Use-Value and Exchange-Value … and Value

Andrew Kliman, Professor Emeritus of Economics at Pace University, is the author of Reclaiming Marx’s “Capital”: A Refutation of the Myth of Inconsistency (2006) and The Failure of Capitalist Production: Underlying Causes of the Great Recession (2011). His research on value theory, economic crisis theory, and other topics has appeared in numerous journals and book collections. He works with the Marxist-Humanist Initiative and is cohost (with Brendan Cooney) of Radio Free Humanity: The Marxist-Humanist Podcast, which appears biweekly.