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Money And Totality : A Macro-Monetary Interpretation of Marx's Logic in Capital and the End of the 'Transformation Problem'

By: (Edited by) Fred Moseley

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Ksh 6,300.00

Format: Paperback / Softback

ISBN-10: 1608466949

ISBN-13: 9781608466948

Series: Historical Materialism

Publisher: Haymarket Books

Imprint: Haymarket Books

Country of Manufacture: US

Country of Publication: GB

Publication Date: Feb 21st, 2017

Print length: 420 Pages

Weight: 668 grams

Dimensions (height x width x thickness): 15.50 x 22.90 x 3.30 cms

Product Classification: Marxism & Communism

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Correcting a longstanding misinterpretation, Moseley argues that there is no ?transformation problem’ in Marx’s economic theory.
This ambitious book presents a comprehensive new ''macro-monetary'' interpretation of Marx’s logical method in Capital which emphasizes two points: (1) Marx’s theory is primarily a macroeconomic theory of the total surplus-value produced in the economy as a whole; and (2) Marx’s theory is a monetary theory and the circuit of money capital–''M-C-M’– is its logical framework.

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