The three essays here presented have been selected and translated from the economic-philosophical manuscripts written by Marx in 1844 and collected in the Marx-Engels Gesamtausgabe, Bd. 1, Abt. 3 ...
Though it may seem strange, Karl Marx was not always a communist. As late as 1842, when Marx was in his mid-20s, he actually said he opposed any attempt to establish a communist system. In October ...
Paul Mattick, Business As Usual: The Economic Crisis and the Failure of Capitalism. London: Reaktion Books, 2011. David McNally, Global Slump: The Economics and Politics of Crisis and Resistance.
Karl Marx’s economic theory is founded on the labour theory of value. In Marx’s Theory of Value at the Frontiers, Güney Işıkara and Patrick Mokre make a valuable contribution to Marxist economics, ...
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Carl Menger: The man who shattered Marx, mentored a prince, and rewrote capitalism’s rulebook
In 1867, Europe’s intellectual elite was captivated by Marx’s Das Kapital. Meanwhile, no one had heard of 31-year-old Carl Menger, a modest Austrian bureaucrat. But when his work appeared in 1871, it ...
The economic theories of both Karl Marx and Arthur Laffer are largely considered incorrect by mainstream economists. Laffer's theory, known as the Laffer Curve, incorrectly predicted that tax cuts ...
The argument unfolding today in the United States between free traders and protectionists is nothing new, in kind or intensity. Long before President Trump called for tariffs to halt the departure of ...
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