Edited by Alan Freeman, former Lecturer in Economics, University of Greenwich, UK, Andrew Kliman, Pace University, US and Julian Wells, Senior Lecturer in Economics, Kingston University, UK

• Contents: 1. Rhetoric and Substance in Value Theory: An Appraisal of the New Orthodox Marxism 2. Marx versus the ‘20th-Century Marxists’: A Reply to Laibman 3. The Return to Marx: Retreat or Advance 4. The Case for Simplicity: A Paradigm for the Political Economy of the 21st Century 5. Labour, Money, Labour-saving Innovation and the Falling Rate of Profit 6. The Other Side of the Class Relation: Women, Money and Commodities in Capitalism 7. Value, Abstract Labour and Exchange Equivalence 8. The Duality of Labour 9. On the Abstraction of Labour as a Social Determination 10. Defining the Concreteness of the Abstract and its Measure: Notes on the Relation between Key Concepts in Marx’s Theory of Capitalism 11. Forms of Existence of Abstract Labour and Value-form 12. Calculating Labour Values Empirically 13. Socialism and Value Categories in the Early Soviet Doctrine: Lenin, Trotsky, Buharin and Preobrazhensky 14. Value’s Law, Value’s Metric 15. Towards an Empirical Measurement of International Transfers of Value 16. Some Empirical Considerations for the Question of Transformation 17. Devalorisation, Crises, and Capital Accumulation in the Late 19th Century US Bibliography Index

'The New Value Controversy and the Foundation of Economics constitutes a useful benchmark for some recent work in Marxian value theory.'

Edited by Alan Freeman, former Lecturer in Economics, University of Greenwich, UK, Andrew Kliman, Pace University, US and Julian Wells, Senior Lecturer in Economics, Kingston University, UK

• Contents: 1. Rhetoric and Substance in Value Theory: An Appraisal of the New Orthodox Marxism 2. Marx versus the ‘20th-Century Marxists’: A Reply to Laibman 3. The Return to Marx: Retreat or Advance 4. The Case for Simplicity: A Paradigm for the Political Economy of the 21st Century 5. Labour, Money, Labour-saving Innovation and the Falling Rate of Profit 6. The Other Side of the Class Relation: Women, Money and Commodities in Capitalism 7. Value, Abstract Labour and Exchange Equivalence 8. The Duality of Labour 9. On the Abstraction of Labour as a Social Determination 10. Defining the Concreteness of the Abstract and its Measure: Notes on the Relation between Key Concepts in Marx’s Theory of Capitalism 11. Forms of Existence of Abstract Labour and Value-form 12. Calculating Labour Values Empirically 13. Socialism and Value Categories in the Early Soviet Doctrine: Lenin, Trotsky, Buharin and Preobrazhensky 14. Value’s Law, Value’s Metric 15. Towards an Empirical Measurement of International Transfers of Value 16. Some Empirical Considerations for the Question of Transformation 17. Devalorisation, Crises, and Capital Accumulation in the Late 19th Century US Bibliography Index

'The New Value Controversy and the Foundation of Economics constitutes a useful benchmark for some recent work in Marxian value theory.'

Edited by Alan Freeman, former Lecturer in Economics, University of Greenwich, UK, Andrew Kliman, Pace University, US and Julian Wells, Senior Lecturer in Economics, Kingston University, UK

• Contents: 1. Rhetoric and Substance in Value Theory: An Appraisal of the New Orthodox Marxism 2. Marx versus the ‘20th-Century Marxists’: A Reply to Laibman 3. The Return to Marx: Retreat or Advance 4. The Case for Simplicity: A Paradigm for the Political Economy of the 21st Century 5. Labour, Money, Labour-saving Innovation and the Falling Rate of Profit 6. The Other Side of the Class Relation: Women, Money and Commodities in Capitalism 7. Value, Abstract Labour and Exchange Equivalence 8. The Duality of Labour 9. On the Abstraction of Labour as a Social Determination 10. Defining the Concreteness of the Abstract and its Measure: Notes on the Relation between Key Concepts in Marx’s Theory of Capitalism 11. Forms of Existence of Abstract Labour and Value-form 12. Calculating Labour Values Empirically 13. Socialism and Value Categories in the Early Soviet Doctrine: Lenin, Trotsky, Buharin and Preobrazhensky 14. Value’s Law, Value’s Metric 15. Towards an Empirical Measurement of International Transfers of Value 16. Some Empirical Considerations for the Question of Transformation 17. Devalorisation, Crises, and Capital Accumulation in the Late 19th Century US Bibliography Index

'The New Value Controversy and the Foundation of Economics constitutes a useful benchmark for some recent work in Marxian value theory.'