Abstract
According to Joan Robinson [1966, p. vi], in the early forties, the study of Marx had been considered “a quaint pastime” in England and “disreputable” in the United States. The appearance, in 1942, of her Essay on Marxian Economics and of Sweezy’s Theory of Capitalist Development was therefore not consonant with the academic consensus of the time. Among the more orthodox economists, Schumpeter was perhaps alone in publicly recognizing Marx as a great economist. Yet he too, though appreciating Marx’s contributions on business cycles and the reproduction schemes—cf. Schumpeter [1954, pp. 566n, 747–750, 965–966]—thought of the Marxian system as fundamentally flawed. Now, three decades after Schumpeter’s History of Economic Analysis, it has become neither quaint nor disreputable to study Marx, and an extensive literature has developed in Marxian studies. For many reasons, the rising interest in Marx, which Schumpeter [p. 885] had characterized as something of a fad, turned out to be more lasting and productive than the orthodoxy had thought possible.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Aglietta, Michel. (1979). A Theory of Capitalist Regulation. London: New Left Books.
Amariglio, Jack, and Callari, Antonio. (1983). “The Marxian Theory of Value, Commodity Fetishism, and the Social Constitution of the Individual,” Discussion Series Paper #7, Association for Economic and Social Analysis, Department of Economics, University of Massachusetts at Amherst.
Blaug Mark. (1982). “Another Look at the Labour Reduction Problem in Marx.” In Bradley and Howard (ed.), Classical and Marxian Political Economy, Essays in Honor of Ronald L. Meek. New York: St. Martin’s Press.
Bortkiewicz, Ladislaus von. (1907). “On the Correction of Marx’s Fundamental Theoretical Construction in the Third Volume of Capital,” reprinted (1949) in Sweezy (ed.), Karl Marx and the Close of his System,by E. von Bohm-Bawerk. New York: August M. Kelley.
Bowles, Samuel, and Gintis, Herbert. (1977). “The Marxian theory of Value and Heterogeneous Labor: A Critique and Reformulation.” Cambridge Journal of Economics 1(2):173–192.
Bowles, Samuel, and Gintis, Herbert. (1985). “The Labor Theory of Value and the Specificity of Marxian
Economics.“ In Resnick and Wolff (eds.), Rethinking Marxism: Essays for Harry Magdoff and Paul Sweezy. New York: Autonomedia. pp. 31–44.
Braverman, Harry. (1974). Labor and Monopoly Capital. New York: Monthly Review Press.
Catephores, George. (1981). “On I leterogeneous Labor and the Labour Theory of Value.” Cambridge Journal of Economics 5(3):273–280. Reply by Bowles and Gintis, pp. 285–288.
Crotty, James. (1985). “The Centrality of Money, Credit, and Financial Intermediation in Marx’s Crisis Theory: An Interpretation of Marx’s Methodology.” In Resnick and Wolff (eds.), Rethinking Marxism. New York: Autonomedia, 1985, pp. 45–81.
De Vroey, Michel. (1981). “Value, Production, and Exchange.” In The Value Controversy. Verso editions and New Left Books, pp. 173–201.
Eatwell, John. (1974). “Controversies in the Theory of Surplus Value: Old and New.” Science and Society 38 (3): 281–303.
Ewen, Stuart. (1976). Captains of Consciousness. New York: McGraw Hill.
Gerstein, Ira. (1976). “Production, Circulation and Value: The Significance of the `Transformation Problem’ in Marx’s Critique of Political Economy.” Economy and Society 5 (3): 243–291.
Harcourt, G. C. (1982). “The Sraffian Contribution: An Evaluation.” In Bradley and Howard (eds.), Classical and Marxian Political Economy, Essays in Honor of Ronald L. Meek. New York: St. Martin’s Press, pp. 225–275.
Leontief, Wassily. (1968). “The Significance of Marxian Economics for Present Day Economic Theory.” In David Horowitz (ed.), Marx and Modern Economics. New York: Monthly Review Press, pp. 88–99. (Originally published in American Economic Review Supplement, March 1938.)
Marx, Karl. (1963). The Poverty of Philosophy, introduction by F. Engels. New York: International Publishers.
Marx, Karl. (1967a). Capital, vol. 1. New York: International Publishers.
Marx, Karl (1967b). Capital, vol. 3. New York: International Publishers.
Marx, Karl. (1973). Grundrisse. New York: Vintage Books, Random House.
McKenna, Edward. (1981). “A Comment on Bowles and Gintis’ Labour Theory of Value.” Cambridge Journal of Economics$15(3):281–284. Reply by Bowles and Gintis, pp. 285–288.
Medio, Alfredo. (1972). “Profits and Surplus Value: Appearance and Reality in Capitalist Production.” In Hunt and Schwartz (eds.), A Critique of Economic Theory. Baltimore: Penguin Books, pp. 312–346.
Meek, Ronald L. (1961). “Mr. Sraffa’s Rehabilitation of Classical Economics,” originally in Scottish Journal of Economics and reprinted (1967) in R. L. Meek, Economics and Ideology and Other Essays: Studies in the Development of Economic Thought. London: Chapman and Hall.
Meek, Ronald L. (1977). Smith, Marx, and After. London: Chapman and Hall.
Morishima, Michio. (1973). Marx’s Economics: A Dual Theory of Value and Growth. New York: Cambridge University Press.
Meek, Ronald L. (1978). “S. Bowles and H. Gintis on the Marxian Theory of Value and Heterogeneous Labour.” Cambridge Journal of Economics 2(2):305–309. Reply by Bowles and Gintis, pp. 310–314.
Resnick, Steven, and Wolff, Richard. (1982). “Classes in Marxian Theory.” Review of Radical Political Economics 13 (4): 1–18.
Robinson, Joan. (1966). An Essay on Marxian Economics, 2nd ed. (First ed. 1942 ). London: The Macmillan Press Ltd.
Roche, John. (1981). Marx’s Theory of Money and the Accumulation of Capital. Ph.D. Dissertation, University of Massachusetts at Amherst.
Roncaglia, Alessandro. (1974). “The Reduction of Complex Labour to Simple Labour.” Bulletin of the Conference of Socialist Economics 9: 1–12.
Roncaglia, Alessandro. (1975). Sraffa e la Teoria dei Prezzi. (Published in English as Sraffa and Price Theory.) Rome: Laterza.
Roosevelt, Frank. (1975). “Cambridge Economics as Commodity Fetishism.” Review of Radical Political Economics 7 (4).
Rowthorn, Bob. (1977). “Conflict Inflation, and Money.” In Rowthorn, Capitalism, Conflict, and Inflation. London: Lawrence and Wishart, 1980, pp. 148–181.
Rowthorn, Bob. (1979). “Skilled Labour in the Marxian System.” In Rowthorn, Capitalism, Conflict, and Inflation. London: Lawrence and Wishart, 1980.
Samuelson, Paul A. (1971). “Understanding the Marxian Notion of Exploitation: A Summary of the So-called Transformation Problem between Marxian Values and Competitive Prices.” Journal of Economic Literature 9 (2): 399–431.
Schumpeter, Joseph. (1954). In Elizabeth Boody Schumpeter (ed.), A History of Economic Analysis. New York: Oxford University Press.
Seton, F. (1957). “The Transformation Problem.” The Review of Economic Studies 24 (June): 149–160.
Sraffa, Piero. (1960). Production of Commodities by Means of Commodities. Cambridge: Cambridge University Press.
Steedman, Ian. (1977). Marx After Sraffa. London: New Left Books.
Sweezy, Paul M. (1942). The Theory of Capitalist Development. New York: Monthly Review.
Sweezy, Paul M. (1986). “The Regime of Capital.” Monthly Review (January): 1–11.
Winterniz, J. (1948). “Values and Prices: A Solution of the So-called Transformation Problem.” The Economic Journal 58 (June): 276–280.
Wolff, Richard, Roberts, Bruce, and Callari, Antonio. (1982). “Marx’s (not Ricardo’s) Transformation Problem: A Radical Reconceptualization.” History of Political Economy 14 (4): 564–582.
Aglietta, Michel. (1979). A Theory of Capitalist Regulation. New York: NLB. Althusser, Louis. (1969). For Marx. London: NLB.
Bell, Daniel. (1962). “The Debate on Alienation.” In Leopold Labedz (ed.), Revisionism: Essays on the History of Marxist Ideas. New York: Praeger.
Berki, R.N. (1983). Insight and Vision: The Problem of Communism in Marx’s Thought. London: J.M. Dent.
Bowles, Samuel, and Gintis, Herbert. (1985). “The Labor Theory of Value and the Specificity of Marxian Economics.” In Stephen Resnick and Richard Wolff (eds.), Rethinking Marxism: Essays for Harry Magdoff and Paul Sweezy. Brooklyn: Autonomedia.
Bowles, Samuel, and Gintis, Herbert. (1981). “Structure and Practice in the Labor Theory of Value.” The Review of Radical Political Economics (4)12:1–26.
Braverman, Harry. (1974). Labor and Monopoly Capital: The Degradation of Work in the Twentieth Century. New York: Monthly Review.
Callari, Antonio. (1986). “History, Epistemology, and Marx’s Theory of Value.” In Paul Zarembka (ed.), Research in Political Economy. Greenwich, Ct.: J.A.I. Press.
Cassel, Gustay. (1923). The Theory of Social Economy. London: T. Fisher Unwin. Eichner, Alfred S. (1986). “Can Economics Become a Science?” Challenge. 29 (5): 4–12.
Elliott, John E. (1979). “Continuity and Change in the Evolution of Marx’s Theory of Alienation: From the Manuscripts through the Grundrisse to Capital.” History of Political Economy 11 (3): 317–362.
Elliott, John E. “The Grundrisse as Social Theory: Link Between Young Marx and Mature Marx.” Social Science Quarterly 59 (2):239–256.
Elson, Diane. (1979). “The Value Theory of Labor. In Diane Elson (ed.), The Representation of Labor in Capitalism. Atlantic Highlands: Humanities.
Fine, Ben, and Harris, Laurence. (1979). Rereading Capital. New York: Columbia.
Gordon, David M., Edwards, Richard, and Reich, Michael. (1981). Segmented Work, Divided Workers. New York: Cambridge.
Hodgson, Geoff. (1982). Capitalism, Value and Exploitation. New York: Oxford.
Hunt, E.K. (1982). “Value Theory: The Link between Social Philosophy and Economic Analysis.” Economic Forum XIII (2):53–63.
Leijonhufvud, Axel. (1966). On Keynesian Economics and the Economics of Keynes. New York: Oxford.
Mandel, Ernest, and Freeman, Alan. (1984). Ricardo, Marx, Sraffa: The Langston Memorial Volume. London: Verso.
Mandel, Ernest, and Freeman, Alan. (1971). The Formation of the Economic Thought of Karl Marx. New York: Monthly Review.
Marx, Karl. (1981). Capital, 3 vols. New York: Random House.
Marx, Karl. (1975). Critique of Hegel’s Philosophy of Law. In Karl Marx and Frederick Engels, Collected Works, vol. 3. New York: International.
Marx, Karl. (1975). Economic and Philosophical Manuscripts. in Karl Marx and Frederick Engels, Collected Works, Vol. 3. New York: International.
Marx, Karl. (1973). Grundrisse. New York: Random House.
Marx, Karl. (1970). A Contribution to the Critique of Political Economy. Moscow: Progress.
Marx, Karl. (1967). Capital, 3 vols. New York: International.
Marx, Karl. (1963). Theories of Surplus Value. Moscow: Progress.
Meek, Ronald. (1956). Studies in the Labor Theory of Value. New York: Monthly Review.
Mészâros, Istvân. (1970). Marx’s Theory of Alienation. New York: Harper.
McLellan, David. (1971). The Grundrisse. New York: Harper.
McMurtry, John. (1978). The Structure of Marx’s World View. Princeton: Princeton.
Negri, Antonio. (1984). Marx Beyond Marx: Lessons on the Grundrisse, translated by Harry Cleaver, Michael Ryan, and Maurizio Viano; edited by Jim Fleming. South Hadley, MA: Bergin and Garvey.
Nicolaus, Martin. (1968). “The Unknown Marx.” New Left Review 48 (March/ April): 41–61.
Oakley, Allen. (1984). Marx’s Critique of Political Economy: Intellectual Sources and Evolution, 2 vols. London: Routledge and Kegan Paul.
Oilman, Bertell. (1976). Alienation: Marx’s Conception of Man in Capitalist Society. New York: Cambridge.
Resnick, Stephen, and Wolff, Richard (ed.). (1985). Rethinking Marxism. Brooklyn: Autonomedia.
Sraffa, Piero. (1960). Production of Commodities by Means of Commodities. New York: Cambridge.
Steedman, ian. (1977). Marx after Sraffa. New York: Cambridge.
Tucker, Robert C. (1969). The Marxian Revolutionary Idea. New York: Norton. Wolff, Richard D., Roberts, Bruce, and Callari, Antonino. (1982). “Marx’s (not Ricardo’s) ‘Transformation Problem’: A Radical Re-Conceptualization. “History of Political Economy 14 (4):564–582.
Editor information
Rights and permissions
Copyright information
© 1988 Springer Science+Business Media New York
About this chapter
Cite this chapter
Callari, A. (1988). Some Developments in Marxian Theory Since Schumpeter. In: Thweatt, W.O. (eds) Classical Political Economy. Recent Economic Thought, vol 14. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-7782-3_7
Download citation
DOI: https://doi.org/10.1007/978-94-015-7782-3_7
Publisher Name: Springer, Dordrecht
Print ISBN: 978-90-481-5815-7
Online ISBN: 978-94-015-7782-3
eBook Packages: Springer Book Archive