Abstract
By Marxist economics we mean the work of those later economists who based their methodology and approach on the work of Karl Marx. Excluded from discussion here is the enormous body of exegetical literature seeking to amplify the genesis of and development of Marx’s own thinking (Rosdolsky 1968). Before discussing three areas where the contribution of Marxists has been most striking and important, it is helpful to bear in mind certain general features of their approach which could be said to separate them off from other traditions in economic theory.
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
Bibliography
Aglietta, M. 1979. A theory of capitalist regulation. London: New Left Books.
Armstrong, P., A. Glyn, and J. Harrison. 1984. Capitalism since world war II. London: Fontana.
Baran, P., and P. Sweezy. 1966. Monopoly capital. New York: Monthly Review Press.
Böhm-Bawerk, E. [1896]. 1948. Karl Marx and the close of his system, ed. P. Sweezy. New York: Kelly. (First published in German.)
Bortkiewicz, L. 1906. On the correction of Marx’s fundamental theoretical construction in the third volume of Capital. In Böhm-Bawerk, (1948). (First published in German.)
Bowles, S. 1985. The production process in a competitive economy. American Economic Review 75(2): 16–36.
Bowles, S., D. Gordon, and T. Weisskopf. 1983. Beyond the waste-land. New York: Anchor Press.
Boyer, M. 1979. Wage formation in historical perspective: The French experience. Cambridge Journal of Economics 3(2): 99–118.
Braverman, H. 1972. Labor and monopoly capital. New York: Monthly Review Press.
Bukharin, N. 1924. In Imperialism and the accumulation of capital, ed. K. Tarbuck. London: Allen Lane, 1972. (First published in German.).
Dobb, M. 1937. Political economy and capitalism. London: Routledge & Kegan Paul.
Edwards, R. 1979. Contested terrain. London: Heinemann.
Fine, B., and L. Harris. 1978. Rereading capital. London: Macmillan.
Gillman, J. 1957. The falling rate of profit. London: Dobson.
Glyn, A., and B. Sutcliffe. 1972. British capitalism, workers and the profit squeeze. Harmondsworth: Penguin.
Gough, I. 1979. The political economy of the welfare state. London: Macmillan.
Hilferding, R. 1910. Finance capital. London: Routledge & Kegan Paul, 1981. (First published in German.).
Himmelweit, S., and S. Mohun. 1981. Real abstractions and anomalous assumptions. In The value controversy, ed. I. Steedman et al. London: Verso.
Itoh, M. 1980. Value and crisis. London: Pluto Press.
Kalecki, M. 1971. Selected essays on the dynamics of the capitalist economies. Cambridge: Cambridge University Press.
King, J. 1982. Value and exploitation: Some recent debates. In Classical and Marxian political economy, ed. I. Bradley and J. Howard. London: Macmillan.
Luxemburg, R. 1913. The accumulation of capital. London: Routledge & Kegan Paul, 1951, (First published in German.).
Mandel, E. 1962. Marxist economic theory. London: Merlin.
Mandel, E. 1975. Late capitalism. London: New Left Books.
Marglin, S. 1984. Growth, distribution and prices. Cambridge, MA: Harvard University Press.
Medio, A. 1972. Profits and surplus value. In A critique of economic theory, ed. E. Hunt and J. Schwartz. Harmondsworth: Penguin.
Morishima, M. 1973. Marx’s economics. Cambridge: Cambridge University Press.
O’Connor, J. 1973. The fiscal crisis of the state. New York: St Martin’s Press.
Okishio, N. 1961. Technical change and the rate of profit. Kobe University Economic Review 7: 85–99.
van Parijs, P. 1980. The falling-rate of profit theory of crisis. Review of Radical Political Economics 12(1): 1–16.
Robinson, J. 1942. An essay on Marxian economics. London: Macmillan.
Rosdolsky, R. 1968. The making of Marx’s capital. London: Pluto Press, 1977. (First published in German.).
Rowthorn, R. 1980. Capitalism, conflict and inflation. London: Lawrence & Wishart.
Rubin, I. 1928. Essays on Marx’s theory of value. Detroit: Black & Red, 1972. (First published in Russian.).
Samuelson, P. 1971. Understanding the Marxian notion of exploitation. Journal of Economic Literature 9: 399–431.
Sen, A. 1978. On the labour theory of value. Cambridge Journal of Economics 2: 175–180.
Seton, F. 1957. The transformation problem. Review of Economic Studies 24: 149–160.
Shaikh, A. 1978. Political economy and capitalism. Cambridge Journal of Economics 2(2): 232–251.
Shaikh, A. 1981. The poverty of algebra. In The value controversy, ed. I. Steedman et al. London: Verso.
Sraffa, P. 1960. Production of commodities by means of commodities. Cambridge: Cambridge University Press.
Steedman, I. 1977. Marx after Sraffa. London: New Left Books.
Steindl, J. 1952. Maturity and stagnation in American capitalism. Oxford: Blackwell.
Sweezy, P. 1942. The theory of capitalist development. New York: Monthly Review Press.
de Vroey, M. 1984. A regulation approach interpretation of the contemporary crisis. Capital and Class 23: 45–66.
Willman, P., and G. Winch. 1985. Innovation and management control. Cambridge: Cambridge University Press.
Woolf, E. 1979. The rate of surplus value, the organic composition of capital and the general rate of profit in the US economy 1947–67. American Economic Review 69(3): 329–341.
Author information
Authors and Affiliations
Editor information
Copyright information
© 2018 Macmillan Publishers Ltd.
About this entry
Cite this entry
Glyn, A. (2018). Marxist Economics. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1135
Download citation
DOI: https://doi.org/10.1057/978-1-349-95189-5_1135
Published:
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
eBook Packages: Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences