The Economics of Karl Marx

• Part I. Capital: Principal Features of the Marxian 'Canon': 1. Value and distribution; 2. Elements of growth theory; 3. Economic growth and the falling real-wage trend; 4. Economic growth and the falling rate of profit; 5. The cyclical dimension; Part II. Origins: Marx in the 1840s: 6. Marx's economics 1843–1845; 7. A 'first draft' of Capital 1847–1849; Part III. A 'Second Draft' of Capital: The Grundrisse 1857–1858: 8. 1857–1858 I: surplus value; 9. On value 'realization'; Part IV. A 'Third Draft' of Capital: The Economic Manuscripts 1861–1863: 10. 1861–1863 I: surplus value – profit, rent, and interest; 11. 1861–1863 II: sectoral analysis, accumulation, and stability; 12. 1861–1863 III: the labor market; Part V. Topics in Application: 13. Economic organization and the equality issue; 14. Is there a Marxian 'entrepreneur'? On the functions of the industrial capitalist; 15. Principles of social reform; Conclusion: a recapitulation and overview.

'This is vintage Hollander: beautifully written, highly opinionated and extremely well researched. It is the culmination of decades of scholarship on classical and post-classical political economy. Many readers will question Hollander's interpretation of Marx as an unsuccessful predecessor of Walras, but few will fail to be stimulated, or provoked, by this book.' John King, La Trobe University