
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
This book constitutes an overview of recent developments in political economy in general, and Marxist value theory in particular. The implications of value theory for bank credit, inflation and deflation are fully explored.
This book investigates the relevance of Marxist value theory in explaining the mechanisms and crises of contemporary global capitalism. Alfredo Saad-Filho, a professor of political economy, utilizes a rigorous analytical framework to bridge classical Marxist concepts with modern economic phenomena. He argues that the labor theory of value remains a vital tool for understanding the structural contradictions inherent in current financialized markets. By applying these theories to contemporary issues, the author provides a systematic critique of mainstream economic interpretations.
What You Will Find
Experts recognize this work as a significant contribution to the field of heterodox economics, particularly for its clarity in connecting abstract theory to concrete financial events. Readers frequently note the academic density of the prose, which serves as a foundational text for those seeking to understand the intersection of Marxist thought and modern monetary policy.
Page Count:
192
Publication Date:
2001-01-01
Publisher:
Taylor & Francis Group
ISBN-10:
0203468279
ISBN-13:
9780203468272
No comments yet. Be the first to share your thoughts!