Reclaiming Marx

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    yourself--then this is the place to start."--Alan Freeman, Department of Social Sciences, University of Greenwich

    "[A]lmost everyone, orthodox and Marxian economists alike, [has] acceptedthe view that Marx's value theory is internally inconsistent. . . .[This

    book] sorts out a bewildering tangle of approaches and issues in order todemonstrate that the charge of internal inconsistency is false. . . .Reclaiming Marx's 'Capital' is a fresh attempt to get it right, in termsMarx himself would have recognized."

    --Thomas Jeannot, Professor of Philosophy, Gonzaga University

    "This is the first comprehensive introduction to all aspects of thetransformation 'problem.' It will become the standard reference work in theyears to come. No serious work on value theory can afford to ignore it."

    --Guglielmo Carchedi, Department of Economics and Econometrics, Universityof Amsterdam (Ret.)

    From the back cover -------------------This book seeks to reclaim Capital from the myth of internal inconsistency,a myth that serves to justify the censorship of Marx's critique of politicaleconomy and present-day research based upon it. Andrew Kliman shows that thealleged inconsistencies are actually caused by misinterpretation. Bymodifying the standard interpretation of Marx's value theory in two simpleways, the recent "temporal single-system interpretation" eliminates all of the alleged inconsistencies. Written especially for the nonspecialist reader in a clear accessible style and with the bare minimum of mathematics,Reclaiming Marx's "Capital" introduces readers to Marx's value theory andcontrasting interpretations of it, the history of the internal inconsistencycontroversy, and interpretive standards and methods. Kliman then surveysMarx's falling-rate-of-profit theory, the relationship of prices to values(the "transformation problem"), Marx's exploitation theory of profit, andother topics. The book ends with a discussion of why the myth of inconsistency persists, and a call to set the record straight.

    * Read the Table of Contents, Index, and start of Preface at the author'swebsite:http://akliman.squarespace.com/reclaiming

    * Order book from publisher's website for ONLY $22.91:

    http://akliman.squarespace.com/reclaiminghttp://akliman.squarespace.com/reclaiming
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