | |
| Place / Publishing House: | Leiden, Netherlands ;, Boston, [Massachusetts] : : Brill,, 2016. ©2016 |
| Year of Publication: | 2016 |
| Language: | English |
| Series: | Historical materialism book series ;
Volume 104. |
| Physical Description: | 1 online resource (433 p.) |
| Notes: | Description based upon print version of record. |
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| Summary: | This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx’s logical method in Capital , based on substantial textual evidence, which emphasises two main points: (1) Marx’s theory is primarily a macroeconomic theory of the total surplus-value produced in the economy as a whole; and (2) Marx’s theory is a monetary theory from beginning to end and the circuit of money capital – M - C - M’ – is the logical framework of Marx’s theory. It follows from this 'macro-monetary' interpretation that, contrary to the prevailing view, there is no 'transformation problem' in Marx’s theory; id est, Marx did not 'fail to transform the inputs of constant capital and variable capital' in his theory of prices of production in Part 2 of Volume III. |
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| Bibliography: | Includes bibliographical references and indexes. |
| ISBN: | 9004301933 |
| ISSN: | 1570-1522 ; |
| Hierarchical level: | Monograph |
| Statement of Responsibility: | by Fred Moseley. |