Marx develops his economic theory in Capital in a rather peculiar way. This paper focuses on some of these peculiarities, especially his attempt to base his account of prices and derivative entities ...

One of the most common phrases to be heard from those on “the left” is the assertion that someone or some public policy is or is not on “the right side of history.” It has almost become a mantra by ...

Though it may seem strange, Karl Marx was not always a communist. As late as 1842, when Marx was in his mid-20s, he actually said he opposed any attempt to establish a communist system. In October ...

Marxian economics, derived from Karl Marx's seminal works, critiques capitalism's treatment of labor, arguing that it exploits workers and undervalues their contributions. This school of thought ...

In Greece, the Potato Movement demonstrates that people hit hard by the recession are employing the Labour Theory of Value professed by theorists such as Karl Marx to reignite their economy. Since the ...

Alan Maass explains how Karl Marx is proving to be as relevant as ever in explaining the chaos of capitalism--and the vast and growing chasm between rich and poor. ONCE AGAIN, Karl Marx and his ...

Karl Marx has returned, if not quite from the grave then from history’s dustbin. German Finance Minister Peer Steinbrück recently said that Marx’s answers "may not be irrelevant" to today’s problems.

Theories of crisis have always been intensely political. Different views of capitalist development and breakdown have always shaped, and been shaped by, political strategies. In the early and ...