Title: Reclaiming Marx's 'Capital': A Refutation of the Myth of Inconsistency (The Raya Dunayevskaya Series in Marxism and Humanism)
Publisher: Lexington Books
Publication Date: 2006
Language: English
ISBN 10: 0739118528
ISBN 13: 9780739118528
Binding: Soft cover
Condition: New

About this title

Synopsis

This book seeks to reclaim Capital from the myth of internal inconsistency, a myth that serves to justify the censorship of Marx's critique of political economy and present-day research based upon it. Andrew Kliman shows that the alleged inconsistencies are actually caused by misinterpretation. By modifying the standard interpretation of Marx's value theory in two simple ways, the recent "temporal single-system interpretation" eliminates all of the alleged inconsistencies. Written especially for the non-specialist reader, in a clear, accessible style and with the bare minimum of mathematics, Reclaiming Marx's "Capital" introduces readers to Marx's value theory and contrasting interpretations of it, the history of the internal inconsistency controversy, and interpretive standards and methods. Kliman then surveys Marx's falling-rate-of-profit theory, the relationship of prices to values (the "transformation problem"), Marx's exploitation theory of profit, and other topics. The book ends with a discussion of why the myth of inconsistency persists, and a call to set the record straight.

About the Author

Andrew Kliman is professor in the Department of Economics at Pace University.

"About this title" may belong to another edition of this title.

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