Radical Political Economy: Sraffa Versus Marx
| Author | : | |
| Rating | : | 4.48 (561 Votes) |
| Asin | : | B073FNHL39 |
| Format Type | : | |
| Number of Pages | : | 374 Pages |
| Publish Date | : | 2018-01-08 |
| Language | : | English |
DESCRIPTION:
In a detailed, profound and highly readable investigation he expounds the analytical fecundity of the modern classical approach. Building on the work of the iconoclastic economist Piero Sraffa, Hahnel develops a novel analytical basis for addressing some of the most important economic challenges of the modern era, notably the mounting ecological crisis and the moral injustice of capitalism.’ Thomas Weisskopf, Professor Emeritus of Economics, University of Michigan, Ann Arbor, Co-author with Samuel Bowles and David Gordon of Beyond the Wasteland (1983), and After the Wasteland (1991). &
Robin Hahnel is Professor Emeritus at the Department of Economics, American University Washington DC, USA. He is also the Co-Director of Economics for Equity and the Environment and has published widely in the fields of radical political economy and environmental economics.
Both Marxian and Sraffian theories are presented in a highly accessible way, while large professional literatures are thoroughly referenced throughout.Marx was not the first, but remains the greatest, critic of capitalism, and richly deserves his place in history. People have had to choose between (1) continuing to use a formal model based on the labor theory of value as Marx developed in Capital to justify and retain one’s opposition to capitalism, or (2) abandoning the formal Marxian framework as outdated, and risk losing a critical evaluation of capitalism. They explain how the Sraffian t