Ricardo

Marx’s Critique of (Ricardian) Political Economy, the Quantity Theory of Money and Credit Money

The Marxist concept of value is very frequently equated, whether explicitly or merely tacitly, with the corresponding Ricardian concept of “labour expended”. This paper argues that unlike the Ricardian theory of value, the Marxist theory of value is a monetary …

Marx’s Critique of (Ricardian) Political Economy, the Quantity Theory of Money and Credit Money

Marx’s Value Theory Revisited. A ‘Value-form’ Approach

Marx’s  Capital  does not present an analysis of different economic ‘models’ of ‘themes’ (first the ‘simple commodity production’, then the ‘capitalist commodity’, etc.). It has a unique object of study,  the capitalist mode of production  (i.e. the immanent regularities and tendencies …

Marx’s Value Theory Revisited. A ‘Value-form’ Approach

Scroll to Top