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The Elgar Companion to Marxist Economics .pdf


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The Elgar Companion to Marxist Economics

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The Elgar Companion to
Marxist Economics
Edited by

Ben Fine
Professor of Economics, SOAS, University of London, UK

Alfredo Saad Filho
Professor of Political Economy, SOAS, University of London, UK
with editorial assistance from

Marco Boffo
PhD Candidate, SOAS, University of London, UK

Edward Elgar

Cheltenham, UK • Northampton, MA, USA

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© Ben Fine and Alfredo Saad Filho 2012
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or
transmitted in any form or by any means, electronic, mechanical or photocopying, recording, or
otherwise without the prior permission of the publisher.
Published by
Edward Elgar Publishing Limited
The Lypiatts
15 Lansdown Road
Cheltenham
Glos GL50 2JA
UK
Edward Elgar Publishing, Inc.
William Pratt House
9 Dewey Court
Northampton
Massachusetts 01060
USA

A catalogue record for this book
is available from the British Library
Library of Congress Control Number: 2011932881

ISBN 978 1 84844 537 6 (cased)
Typeset by Servis Filmsetting Ltd, Stockport, Cheshire
Printed and bound by MPG Books Group, UK

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Contents
ix
xiii

List of contributors
Acknowledgements
Introduction
Ben Fine and Alfredo Saad Filho
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

1

Accumulation of capital
Paul Zarembka
The agrarian question and the peasantry
Terence J. Byres
Analytical Marxism
Marco Boffo
Anthropology
Keith Hart
Capital
Jayati Ghosh
Capitalism
Ellen Meiksins Wood
Centrally planned economy
Dic Lo and Yu Zhang
Class and class struggle
Utsa Patnaik
Classical political economy
Hugh Goodacre
Combined and uneven development
Sam Ashman
Commodification and commodity fetishism
Robert Albritton
Competition
Paresh Chattopadhyay
Consumerism
Paula Cerni
Contemporary capitalism
Greg Albo
Crisis theory
Simon Clarke
Dependency theory
John Weeks

5
10
16
22
28
34
40
47
53
60
66
72
78
84
90
96

v

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vi

17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38

The Elgar companion to Marxist economics

Ecology and the environment
Barbara Harriss-White
Economic reproduction and the circuits of capital
Ben Fine
Exploitation and surplus value
Ben Fine
Feminist economics
Radhika Balakrishnan and Savitri Bisnath
Feudalism
George C. Comninel
Finance, finance capital and financialization
Thomas Marois
Friedrich Engels
Paresh Chattopadhyay
Geography
Erik Swyngedouw
Global commodity chains and global value chains
Susan Newman
Globalization and imperialism
Ray Kiely
International political economy
Alejandro Colás
Karl Marx
Lucia Pradella
Knowledge economy
Heesang Jeon
Labour, labour power and the division of labour
Bruno Tinel
Labour theory of value
Ben Fine
Market socialism
Makoto Itoh
Marx and underdevelopment
Mauro Di Meglio and Pietro Masina
Marxism and history
George C. Comninel
Method of political economy
Branwen Gruffydd-Jones
Mode of production
Jairus Banaji
Money
Paulo L. dos Santos
Neoliberalism
Gérard Duménil and Dominique Lévy

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102
111
118
125
131
138
144
149
155
162
168
174
180
187
194
200
206
212
220
227
233
240

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Contents

39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60

Neoclassical economics
Dimitris Milonakis
Neo-Ricardianism
Sungur Savran
New technology and the ‘new economy’
Tony Smith
Political science
Alison J. Ayers
Population and migration
Deborah Johnston
Productive and unproductive labour
Simon Mohun
Race
Alfred Zack-Williams
Radical political economy in the USA
Al Campbell
The rate of profit
Simon Mohun
The regulation approach
Stavros D. Mavroudeas
Rent and landed property
Erik Swyngedouw
The Social Structures of Accumulation approach
Stavros D. Mavroudeas
Socialism, communism and revolution
Al Campbell
Sociology
Alberto Toscano
The state
Bob Jessop
‘Transformation problem’
Alfredo Saad Filho
The transition from feudalism to capitalism
David Laibman
Transnational corporations
Hugo Radice
Unemployment
Gary Slater
Value-form approach
Samuel Knafo
Vladimir I. Lenin
Prabhat Patnaik
The welfare state
Daniel Ankarloo

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vii

246
252
259
265
272
277
283
289
295
304
310
316
321
327
333
341
348
354
360
367
373
379

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viii

61

The Elgar companion to Marxist economics

World economy
Gong Hoe-Gimm

References
Index

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384
389
409

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Contributors
Greg Albo is Associate Professor of Political Science, York University, Canada.
Robert Albritton is Professor Emeritus, Department of Political Science, York University,
Canada.
Daniel Ankarloo is Senior Lecturer of Social Work and Social Policy, Department of
Health and Society, Malmö University, Sweden.
Sam Ashman is Post-Doctoral Research Fellow, University of Johannesburg, and Visiting
Senior Researcher, University of the Witwatersrand, South Africa.
Alison J. Ayers is Assistant Professor, Departments of Political Science, Sociology and
Anthropology, Simon Fraser University, Canada.
Radhika Balakrishnan is Professor of Women’s and Gender Studies, Rutgers, The State
University of New Jersey, United States of America.
Jairus Banaji is Professorial Research Associate, Department of Development Studies,
School of Oriental and African Studies, University of London, United Kingdom.
Savitri Bisnath is Senior Policy Advisor for the Center for Women’s Global Leadership,
Rutgers University, United States of America.
Marco Boffo is a PhD Candidate in Economics, School of Oriental and African Studies,
University of London, United Kingdom.
Terence J. Byres is Emeritus Professor of Political Economy, School of Oriental and
African Studies, University of London, United Kingdom.
Al Campbell is Professor Emeritus of Economics, University of Utah, United States of
America.
Paula Cerni MPhil, University of Sussex, United Kingdom, is an independent writer and
a foreign languages teacher in the United States.
Paresh Chattopadhyay is Professor of Political Economy, Faculty of Human Sciences,
University of Québec, Montreal, Canada.
Simon Clarke is Emeritus Professor of Sociology, University of Warwick, United
Kingdom.
Alejandro Colás is Senior Lecturer in International Politics, Birkbeck College, University
of London, United Kingdom.
George C. Comninel is Associate Professor and Chair of the Department of Political
Science at York University, Canada.
ix

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