{"product_id":"value-and-crisis-essays-on-labour-money-and-contemporary-capitalism-9781642591903","title":"Value and Crisis: Essays on Labour, Money and","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cem\u003eValue and Crisis\u003c\/em\u003e brings together selected essays written by Alfredo Saad-Filho, one of the most prominent Marxist political economists writing today. Divided into two parts, \"Essays on the Theory of Value\" and \"Essays on Contemporary Capitalism,\" this book examines the labour theory of value from a rich and innovative perspective from which fresh insights are derived. In this volume, Saad-Filho cogently discusses the nature of neoliberalism, financialisation, inflation, monetary policy, the contradictions, limitations and crises of contemporary capitalism, and more.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\"In his new book, \u003cem\u003eValue and Crisis\u003c\/em\u003e, Alfredo Saad-Filho shows that there is a close relationship between neoliberalism and capitalism...[He] has done Marxism a great favour by providing us with some of the clearest theoretical work on neoliberalism to date. The book would be appropriate for a course on international political economy, as well as in Marxist study groups. Value and Crisis is one of the finest works of Marxist scholarship on neoliberalism, and should be studied by every student of Marxism.\"\u003cbr\u003e\u003cstrong\u003e—Fabian Van Onzen, \u003cem\u003eMarx and Philosohpy Review of Books\u003c\/em\u003e\u003c\/strong\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cstrong\u003eAcknowledgements\u003c\/strong\u003e \u003cbr\u003e\u003cbr\u003eIntroduction \u003cbr\u003e1 Method \u003cbr\u003e2 The Theory of Value \u003cbr\u003e3 Systems of Accumulation \u003cbr\u003e4 Neoliberalism \u003cbr\u003e5 Outline of the Book \u003cbr\u003e\u003cbr\u003ePart 1: Essays on the Theory of Value\u003cbr\u003e\u003cbr\u003e1 \u003cstrong\u003eMarxist Economics\u003c\/strong\u003e \u003cbr\u003e1 The Method and Approach of Marxist Political Economy \u003cbr\u003e2 The Labour Theory of Value \u003cbr\u003e3 Commodities, Labour and Value \u003cbr\u003e4 Capital and Capitalism \u003cbr\u003e5 From Value to Surplus Value \u003cbr\u003e6 Profit and (Increasing) Exploitation \u003cbr\u003e7 Marxist Political Economy, Laws of Development and Contemporary Capitalism \u003cbr\u003e8 Conclusion \u003cbr\u003e\u003cbr\u003e2 \u003cstrong\u003eThe Relevance of Marx’s Theory of Value\u003c\/strong\u003e \u003cbr\u003e1 Interpretations of Marx’s Theory of Value \u003cbr\u003e1.1  \u003cem\u003eTraditional Marxism\u003c\/em\u003e \u003cbr\u003e1.2  \u003cem\u003eSraffian Analyses\u003c\/em\u003e \u003cbr\u003e1.3  \u003cem\u003eValue Form Theories\u003c\/em\u003e \u003cbr\u003e1.4  \u003cem\u003eThe ‘New Interpretation’\u003c\/em\u003e \u003cbr\u003e2 Value Theory and Class Analysis \u003cbr\u003e2.1  \u003cem\u003ePrinciples\u003c\/em\u003e \u003cbr\u003e2.2  \u003cem\u003eImplications\u003c\/em\u003e \u003cbr\u003e3 Conclusion \u003cbr\u003e\u003cbr\u003e3 \u003cstrong\u003eLabour, Money and ‘Labour-Money’: A Review of Marx’s Critique of John Gray’s Monetary Analysis\u003c\/strong\u003e \u003cbr\u003e1 Labour, Money, Exploitation \u003cbr\u003e2 Marx on Labour and Money \u003cbr\u003e3 Money, Value, and Price \u003cbr\u003e4 The Other Functions of Money \u003cbr\u003e5 Labour-Money in Retrospect \u003cbr\u003e6 Conclusion \u003cbr\u003e\u003cbr\u003e4 \u003cstrong\u003eCapital Accumulation and the Composition of Capital\u003c\/strong\u003e \u003cbr\u003e1 Capital and Exploitation \u003cbr\u003e2 Understanding the Composition of Capital \u003cbr\u003e3 Production and the Composition of Capital \u003cbr\u003e4 Capital Accumulation \u003cbr\u003e5 Conclusion\u003cbr\u003e\u003cbr\u003e5 \u003cstrong\u003eThe ‘Transformation Problem’\u003c\/strong\u003e \u003cbr\u003e1 The ‘Problem’ \u003cbr\u003e2 Alternative Interpretations \u003cbr\u003e2.1  \u003cem\u003eNeoclassical and Sraffian \u003cbr\u003e\u003c\/em\u003e2.2  \u003cem\u003eValue-Form Theories\u003c\/em\u003e \u003cbr\u003e2.3  \u003cem\u003eDynamic Analysis\u003c\/em\u003e \u003cbr\u003e3 Marx’s Transformation: A Review \u003cbr\u003e4 The Transformation and its Method \u003cbr\u003e5 Conclusion \u003cbr\u003e\u003cbr\u003e6 \u003cstrong\u003eTransforming the Transformation Problem: Why the ‘New Interpretation’ is a Wrong Turning\u003c\/strong\u003e \u003cbr\u003e1 The ‘New Interpretation’: A Simple Formal Presentation \u003cbr\u003e2 Value of Money \u003cbr\u003e3 Value of Labour Power \u003cbr\u003e4 Structure, Sequence and Dynamics \u003cbr\u003e5 Conclusion\u003cbr\u003e\u003cbr\u003e7 \u003cstrong\u003eThe Supply of Credit Money and Capital Accumulation: A Critical View of Post-Keynesian Analysis\u003c\/strong\u003e \u003cbr\u003e1 The Fundamental Process of Endogenous Money Creation \u003cbr\u003e2 Commodity and Credit Money Systems \u003cbr\u003e3 Money and Inflation \u003cbr\u003e4 Two Steps Forward – One Step Back \u003cbr\u003e4.1  \u003cem\u003eThe Origin and Role of Money in the Economy\u003c\/em\u003e \u003cbr\u003e4.2  \u003cem\u003eHorizontal Money Supply\u003c\/em\u003e \u003cbr\u003e4.3  \u003cem\u003eInflation\u003c\/em\u003e \u003cbr\u003e5 Conclusion: What is Important for the Way Ahead? \u003cbr\u003e\u003cbr\u003e8 \u003cstrong\u003eInflation Theory: A Critical Literature Review and a New Research Agenda\u003c\/strong\u003e \u003cbr\u003e1 Conflict and Inflation \u003cbr\u003e1.1  \u003cem\u003eConflict Theories\u003c\/em\u003e \u003cbr\u003e1.2  \u003cem\u003eAssessment\u003c\/em\u003e \u003cbr\u003e2 Monopolies, Underconsumption, and Inflation \u003cbr\u003e2.1  \u003cem\u003eInflation Theory\u003c\/em\u003e \u003cbr\u003e2.2  \u003cem\u003eAssessment\u003c\/em\u003e \u003cbr\u003e3 Credit, Extra Money, and Inflation \u003cbr\u003e3.1  \u003cem\u003eMoney and Credit\u003c\/em\u003e \u003cbr\u003e3.2  \u003cem\u003eExtra Money Inflation\u003c\/em\u003e \u003cbr\u003e3.3  \u003cem\u003eInconvertibility and Inflation\u003c\/em\u003e \u003cbr\u003e3.4  \u003cem\u003eAssessment\u003c\/em\u003e \u003cbr\u003e4 Conclusion \u003cbr\u003e\u003cbr\u003e\u003cbr\u003ePart 2: Essays on Contemporary Capitalism\u003cbr\u003e\u003cbr\u003e9 \u003cstrong\u003eAnti-capitalism: A Marxist Introduction\u003c\/strong\u003e \u003cbr\u003e1 Capitalism and Anti-Capitalism \u003cbr\u003e2 September 11 and Beyond \u003cbr\u003e3 Four Pressing Issues \u003cbr\u003e3.1  \u003cem\u003eNeoliberalism\u003c\/em\u003e \u003cbr\u003e3.2  \u003cem\u003eGlobalisation\u003c\/em\u003e \u003cbr\u003e3.3  \u003cem\u003eCorporate Power\u003c\/em\u003e \u003cbr\u003e3.4  \u003cem\u003eDemocracy\u003c\/em\u003e \u003cbr\u003e4 The Way Ahead \u003cbr\u003e5 Leaving Capitalism Behind \u003cbr\u003e\u003cbr\u003e10 \u003cstrong\u003eNeoliberalism\u003c\/strong\u003e \u003cbr\u003e1 Neoliberal Ideas \u003cbr\u003e2 Policy Shifts and Institutional Changes \u003cbr\u003e3 Classes and Class Struggle \u003cbr\u003e4 Neoliberalism, Financialisation and Globalisation \u003cbr\u003e5 Contradictions and Limitations \u003cbr\u003e\u003cbr\u003e11 \u003cstrong\u003eThirteen Things You Need to Know About Neoliberalism\u003c\/strong\u003e \u003cbr\u003e1 A New Stage \u003cbr\u003e2 An Ideology? \u003cbr\u003e3 A Reaction? \u003cbr\u003e4 Markets and States \u003cbr\u003e5 Financialisation \u003cbr\u003e6 Policy Changes \u003cbr\u003e7 The Balance of Power \u003cbr\u003e8 Scholarship, Policy and Practice \u003cbr\u003e9 Two Phases \u003cbr\u003e10 Variegated Neoliberalism \u003cbr\u003e11 Everyday life \u003cbr\u003e12 Growth, Volatility and Crises \u003cbr\u003e13 Alternatives \u003cbr\u003e\u003cbr\u003e12 \u003cstrong\u003eDemocracy Against Neoliberalism\u003c\/strong\u003e \u003cbr\u003e1 Capitalism and Democracy \u003cbr\u003e2 Democracy in the Age of Neoliberalism \u003cbr\u003e3 The Limitations of Neoliberal Democracy \u003cbr\u003e4 Economic and Political Imbalances \u003cbr\u003e5 Globalism and (Nation-)States \u003cbr\u003e6 New Authoritarianism \u003cbr\u003e7 Transcending Neoliberalism through Radical Democracy \u003cbr\u003e8 Conclusion \u003cbr\u003e\u003cbr\u003e13 \u003cstrong\u003eMonetary Policy and Neoliberalism\u003c\/strong\u003e \u003cbr\u003e1 Monetary Policy for Mature Neoliberalism \u003cbr\u003e2 Inflation Targeting and Central Bank Independence \u003cbr\u003e3 The New Monetary Policy Consensus in Practice \u003cbr\u003e4 The Performance of Inflation-Targeting Regime and Central Bank Independence \u003cbr\u003e5 Costs of the New Monetary Policy Consensus \u003cbr\u003e5.1  \u003cem\u003eThe Cost of High Interest Rates\u003c\/em\u003e \u003cbr\u003e5.2  \u003cem\u003eThe Cost of Conflicts between Inflation Targeting and Balance of Payments Equilibrium\u003c\/em\u003e \u003cbr\u003e5.3  \u003cem\u003eThe Cost of Financial Instability\u003c\/em\u003e \u003cbr\u003e5.4  \u003cem\u003eThe Cost of Central Bank ‘Independence’\u003c\/em\u003e \u003cbr\u003e6 The Impact of the Global Crisis \u003cbr\u003e7 Conclusion \u003cbr\u003e\u003cbr\u003e14 \u003cstrong\u003eNeoliberal Development and Its Critics\u003c\/strong\u003e \u003cbr\u003e1 Neoliberalism and Its Critics \u003cbr\u003e2 Neoliberalism and Development \u003cbr\u003e3 Neoliberalism, Politics and Development \u003cbr\u003e4 Conclusion\u003cbr\u003e\u003cbr\u003e15 \u003cstrong\u003eCrisis\u003cem\u003ein\u003c\/em\u003eNeoliberalism or Crisis\u003cem\u003eof\u003c\/em\u003eNeoliberalism?\u003cbr\u003e\u003c\/strong\u003e1 Neoliberalism and Financialisation \u003cbr\u003e2 Financialisation and Social Discipline \u003cbr\u003e3 Neoliberalism’s Contradictions \u003cbr\u003e4 Not Moving Forward \u003cbr\u003e5 Coming Out of Left Field \u003cbr\u003e\u003cstrong\u003e\u003cbr\u003eReferences\u003c\/strong\u003e \u003cbr\u003e\u003cstrong\u003eIndex\u003c\/strong\u003e\u003c\/p\u003e","brand":"Haymarket Books","offers":[{"title":"Default Title","offer_id":51359874384215,"sku":"9781642591903","price":25.5,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781642591903.jpg?v=1754125973","url":"https:\/\/bookcurl.com\/products\/value-and-crisis-essays-on-labour-money-and-contemporary-capitalism-9781642591903","provider":"Book Curl","version":"1.0","type":"link"}