This paper surveys some of the quantitative empirical research in two areas of Marxist political economy: (a) Marxist national accounts, and (b) Marxist responses to the Sraffa-based critique of the 1970s. With respect to the first area, this paper explains the basic methodology underlying the construction of Marxist national accounts from traditional input-output data. With respect to the seco...

Considering the recent series of events and intensified diplomatic economic relations, many experts envisage a new Cold War between two superpowers twenty-first century. Although Chinese-American relationship over last half-century has experienced some great moments, it mostly been characterised by less amicable or even hostile attitudes, as well economically volatile competition. The pragmatic...

Political developments in the last ten years have led to a very considerable renewal of interest in Marxist economic and political analysis, and to a concerted attempt to reinvigorate Marxist theory as a revolutionary force. The focus of this movement is the attempt to develop a Marxist critique of Stalinist dogmatism and of post-Stalinist revisionism. Its material conditions are the end of the...

The non-Marxist, or neo-Malthusian, approach to the study of population problems is criticized, with particular reference to the situation in Africa. An alternative Marxist approach is proposed in which the solution to population problems is sought either in revolution or radical improvements in social welfare involving the maximum egalitarian distribution of the benefits of social and economi...

Abstract Karl Marx took technological development to be the heart of capitalism’s drive and, ultimately, its undoing. Machines are initially engineered perform functions that otherwise would performed by human workers. The economic logic pushed limits leads prospect full automation: a world in which all labor required meet needs is superseded and machines. To explore future automation, paper co...

An eminent medievalist and one of the most influential of the small band of Marxist historians working in the UK before 1968, Rodney Hilton’s work on the development of the English feudal system into industrial capitalism was, despite its renown, ultimately mistaken. The problems with Hilton’s account were largely inherited from Maurice Dobb, whose interpretation of Marxist theory led him to ex...

IT IS A COMMON belief that every historian, in trying to describe any episode from the human past, cannot help but color his narrative with the hues of his own political stances, his positions concerning political economy, his visions of a just society, his religious beliefs, and other such subjective tinctures. Those influences will inevitably enter into his interpretation of the “bare, object...

Critical management studies scholars occupy a tenuous position in business schools. Their location and intellectual trajectory needs to be understood in the political context of the historical defeat of the Left since its highpoint in 1968. One of the tributaries of critical management studies is labor process theory, which derives from Braverman’s (1974) classic critique of the degradation of ...