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Marx, Karl Heinrich (1818–1883)

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Abstract

This article summarizes the methodology and economics of Karl Marx. After a brief account of his life, it deals with his historical materialism, and then his labour theory of value, his theories of rent, money, surplus value, and crises, his account of the laws of motion of the capitalism mode of production, and his and Engels’s conception of the economy of post-capitalist societies.

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Bibliography

  • There are innumerable books and articles devoted to comments or elaborations on Marx’s economic thought, or which criticize them. We list here those works we refer to in the above text, as well as those we consider the most important ones (based, needless to say, upon subjective judgement).

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  • Rosdolsky, R. 1968. Entstehungsgeschichte des Marxschen ‘Kapital’. Frankfurt am Main: Europäische Verlagsanstalt. Trans. P. Burgess as The Making of Marx’s Capital. London: Pluto Press, 1977.

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  • Sraffa, D. 1960. Production of commodities by means of commodities. Cambridge: Cambridge University Press.

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Bibliographic Addendum

  • Foley, D. 1986. Understanding capital: Marx’s economic theory. Cambridge, MA: Harvard University Press.

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  • Roemer, J. 1981. Analytical foundations of Marxian economic theory. Cambridge: Cambridge University Press.

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  • Roemer, J. 1988. Free to Lose: An introduction to Marxist economic philosophy. London: Radius.

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  • Outside of economics, important studies include:

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  • Buchanan, A. 1982. Marx and justice. Totowa, NJ: Rowan and Allanhead.

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  • Carver, T. 1998. The post-modern Marx. Manchester: Manchester University Press.

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  • Cohen, G.A. 1988. History, labour, and freedom: Themes from Marx. Oxford: Oxford University Press.

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  • Cohen, G.A. 2000. Karl Marx’s theory of history: A defence, 2nd edn. Oxford: Clarendon Press.

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  • Elster, J. 1985. Making sense of Marx. Cambridge: Cambridge University Press.

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  • Kain, P. 1989. Marx and ethics. Oxford: Oxford University Press.

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  • Roemer, J., ed. 1986. Analytical Marxism. Cambridge: Cambridge University Press.

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  • Rockmore, T. 2002. Marx After Marxism. Oxford: Basil Blackwell.

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  • Van den Berg, A. 1989. The immanent Utopia: From Marxism on the state to the state of Marxism. Princeton: Princeton University Press.

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  • Wolff, J. 2002. Why read Marx today? Oxford: Oxford University Press.

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  • Wood, A. 2004. Karl Marx, 2nd edn. London: Routledge.

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  • All of these are complemented by what remains a classic short introduction to Marx’s ideas:

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  • Berlin, I. 1985. Karl Marx, 4th edn. Oxford: Oxford University Press.

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  • as well as the standard biography of Marx:

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  • McLellan, D. 1996. Karl Marx: A biography, 3rd revised edn. London: Palgrave Macmillan.

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  • Finally,

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  • Bottomore, T., ed. 1983. A dictionary of Marxist thought. Cambridge, MA: Harvard University Press.

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  • is helpful both as a survey and as a mechanism for overcoming language differences between Marxist approaches and others.

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Authors and Affiliations

  1. http://link.springer.com/referencework/10.1057/978-1-349-95121-5

    Ernest Mandel

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  1. Ernest Mandel
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Mandel, E. (2018). Marx, Karl Heinrich (1818–1883). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1019

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