Marx and Non-equilibrium Economics

Edited by Alan Freeman, former Lecturer in Economics, University of Greenwich, UK and Guglielmo Carchedi, Adjunct Professor, York University, Toronto, Canada

This new volume develops a rigorous equilibrium-free political economy based on labour values. Rooted in a non-dualistic approach restoring money to its central role in a commodity economy, Marx and Non-Equilibrium Economics is the fruit of extensive international collaboration reflecting a profound critical reappraisal of Marx’s theoretical work and its relation to modern economics.

‘This volume deserves the attention of Marxist economists because, despite the considerable diversity of the contributors, these essays put forward a more or less unified version of Marxian value theory that offers unconventional and creatively new insights.’
– Bruce Roberts, Science and Society

‘. . . this volume represents a significant contribution to the rejuvenation of Marxist Value theory. The views expressed in it are novel and thought-provoking. . .’
– Stavros Mavroudeas, Capital and Class

‘This provocative collection has a definite “attitude”; no reader will fail to note the authors’ intention to claim a place at the table where Marx and value theory are debated. And one need not endorse their arguments in every particular to agree that that place is deserved. This volume deserves the attention of Marxist economists because, despite the considerable diversity of the contributors, these essays put forward a more or less unified vision of Marxian value theory that offers unconventional and creatively new insights.’
– Bruce Roberts, Science and Society

‘I was pleasantly surprised to find a fresh, frank defense of Marx’s explanation of what moved capitalism and why. The contributors argue, in their treatments of several different issues, that Marx’s analysis of capitalism is not logically unsound as claimed by his critics. Instead, the logical deficiency arises only when Marx’s analysis is forced into a general equilibrium framework of simultaneous equations in which markets instantly clears and Say’s Law holds. . . this collection is a good read.’
– W.M. Dugger, Southern Economic Journal

这本书的贡献to the reading of Marx’s theory of value are solid and considerable.’
– Duncan Foley, Eastern Economic Journal












‘. . . a provocative book.’
– John E. King, Economic Record

‘This volume will be of interest to graduate students and faculty.’
– A. Balinky, Choice