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Money, Value and Marx's Circuit of Capital
Money, Value and Marx's Circuit of Capital
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ISBN No.: 9781835495971
Pages: 280
Year: 202602
Format: Trade Cloth (Hard Cover)
Price: $ 193.20
Dispatch delay: Dispatched between 7 to 15 days
Status: Available (Forthcoming)

Money, Value and Marx's Circuit of Capital is an indispensable intellectual resource which provides a critical alternative to the general equilibrium paradigm that has dominated economics for over a century. It brings together leading Marxist and heterodox scholars in an impressive effort to overcome the inability of mainstream theory to offer a scientifically sound explanation of phenomena that are part and parcel of the realities of capitalism, such as its recurrent crises, inequality and stagnation. To do so, these contributions shift the focus of economic analysis to fundamental yet undeservedly under-researched themes which Marx studies in Volume II of Capital: the circuit of capital, its turnover and the reproduction of the total social capital. The different chapters thus re-examine value, money and other economic categories in light of the intrinsically sequential and temporal motion which characterises the contradictory dynamics of capital“s expanded reproduction. Moreover, not only do the authors undertake this endeavour with scholarly rigour, but they also establish a genuinely pluralist and fruitful dialogue between Marxist political economy and post-Keynesian, circuitist, and institutionalist traditions. I firmly believe that this collection of essays will become a point of reference for anyone seeking a critical understanding of the workings of contemporary capitalism. Indeed, there is no doubt that Money, Value and Marx's Circuit of Capital will turn into essential reading for economists and other social scientists who are dissatisfied with the theoretical irrelevance of the neoclassical paradigm for the comprehension of the present-day crisis of modern society.


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