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- DescriptionOne of the fruits of the revival of socialist ecomic theory over the past decade has been a wide-ranging debate about the validity of Marx's labour theory of value. At the heart of the discussion stands the theoretical work of Piero Sraffa and the conclusions drawn from it by such ecomists as Ian Steedman. Initially confined to a relatively narrow circle of specialists, the controversy about value theory has since spread to wider circles of the left. But although general awareness that the stakes of the dispute are of concern to all socialists is w extensive, understanding of the issues involved has remained more restricted than need be. This volume presents, for the first time, a comprehensive yet accessible overview of the discussion. The essays discuss t only the value debate itself, but also its relevance to such issues as capitalist crisis, the theory of exploitation, and historical materialism. Comprehensible to the n-specialist, but without sacrificing rigour or oversimplifying the issues, the articles assembled here offer a definitive summary of the current state of one of the crucial aspects of Marxist thought.
- Author BiographyErik Olin Wright is Vilas Distinguished Professor of Sociology at the University of Wisconsin. He is the author of many books, including Classes, Interrogating Inequality, Class Counts, Deepening Democracy (with Archon Fung), and Envisioning Real Utopias. For more information on Envisioning Real Utopias and the Real Utopias project, and to access book content, please visit realutopias.org (site in progress).
- Author(s)Ian Steedman,etc.
- PublisherVerso Books
- Date of Publication01/09/1987
- SubjectPolitics: General & Reference
- Place of PublicationLondon
- Country of PublicationUnited Kingdom
- ImprintVerso Books
- Out-of-print date11/04/1995
- Content Note17d.
- Weight322 g
- Width140 mm
- Height220 mm
- Spine17 mm
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