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  1. Home
  2. Books
  3. The Economics of Karl Marx
  • Cited by 23
Publisher:
Cambridge University Press
Online publication date:
June 2009
Print publication year:
2008
Online ISBN:
9780511510663
DOI:
https://doi.org/10.1017/CBO9780511510663
Subjects:
Economics, Economic Thought, Philosophy and Methodology, International Economics
Series:
Historical Perspectives on Modern Economics
Information

Book description

Presents an account and technical assessment of Marx's economic analysis in Capital, with particular reference to the transformation and the surplus-value doctrine, the reproduction schemes, the falling real-wage and profit rates, and the trade cycle. The focus is on criticisms that Marx himself might have been expected to face in his day and age. In addition, it offers a chronological study of the evolution of that analysis from the early 1840s through three 'drafts': documents of the late 1840s, the Grundrisse of 1857–1858, and the Economic Manuscripts of 1861–1863. It also provides three studies in application, focusing on Marx's 'evolutionary' orientation in his evaluation of the transition to communism and his rejection of 'egalitarianism' under both capitalist and communist regimes; his evolving perspective on the role of the industrial 'entrepreneur'; and his evolving appreciation of the prospects for welfare reform within capitalism.

Reviews

'This is vintage Hollander: beautifully written, highly opinionated and extremely well researched. It is the culmination of decades of scholarship on classical and post-classical political economy. Many readers will question Hollander's interpretation of Marx as an unsuccessful predecessor of Walras, but few will fail to be stimulated, or provoked, by this book.'

John King - La Trobe University

'For those hoping for an understanding of Marx and Marx’s economics, the long wait is over. Samuel Hollander has delivered a masterpiece. All of the old disturbing puzzles are revealed and resolved: from value and distribution, to the falling rate of profit, growth and cycle and the thorny and infamous transformation problem itself. From cover-to-cover, the care and breadth of exposition, the insight and the scholarship are nothing short of breathtaking. This is truly a major event for economists, social and political scientists and intellectual historians, and no less a landmark achievement in the history of economic thought. All those interested not only in the historical Marx, but also in the true nature and significance of his work to modern economics and present-day concerns (including Marx on equity, the role of the entrepreneur and the process of social reform) will relish at the turn of every page of this wonderful book.'

Tom Kompas - The Australian National University

'The detailed arguments are typically first class, and always well presented. … Historians of economic thought will benefit most, but scholars from other disciplines will also find Samuel Hollander's book to be an excellent reference source.'

Source: Journal of the History of Economic Thought

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Contents

Contents
References
Bibliography
Works by Karl Marx
Paris Notebooks. Comments on James Mill, Élémens d'économie politique. 1844. MECW 3: 211–28.
Economic and Philosophic Manuscripts. 1844. MECW 3: 229–346.
Correspondence. 1844–83. MECW 38–46.
Draft of an Article on Friedrich List's Book Das nationale System der politischen Ökonomie. 1845. MECW 4: 265–93.
The Poverty of Philosophy. An Answer to the “Philosophy of Poverty” by M. Proudhon. 1847. MECW 6: 105–212.
Wages. 1847. MECW 6: 415–37.
Speech on the Question of Free Trade, Brussels. 1848. MECW 6: 450–65.
Wage Labour and Capital. 1849. MECW 9: 197–228.
The Class Struggles in France, 1848 to 1850. 1850. MECW 10: 45–145.
The Eighteenth Brumaire of Louis Bonaparte. 1852. MECW 11: 99–197.
The French Crédit Mobilier. 1856. MECW 15: 8–24.
Project for the Regulation of the Price of Bread in France. 1858. MECW 16: 110–14.
Outlines of the Critique of Political Economy. (Grundrisse der Kritik der Politischen Ökonomie.) 1857–58. MECW 28; 29: 5–251.
A Contribution to the Critique of Political Economy (Part Ⅰ). 1859. MECW 29: 257–417.
Economic Manuscripts. 1861–63. MECW 30–34. Includes “Theories of Surplus Value.” 30: 348–51; 31; 32; 33: 7–371.
Inaugural Address of the Working Men's International Association. 1864. MECW 20: 5–13.
On Proudhon [Open Letter]. 1865. MECW 20: 26–33.
Value, Price and Profit. 1865. MECW 20: 101–49.
Instructions for the Delegates of the Provisional General Council of the International Working Men's Association [Geneva Congress]. 1866. MECW 20: 185–94.
Capital: A Critique of Political Economy 1. 1867. MECW 35.
First Draft of The Civil War in France. 1871. (April-May.) MECW 22: 437–514.
The Civil War in France. Address of the General Council of the International Working Men's Association. 3rd ed. 1871. MECW 22: 307–59.
Interview with The World Correspondent. 1871. MECW 22: 600–6.
Speech on Trade Unions. From minutes of the session of the London Conference of the International Working Men's Association. 1871. MECW 22: 614–15.
Political Indifferentism. 1873. MECW 23: 392–7.
Letter to Wilhelm Bracke, March 18–28, regarding “Critique of the Gotha Programme.” 1875. MECW 24: 77–9.
Critique of the Gotha Programme. Marginal notes on the unity programme of the German Workers' Party. 1875. MECW 24: 81–99.
Preamble to the Programme of the French Workers' Party. 1880. MECW 24: 340–1.
Capital: A Critique of Political Economy 2. 1885. F. Engels ed. MECW 36.
Capital: A Critique of Political Economy 3. 1894. F. Engels ed. MECW 37.
Manuscrits Parisiens Ⅰ. Notes de lecture. 1844. Marx 1968: 7–43.
Manuscrits Parisiens Ⅱ. Ébauche d'une critique de l'économie politique. 1844: Marx 1968: 44–141.
Capital 1. 1965. Moscow: Progress Publishers.
Capital 1. 1976. Trans. Ben Fowkes. London: Penguin (cited as Marx 1976).
Grundrisse: Foundations of the Critique of Political Economy. 1973 (1857–58). Translated with a Foreward by Martin Nicolaus. New York: Vintage Books; Harmondsworth: Penguin Books.
The Letters of Karl Marx. 1979. Padover, S. K., ed. Englewood Cliffs: Prentice-Hall.
Works by Karl Marx and Friedrich Engels
The Holy Family or Critique of Critical Criticism Against Bruno Bauer and Company. 1845. MECW 4: 4–211.
The German Ideology. Critique of Modern German Philosophy According to its Representatives Feuerbach, B. Bauer and Stirner, and of German Socialism according to its various prophets. 1845–46. MECW 5: 19–539.
Manifesto of the Communist Party. 1848. MECW 6: 477–519.
Review: January-February. 1850. MECW 10: 257–70.
Review: May to October. 1850. MECW 10: 490–532.
Address to the Central Authority of the [Communist] League. 1850. MECW 10: 277–87.
Works by Friedrich Engels
Outlines of a Critique of Political Economy (Umrisse). 1844. MECW 3: 418–43.
The Condition of the Working-Class in England. 1845. MECW 4: 295–583.
The Free Trade Congress at Brussels. 1847. MECW 6: 282–90.
Principles of Communism. 1847. MECW 6: 341–57.
The Ten Hours' Question. 1850. MECW 10: 271–6.
The English Ten Hours' Bill. 1850. MECW 10: 288–300.
The Housing Question. 1873. MECW 23: 317–91.
The English Elections. 1874. MECW 23: 611–16.
Marx and Rodbertus. Preface to the First German Edition of The Poverty of Philosophy by Karl Marx. 1884. MECW 26: 278–91.
Introduction to Karl Marx's Wage Labour and Capital. 1891. MECW 27: 194–201.
Preface to the 1892 English Edition of The Condition of the Working-Class in England in 1844. 1892. MECW 27: 257–69.
Anti-Dühring. Herr Eugen Dühring's Revolution in Science. 1894 (1878). MECW 25: 1–309.
The Peasant Question in France and Germany. 1894. MECW 27: 481–502.
Introduction to Karl Marx's The Class Struggles in France 1848 to 1850. 1895. MECW 27: 506–24.
Works Cited by Marx
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Babbage, C. 1832. On the Economy of Machinery and Manufactures. 2nd ed. London: Charles Knight.
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Bailey, S. 1825. A Critical Dissertation on the Nature, Measures, and Causes of Value; Chiefly in Reference to the Writings of Mr. Ricardo and His Followers. London: R. Hunter.
Bailey, S. 1837. Money and Its Vicissitudes in Value; as they affect National Industry and Pecuniary Contracts; with a Postscript on Joint-Stock Banks. London: Effingham Wilson.
Barton, J. 1817. Observations on the Circumstances which influence the Condition of the Labouring Classes of Society. London: Arch.
Bastiat, C. F. 1850. Gratuité du crédit. Discussion entre M. Fr. Bastiat et M. Proudhon. Paris: Guillaumin.
Blake, W. 1823. Observations on the Effects Produced by the Expenditure of Government during the Restriction of Cash Payments. London: Murray.
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Carey, H. C. 1837. Principles of Political Economy: Part the First: Of the Laws of the Production and Distribution of Wealth. Philadelphia: Carey, Lea & Blanchard.
Carlyle, T. 1840. Chartism. London: Fraser.
Cazenove, J. 1853. Preface, notes and supplementary remarks to Malthus 1827.
Chalmers, T. 1832. On Political Economy in Connexion with the Moral State and Moral Prospects of Society. Glasgow: William Collins.
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Edmonds, T. R. 1828. Practical Moral and Political Economy; or, the Government, Religion, and Institutions, Most Condusive to Individual Happiness and to National Power. London: E. Wilson.
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