Chapter

Socialist Economic Thought and Marx

Ernesto Screpanti and Stefano Zamagni

in An Outline of the History of Economic Thought

Second edition

Published in print May 2005 | ISBN: 9780199279142
Published online October 2005 | e-ISBN: 9780191602887 | DOI: http://dx.doi.org/10.1093/0199279144.003.0005
Socialist Economic Thought and Marx

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A novel interpretation of the emergence of Marxian theoretical system, starting from the forerunners of socialist thought. The problem of the transformation of values into production prices is analysed in the light of modern economic theory. The laws of movement of the capitalist economy according to Marx are critically examined.

Keywords: alienation; crises; cycles; exploitation; Ricardian socialists; surplus value; transformation problem

Chapter.  14382 words. 

Subjects: History of Economic Thought

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