Marxian Economics: A Reappraisal

Notes on the Contributors Introduction; R.Bellofiore Acknowledgements PART 1: PRICES AND VALUES Profitability, Prices and Values; M.Desai Marx's Logic in Capital and the 'Transformation Problem'; F.Moseley Value, Exchange Value and the Internal Consistency of Volume III of Capital: A Refutation of Refutations; A.J.Kliman The Transformation Trinity: Value, Value Form and Price; A.Callari, B.Roberts & R.Wolff Socially Contingent Value; C.Biewener Does Marx Need to Transform?; P.Cockshott & A.Cottrell The Distinction Between Social Value, Individual Value, Market Value and Market Price in Volume III of Capital; C-O.Lee Time and Equilibrium in Neoclassical Price Theory and Volume III of Capital; G.Carchedi PART 2: DYNAMICS Marx on Technological Change: The Ricardian Heritage; H.D.Kurz A General Refutation of Okishio's Theorem and a Proof of the Falling Rate of Profit; A.Freeman Decentring the Marxian Debate over the Falling Rate of Profit: A New Approach; S.Cullenberg Destructive Creativity: Institutional Arrangements of Banking and the Logic of Capitalist Technical Change in the Perspective of Marx's 1894 Law of Profit; G.Reuten Marx or Hicks? Structural Proportions and Crisis: The Transition from the First to the Third Volume of Capital; J.Halevi & P.Kriesler PART 3: EMPIRICAL APPROACHES The Dynamics of Historical Tendencies in Volume III of Capital: An Application to the US Economy since the Civil War; G.Dum�l & D.L� The Empirical Strength of the Labour Theory of Value; A.M.Shaikh Unproductive Labour and the Rate of Profit in Australia, 1966/67-1991/2; S.Mohun The Transformation of Prices into Values: Comment on the Chapters by Simon Mohun and Anwar M. Shaikh; A.Freeman Burning Questions of an Old Rock: Commodity Fetishism and Class Relations in Volume III of Capital; M.De Angelis Profitability and the Persistence of Capitalism; M.Desai Index