Invisible Leviathan : the Marxist critique of market despotism beyond postmodernism / Murray E.G. Smith.

Format:

Book

Author/Creator:

Smith, Murray E. G., 1950-

Series:

State and economic life ; 19.

The State and economic life ; 19

Language:

English

Subjects (All):

Labor theory of value.

Marxian economics.

Physical Description:

xiii, 272 pages : illustrations ; 24 cm.

Place of Publication:

Toronto : University of Toronto Press, [1994]

Summary:

The text is broad-ranging, integrating eleven studies that consider the theory of labour-value from historical, philosophical, and economic perspectives. Smith incorporates a thorough review of the controversy that has raged around Marx's theory of labour-value, reporting the key arguments of orthodox Marxists, neo-Ricardians, neo-orthodox Marxists, and fundamentalist Marxists. He concludes that the Marxian theory of labour-value remains a logically coherent and theoretically sound basis for understanding capitalism's historical-structural crises. Also included is a reconsideration of Marx's law of the falling tendency of the rate of profit along with a statistical analysis of long-term trends in the Canadian economy that lend support to Marx's vies.

Notes:

Includes bibliographical references: pages [251]-261.

Includes index.

ISBN:

0802005896

0802071902

OCLC:

30971944