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‘Was I.I.Rubin a ‘Rubinist’? – S.Mavroudeas at MAEF-IPEC 2023, 7-9 June 2023, Moscow

Summary:
The V Moscow Academic Economic Forum (2023 MAEF) was held on 7-8 June 2023, organised by the Russian Academy of Sciences (RAS), the Russian Free Economic Society (VEO of Russia) and the International Union of Economists (IUE) Part of the Forum was the VII International Political Economy Congress (IPEC-2023), that took place at the Faculty of Economics of Lomonosov Moscow State University S.Mavroudeas (Panteion University, Dept. of Social Policy) was invited speaker in the Forum. He presented a paper titled ‘Was I.I.Rubin a ‘Rubinist’? – Failures of the value-form and Neue Marx Lekture approaches’ The paper’s summary is the following: Abstract I.I.Rubin’s Essays on Marx’s Theory of Value played a crucial role in the 1970s Value Debate between Marxist and

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The V Moscow Academic Economic Forum (2023 MAEF) was held on 7-8 June 2023, organised by the Russian Academy of Sciences (RAS), the Russian Free Economic Society (VEO of Russia) and the International Union of Economists (IUE)

‘Was I.I.Rubin a ‘Rubinist’? – S.Mavroudeas at MAEF-IPEC 2023, 7-9 June 2023, Moscow

Part of the Forum was the VII International Political Economy Congress (IPEC-2023), that took place at the Faculty of Economics of Lomonosov Moscow State University

‘Was I.I.Rubin a ‘Rubinist’? – S.Mavroudeas at MAEF-IPEC 2023, 7-9 June 2023, Moscow

S.Mavroudeas (Panteion University, Dept. of Social Policy) was invited speaker in the Forum.

He presented a paper titled ‘Was I.I.Rubin a ‘Rubinist’? – Failures of the value-form and Neue Marx Lekture approaches’

‘Was I.I.Rubin a ‘Rubinist’? – S.Mavroudeas at MAEF-IPEC 2023, 7-9 June 2023, Moscow

The paper’s summary is the following:

Abstract

I.I.Rubin’s Essays on Marx’s Theory of Value played a crucial role in the 1970s Value Debate between Marxist and neo-Ricardians as it gave inspiration and support to the Marxist argument about the social dimension of the political-economic analysis and also about the difference between Marx’s and Ricardo’s Labour Theory of Value. However, the subsequent ‘Rubinists’ overemphasized the social dimension and neglected the technical dimension of value. This led to a theory of form without content by identifying immediately value with money and thus abandoning labour values and substituting them with monetary prices. The old ‘Rubinists’ betrayed both Marx and Rubin as the latter never ascribed to their fallacies. Nowadays, a new stream of ‘Rubinists’ (e.g., the proponents of a monetary theory of value) appear that again identify immediately labour values with money and thus also make labour values redundant. This paper argues that the new ‘Rubinists’ betray also both Marx and Rubin and, moreover, fail to understand the essential working of the capitalist economy.

‘Was I.I.Rubin a ‘Rubinist’? – S.Mavroudeas at MAEF-IPEC 2023, 7-9 June 2023, Moscow
‘Was I.I.Rubin a ‘Rubinist’? – S.Mavroudeas at MAEF-IPEC 2023, 7-9 June 2023, Moscow
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Stavros Mavroudeas
He is currently Professor of Political Economy at the Department of Social Policy of Panteion University. He was previously Professor of Political Economy at the Department of Economics of the University of Macedonia. He studied at the Economics Department of the National Kapodistriakon University of Athens, from where he received his BA Economics (1985 - First Class Honours).

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