In this 1952 article from the “On the Thread of Time” series, on the eve of a split in the… Money and totality: a macro-monetary interpretation of Marx's logic in Capital and the end of the ...

Marx develops his economic theory in Capital in a rather peculiar way. This paper focuses on some of these peculiarities, especially his attempt to base his account of prices and derivative entities ...

Though it may seem strange, Karl Marx was not always a communist. As late as 1842, when Marx was in his mid-20s, he actually said he opposed any attempt to establish a communist system. In October ...

One of the most common phrases to be heard from those on “the left” is the assertion that someone or some public policy is or is not on “the right side of history.” It has almost become a mantra by ...

Marxian economics, derived from Karl Marx's seminal works, critiques capitalism's treatment of labor, arguing that it exploits workers and undervalues their contributions. This school of thought ...

In Greece, the Potato Movement demonstrates that people hit hard by the recession are employing the Labour Theory of Value professed by theorists such as Karl Marx to reignite their economy. Since the ...

President Trump, Don’t Fall into Putin’s Arms Control Trap Audio By Carbonatix But campus diehards still make a case for him. This week marks the birthday of one of history’s worst human beings, Karl ...

Cambridge Journal of Economics, Vol. 40, No. 3 (May 2016), pp. 913-939 (27 pages) This article distinguishes between two types of division of labour discussed by Smith. The ...

The argument unfolding today in the United States between free traders and protectionists is nothing new, in kind or intensity. Long before President Trump called for tariffs to halt the departure of ...