The Culmination Of Capital

In this collection, four philosophers and four economists consider the Third Volume of Marx's Capital. The essays take up each of the major themes of Volume III - competition, for formation and development of the general rate of profit, the credit system and finance capital, rent, the Trinity formula and the concept of class - and consider them in the light of the two previous volumes. The authors share a focus on the concept of social form in Marx's work and on the method of his argument. The collection is intended both for specialists in Marxian theory and for students of the history of economic thought and of methodology.

The essays in this important collection address specific themes at the cutting edge of recent Marxist scholarship. Although each essay can be read independently, they are united in arguing for, and demonstrating, a new focus on capitalism as a historically specific social form and in stressing the monetary nature of Marx's value theory, challenging traditional Marxist, institutionalist and neo-Schumpeterian readings of Marx's theories of money, value, surplus value and capital accumulation. The studies aim to shed new light on Marx's great work while going beyond it in many respects. The book will be welcomed by economists with an interest in the history, philosophy and methodology of economic thought as well as scholars and students of Marx. The book may also be read as an introduction to Marx's trilogy and is a companion to the collections of essays by the same contributors: The Circulation of Capital: Essays on Volume II of Marx's 'Capital'(ed. Arthur and Reuten, 1998); and The Culmination of Capital: Essays on Volume III of Marx's 'Capital' (ed. Campbell and Reuten, 2002).

In Imperialism and Global Political Economy Alex Callinicos intervenes in one of the main political and intellectual debates of the day. The global policies of the United States in the past decade have encouraged the widespread belief that we live in a new era of imperialism. But is this belief true, and what does ‘imperialism’ mean? Callinicos explores these questions in this wide-ranging book. In the first part, he critically assesses the classical theories of imperialism developed in the era of the First World War by Marxists such as Lenin, Luxemburg, and Bukharin and by the Liberal economist J.A. Hobson. He then outlines a theory of the relationship between capitalism as an economic system and the international state system, carving out a distinctive position compared to other contemporary theorists of empire and imperialism such as Antonio Negri, David Harvey, Giovanni Arrighi, and Ellen Wood. In the second half of Imperialism and Global Political Economy Callinicos traces the history of capitalist imperialism from the Dutch East India Company to the specific patterns of economic and geopolitical competition in the contemporary era of American decline and Chinese expansion. Imperialism, he concludes, is far from dead.

This collection of essays attempts to develop a more comprehensive and accurate picture of Marx as an economic theoretician, based on the publication in 2013 of all the known economic writings of Marx and Engels in the Marx-Engels Gesamtausgabe (MEGA).

The essays in this collection address specific themes in Volume I of Marx's Capital . Although the essays can be read independently, they present complementary perspectives on issues at the cutting edge of recent scholarship on Marx's work. Although all Parts of Capital I are discussed, the book is not intended to be a textbook. It will be read by specialists in the field as well as graduate students in the history of economic thought, political economy and philosophy.

Attempts to reclaim Marx's Capital from the myth of inconsistency. This book is intended for non-specialist readers, and shows that the inconsistencies are actually caused by misinterpretation; the temporal single-system interpretation eliminates all of the alleged inconsistencies.

The book presents a high-impact re-reading of core topics in the Marx and Marxist debates including: value-theory, the commodity-nature of money, complex or skilled labour, the determination of the value of labour-power and the nature of extraordinary surplus value. Drawing on this literature, the book provides original and innovative insights into key controversies in contemporary capitalism such as the increasingly intellectual character of commodity-producing labour, the emergence of global value chains, the relevance of ground-rent bearing commodities, and the specific, uneven developmental dynamics of "resource-rich" countries in the global process of capital accumulation. Contributing to the renewed vitality of critical studies of the economic works of Karl Marx, this book will be essential reading for all those interested in contemporary debates within Marxism, as well as readers of political economy, economics, development studies and economic sociology.