Fred Moseley Libri

The book offers a detailed commentary on the first seven chapters of Marx's Capital, particularly focusing on the pivotal and contentious Chapter 1. It highlights the value-form interpretation, championed by Michael Heinrich, which examines how the magnitude of value and socially necessary labor-time are influenced by both production and exchange dynamics. This English translation is significant for advancing Marxian scholarship and encourages critical engagement with foundational concepts in Marx's theory.

This book provides a contemporary assessment of Marx's theory of money. This theory is often praised as one of Marx's greatest achievements, especially when compared with either classical or neoclassical economics. On the other hand, Marx's theory of money has also been severely criticized, especially that it seems to require that money be a produced commodity. The contributors to the volume provide a wide-ranging and in-depth appraisal of the strengths and weaknesses of Marx's theory of money, compared to other theories of money.

The contributors to this stimulating collection of thoughtful essays examine the philosophical principles and logical structure underlying Marx's economic theory in Capital. The essays deal with many methodological issues including: the meaning of dialectic logic, the relation between Marx and Hegel, the historical specificity of Marx's concepts, the emphasis on social forms, the commodity as the starting point of Capital, the theory of money, the distinction between capital in general and competition, and Marx's critique of bourgeois economics.

Explores the unexamined question of the logical method employed by Marx in the construction of his economic theory in Capital.