How Marx’s Law of Value Explains Trade, Imperialism and Competition

“Güney Işıkara and Patrick Mokre have published an insightful book that explains how Marx’s theory of value operates to explain the trends and fluctuations in modern capitalist economies.  The book is about taking Marx’s law of value towards what they call its ‘frontiers’, namely markets and trade; imperialism and the global environmental crisis.”

It discusses real competition as opposed to market fundamentalist nonsense about perfect competition. Free market economists are not scientists and neither predict causes nor consequences.
~  Quote from Michael Roberts

About Barbara MacLean

Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.

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