Marx's Theory of Value in Chapter 1 of Capital

A Critique of Heinrich's Value-Form Interpretation
1. Auflage 2023
ISBN: 978-3-031-13209-4
Verlag: Springer International Publishing

Buch, Englisch, 167 Seiten, Format (B × H): 153 mm x 216 mm, Gewicht: 378 g

Reihe: Marx, Engels, and Marxisms

Chapter 1 is the most important chapter in Capital, as well as the most difficult and the most controversial. An influential interpretation of Chapter 1 in recent decades has been the so-called “value-form interpretation” of Marx’s theory in general and Chapter 1 in particular. The most important proponent of the value-form interpretation today, both in Germany and in the English-speaking world, is Michael Heinrich, and Heinrich’s work has emphasized the first chapter. Heinrich’s latest book in English is a detailed commentary of the first seven chapters of Volume 1 of Capital. The publication of an English translation of Heinrich’s book is an important event in Marxian scholarship and it is important to critically engage with this important book in order to advance our understanding of this critical foundational chapter. This book emphasizes the quantitative issue of whether the magnitude of value and socially necessary labour-timeare determined in production or also depend on exchange and demand, which has been the main issue in the controversy over the value-form interpretation.

Zielgruppe

Research

Autoren/Hrsg.

Moseley, Fred

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftssysteme, Wirtschaftsstrukturen
• Sozialwissenschaften Politikwissenschaft Politikwissenschaft Allgemein Politische Theorie, Politische Philosophie
• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Geisteswissenschaften Philosophie Sozialphilosophie, Politische Philosophie

Inhaltsverzeichnis

Preface.- Chapter 1: Marx’s Theory of The Commodity in Chapter 1 of Capital.- Chapter 2: Critique of Heinrich’s Value-Form Interpretation of Chapter 1 of Capital.- Chapter 3: Ergänzungen und Veränderungen (Additions and Changes): The Value Form Arises From the Value-Concept.- General Conclusions

Über Autor(innen)

Fred Moseley is Emeritus Professor of Economics at Mount Holyoke College, USA, and author of Money and Totality (2016).