Marx’s Abstract Theory of Value and Money in Chapter 1 of Capital

The Value of Marx’s Capital

Fred Moseley is Professor Emeritus of Economics at Mount Holyoke College.  He has published extensively on Marxian theory and Marxian analysis of the US economy. His latest book is Money and Totality: A Macro-Monetary Interpretation of Marx’s Logic in “Capital” and the End of the Transformation Problem (2016). He also edited and wrote the introductions to the English translation of Marx’s Economic Manuscript of 1864–65  and to an excerpt from Marx’s Manuscript of 1867–68. He is a long-time member of the Union for Radical Political Economics and served as Program Director for URPE sessions at the Annual Convention of the American Economic Association from 2005 to 2015.
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Pre-circulated paper by Fred Moseley