Tag Archives: Marx

Frederick Engels: The First Marxist?[embedded content] The 2023 World Association of Political Economy (WAPE) Forum took place in Pingtan city (Fudgian province, China). In this forum I presented a paper titled ‘Once Again On The Alledged Differences Between Marx and Engels’. The paper confronts the attacks by many older and newer anti-Engelsionists (prominent among them M.Heinrich and D.Harvey) against Engels and it refutes their allegations that (a) Engels has falsified Marx’s...

My paper, in Italian, which was a modified version of a talk last year, has been published in Moneta e Credito, and is available for download here.

Marx’s “most realistic… most amazing insight!” In his farewell lecture at Brandeis University, “Obsolescence of Socialism,” Herbert Marcuse quoted a passage from the Grundrisse and claimed that in Capital, Marx had “repressed this vision, which now appears as his most realistic, his most amazing insight!” As large-scale industry advances, the creation of real wealth depends increasingly less on the labor time and the quantity of labor expended...

Giancarlo de Vivo suggests that the Sraffian equations come from Marx's schemes of reproduction, and that the inspiration was in a footnote from the editor, Karl Kautsky, in the Theories of Suplus Value. Here a letter from Maurice Dobb and Piero Sraffa to Kautsky, from 1929, asking to use his edition as the basis for an English translation (originals in Kautsky's archives):De Vivo's views are discussed in a book edited by Massimo Pivetti, which is certainly worth reading (I have the Spanish...

EconoSpeak: Socially Ambivalent Labour Time VII: Capital volume 1, chapters one and three. Sandwichman, July 30, 2021 Afterword to the Second German Edition [of Das Kapital, Buch 1] (1873): I must start by informing the readers of the first edition about the alterations made in the second edition. One is struck at once by the clearer arrangement of the book. Additional notes are everywhere marked as notes to the second edition. The following...

Published by Sage Journals Abstract Marx and many of his less radical contemporary reformers saw the historical role of industrial capitalism as being to clear away the legacy of feudalism—the landlords, bankers, and monopolists extracting economic rent without producing real value. However, that reform movement failed. Today, the finance, insurance, and real estate (FIRE) sector has regained control of government, creating neo-rentier economies. The aim of this...

The Revista Nueva Realidad organised on 12-6-2021 a webinar. It theme was ‘Basics of Marxist Economics: Marx’s Law of Value’. Michael Roberts (economist), Abelardo Marina Flores (prof. of Economics, Autonomous Metropolitan University) and Stavros Mavroudeas (prof. of Political Economy, Panteion University) gave the seminar. My presentation follows below: [embedded content] View this document on Scribd The video recording of the webinar can be assesed via the...

I finished Branko Milanovic's thought provoking Capitalism Alone this summer. But I haven't had much time to write on the blog, as you might have noticed. This is certainly not a review, and I would definitely suggest that you go and buy the book as soon as you can and read it. It is a serious discussion of the future of capitalism, that word that, as Heilbroner often reminded us, was at the center of the discipline, but seldom discussed openly by economists. He cited, if memory doesn't fail...

 With a minimum of editing or preface, I am reposting this one from February 2009. Next year will be the bicentennial of the publication this astonishing but undeservedly obscure pamphlet. One "event" that I am conducting to celebrate the anniversary is posting of around 65 questions that I have mined from the text. I hope that there will be others but that sort of depends on gathering a critical mass of audience.  How is it that notwithstanding the unbounded extent of our capital, the...

Human Geography First Published July 8, 2020 Research Article https://doi.org/10.1177/1942778620937123 Friedrich Engels and his contribution to Marxism Stavros Mavroudeas Professor (Political Economy) Dept. of Social Policy Panteion University e-mail: [email protected] Abstract The 200th anniversary of the birth of F.Engels comes at a time when his contribution to Marxism is being disputed by Neue Lekture and Sraffian authors, based on the alleged discovery of him having...