This second volume of the highly successful,
A History of Marxian Economics, covers the period from 1929 to the present. The main debates and themes of this period are the Great Depression and Stalinism, the Long Boom and its Demise, New Theories of Imperialism, Value and Exploitation, and Current Controversies. As with the first volume Michael Howard and John King have written an authoritative and stimulating account of the history of Marxian Economics over this period.
Introduction: The Problems of Marxian Economics
PART 1 THE GREAT DEPRESSION AND STALINISM
Marxian Economists and the Great Depression
The Political Economy of Stalin
The Soviet Mode of Production
PART 2 THE LONG BOOM AND ITS DEMISE
'Has Capitalism Changed?'
Marx and Keynes Monopoly Capital
The 'Falling Rate of Profit'
The Permanent Arms Economy
PART 3 NEW THEORIES OF IMPERIALISM
Capitalism as a World System
Dependence and Underdevelopment
Unequal Exchange and the International Division of Labour
PART 4 VALUE AND EXPLOITATION
The Transformation Problem Before Sraffa
Sraffa and Marxian Theory
The Transformation Problem After Sraffa
Marxism and Surplus Economics
PART 5 CURRENT CONTROVERSIES
The New Slump Rational Choice Marxism
The Economics of Feasible Socialism
Conclusion: Marxian Economics in Prospect and Retrospect.