Reconstructing the labour theory of value: An interview with Duncan Foley (Part 2: The Capitalist Law of Exchange)
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Marxists tend to like the labor theory of value because it provides a vivid account of exploitation and highlights a basic antagonism at the core of capitalism: capitalists and workers are locked in a battle over the appropriation of the surplus that workers produce. But many commentators [...]
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As you open my new textbook, Marxian Economics: An Introduction, you may be wondering, why should I study Marxian economics? In the United States and in many other countries, Marxian theory, including Marxian economics, is a controversial topic. That's certainly been true for the past few [...]
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Call for Papers Ships in the proletarian night: contemporary Marxist thought in France and Britain
25th – 27th March 2021
Alison Richards Building, Sidgwick Site, University of Cambridge
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The publication of Georg Lukács’ History and Class Consciousness in 1923 created a rift in the international Marxist movement unlike any other. The book challenged key tenets of an emerging Soviet orthodoxy, including the moratorium on ‘bourgeois philosophy’, the dogma of party [...]
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Marxist analysis of law is perhaps one of the most fascinating and protean contributions to legal theory. The volatility of Marx’s analyses emerges from the fact that the wellspring of his theory of law is in historical materialism, a factor that makes it less of a legal theory amongst the [...]
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This interview was conducted by the podcast Political Economy for the End Times, which acts as a platform for discussion of the intersecting crises of contemporary capitalism (follow on Twitter here). In this episode, Werner Bonefeld, Professor of Politics at the University of York and a [...]
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In his book Marx at the Margins: On Nationalism, Ethnicity, and Non-Western Societies, Kevin B. Anderson clearly demonstrates that Marx did not embrace a unilinear, economic determinist position on historical development. Rather, especially in his later writings, he demonstrated a [...]
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