The New Value Controversy

This sequel to Marx and Non-Equilibrium Economics featured a rare engagement between critics of the Temporal Single System Interpretation (TSSI) of Marx’s theory of value and TSSI scholars. Leading authors with contrasting theoretical viewpoints debated equilibrium and non-equilibrium approaches, abstract labour and money, providing an invaluable introduction to the rapidly growing body of new work in these fields.

The authors cover cutting-edge topics in value theory including gender and money, crisis theory, the impact of technology, skilled and complex labour, and the effect of international transfers of value.

The mathematical content is minimal, allowing both active researchers and new students to introduce themselves to the burgeoning critical reappraisal of the foundations of Twentieth Century economic thinking. The full text of this work is provided here, with thanks to Edward Elgar for permission.

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