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

• Chapter 1 Introduction: The Question of Internal InconsistencyChapter 2 Marx's Value Theory and Contending InterpretationsChapter 3 A Brief History of the ControversyChapter 4 Making Marx Make Sense: On Interpretive MethodChapter 5 Simultaneism, Physicalism, and the Law of ValueChapter 6 Was Marx a Simultaneist?Chapter 7 A Falling Rate of Profit ControversyChapter 8 The "Transformation Problem" (1): Marx's Solution and Its CriticsChapter 9 The "Transformation Problem" (2): If It Ain't Broke, Don't Correct ItChapter 10 The "Fundamental Marxian Theorem"Chapter 11 An Empirical Defense of the Law of Value?Chapter 12 Summary and Conclusions

After Bortkiewicz "corrected" it a century ago, almost everyone, orthodox and Marxian economists alike, accepted the view that Marx's value theory is internally inconsistent. In Reclaiming Marx's "Capital," Andrew Kliman, a proponent of what is known as the "temporal single-system interpretation" (TSSI), sorts out a bewildering tangle of approaches and issues in order to demonstrate that the charge of internal inconsistency is false. From this perspective, the controversies concerning Marx's law of the tendential fall in the rate of profit, the so-called "transformation problem," and other basic elements of value theory appear in a fresh new light. Specialists cannot afford to neglect Kliman's argument. Non-specialists will find that Kliman not only argues but teaches. Reclaiming Marx's "Capital" is a fresh attempt to get it right, in terms Marx himself would have recognized.

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

• Chapter 1 Introduction: The Question of Internal InconsistencyChapter 2 Marx's Value Theory and Contending InterpretationsChapter 3 A Brief History of the ControversyChapter 4 Making Marx Make Sense: On Interpretive MethodChapter 5 Simultaneism, Physicalism, and the Law of ValueChapter 6 Was Marx a Simultaneist?Chapter 7 A Falling Rate of Profit ControversyChapter 8 The "Transformation Problem" (1): Marx's Solution and Its CriticsChapter 9 The "Transformation Problem" (2): If It Ain't Broke, Don't Correct ItChapter 10 The "Fundamental Marxian Theorem"Chapter 11 An Empirical Defense of the Law of Value?Chapter 12 Summary and Conclusions

After Bortkiewicz "corrected" it a century ago, almost everyone, orthodox and Marxian economists alike, accepted the view that Marx's value theory is internally inconsistent. In Reclaiming Marx's "Capital," Andrew Kliman, a proponent of what is known as the "temporal single-system interpretation" (TSSI), sorts out a bewildering tangle of approaches and issues in order to demonstrate that the charge of internal inconsistency is false. From this perspective, the controversies concerning Marx's law of the tendential fall in the rate of profit, the so-called "transformation problem," and other basic elements of value theory appear in a fresh new light. Specialists cannot afford to neglect Kliman's argument. Non-specialists will find that Kliman not only argues but teaches. Reclaiming Marx's "Capital" is a fresh attempt to get it right, in terms Marx himself would have recognized.

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

• Chapter 1 Introduction: The Question of Internal InconsistencyChapter 2 Marx's Value Theory and Contending InterpretationsChapter 3 A Brief History of the ControversyChapter 4 Making Marx Make Sense: On Interpretive MethodChapter 5 Simultaneism, Physicalism, and the Law of ValueChapter 6 Was Marx a Simultaneist?Chapter 7 A Falling Rate of Profit ControversyChapter 8 The "Transformation Problem" (1): Marx's Solution and Its CriticsChapter 9 The "Transformation Problem" (2): If It Ain't Broke, Don't Correct ItChapter 10 The "Fundamental Marxian Theorem"Chapter 11 An Empirical Defense of the Law of Value?Chapter 12 Summary and Conclusions

After Bortkiewicz "corrected" it a century ago, almost everyone, orthodox and Marxian economists alike, accepted the view that Marx's value theory is internally inconsistent. In Reclaiming Marx's "Capital," Andrew Kliman, a proponent of what is known as the "temporal single-system interpretation" (TSSI), sorts out a bewildering tangle of approaches and issues in order to demonstrate that the charge of internal inconsistency is false. From this perspective, the controversies concerning Marx's law of the tendential fall in the rate of profit, the so-called "transformation problem," and other basic elements of value theory appear in a fresh new light. Specialists cannot afford to neglect Kliman's argument. Non-specialists will find that Kliman not only argues but teaches. Reclaiming Marx's "Capital" is a fresh attempt to get it right, in terms Marx himself would have recognized.