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Index

absolute advantage (in trade) 249–50, 252
absolute surplus-value 199, 200, 207, 286
abstract intellect 25–26, 28, 38–39, 43–44
abstract labour and abstract social labour xi, 13–15, 34, 61–62, 65–69, 72, 76, 90, 97, 100, 110–15, 126–27, 145, 147n89, 148, 150, 155–56, 162, 170–78, 181–82, 185, 192, 195, 199, 224, 274–76, 334, 345, 352
abstract reason 25
accumulation and overaccumulation of capital xi, 48, 80, 181, 186, 190, 197, 200–02, 204, 209, 211, 215, 217–18, 220, 221, 225–26, 228, 231, 237, 242, 247, 256, 260, 270, 272, 274, 282, 285, 295, 312, 332
alienated labour 181
alienation 47, 100, 151, 169, 178–79, 181–82, 193, 247, 276, 310, 318
Albo, Greg xxi, 209n16, 272n34, 273n35, 341
Amin, Samir 21n4, 28n17, 141, 341
Analytical Marxism xix, 314n12
Anderson, Kevin 22n9, 341
Anderson, Perry 28n17, 341
Angus, Ian 332n35, 341
annual rate of surplus-value 238–39
anticipated future value (AFV) 177n, 274–75, 283n, 294, 302
appropriative rationality 22, 31, 41
Arrighi, Giovanni 2–4, 15, 341
Arthur, Christopher 140, 148n, 165, 341
Asiatic mode of production 19, 20, 28, 41
Bakir, Ergodan 285, 298n88, 341
Baran, Paul 229n14, 257–58, 341
Baragar, Fletcher 293–94
Basu, Deepankur 233n, 288–89, 341
Bellofiore, Riccardo 341
Bohm-Bawerk, Eugen von 50, 56, 83–91, 170–71, 176, 342
Bortkiewicz, Ladislaus von 91–96, 105, 110, 120–23, 152, 342
bourgeoisie 46–47, 310, 312–15, 329
Boutang, Moulier 44n51, 322n24, 342
Brenner, Robert 28, 141, 218, 272n33, 277n41, 342
Bretton-Woods agreement 98
Britain/British xv, 49, 241
Bukharin, Nikolai 90–91, 336, 342
bureaucracy 310, 315, 317–18, 335
bureaucratic dictatorship/ oligarchy 309–10
bureaucratisation 318
Burkett, Paul 332, 342
Butovsky, Jonah xviii, 253n, 255, 256n5, 266, 272n32, 297n85, 300n92, 306, 356
C-M-C 76–78
Callinicos, Alex 193n47, 237n43, 342
Camfield, David 322n24, 342
Cambridge School 45, 98
Campbell, Al 285, 298n88, 342
Canada 3, 266n22, 267–68, 270–72, 304–05
capital mobility 81, 106, 137, 241, 244–48, 271, 279, 323
capital-saving innovation 208, 211
capitalist class 7, 10, 158, 225, 230, 266, 295n82, 307–08, 315–17, 322, 326, 329, 334
capitalist mode of production ix, xi, xii, 6, 10, 19, 51–52, 58, 60, 64–65, 70, 75, 85, 120, 151, 185–86, 188, 190, 197, 199, 200, 202–03, 206, 220, 224, 246, 264, 274, 277, 312, 327, 332, 333
capitalist state xvi, 6, 226, 233–35, 239, 270, 279–80, 282, 293, 314
Carchedi, Guglielmo xiii, 9n12, 122–24, 139–40, 143–44, 148n89, 154–57, 161–62, 215n34, 217, 253n1, 273n33, 342–43
Castree, Noel xv, 343, 356
categories of pure reason 25, 37, 43
Chernomas, Robert xxi, 229n18, 239n40, 293–94, 341
Chile 326
China 7, 222, 241, 273n35, 309
choice of technique 120, 132–33, 152, 184, 186, 198, 210, 213–15
Choonara, Joseph 343
circuit of capital 77–78, 117, 129–30, 152, 157, 228, 277, 282, 285
circuit of capitalist revenue 129–30, 152, 277
circulation workers/ labour 226–27, 233–34, 313–14
Clarke, Simon 46, 47n4, 49, 51n15, 54, 343
class-consciousness 311, 322–23, 326, 328–29
class inequality 4, 10–11, 78–79, 334
class interest 10, 46, 57, 311, 316, 327, 334
class strategy 317, 331
class structure 314–15
class struggle/ conflict 10, 22, 56, 137–38, 140, 190–91, 197, 234n30, 254, 274, 307, 311, 313–18, 321–22, 329–31, 334
classical political economy 46–47, 49–51, 53–54, 59, 74–75, 98, 167, 182–83
Clawson, Dan 317n16, 343
Cockshott, Paul 141, 193, 253n1, 337n43, 343
cognitive faculties 19, 23, 25–27, 43, 196
cognitive labour 322–23
cognitive revolution 26, 29, 36, 40, 43–44
Cohen, G.A. 23–25, 30–34, 36, 177–78, 343
Colletti, Lucio 58n1, 91n69, 181–82, 343
commercial capital 225, 227–28, 230, 239, 282, 290–91, 294, 297n87, 312, 323–33
commodity 19, 21–22, 26–29, 32, 36–41, 43, 45, 46, 48–49, 51, 53, 58–74, 76–82, 84–88, 91–93, 95, 102–03, 108, 112–115, 117, 119–28, 134, 145–50, 155, 159, 168–71, 173–78, 180, 182, 184–85, 192, 196, 198, 205, 208, 224–25, 228, 230–33, 236–37, 244, 246, 250–51, 263–65, 275, 296, 315, 320–21, 325–26, 330, 339
commodity abstraction 36–37, 43, 325n26
Communist International 328
comparative advantage (in trade) 249
competitive relations 12–13, 21, 64, 81, 86, 137, 186, 197
composition of capital xi, xii, 80, 82, 84–85, 92–95, 131, 200–01, 203–08, 210, 212, 215n34, 244, 253–54, 257–58, 260–61, 266–70, 272–83, 289, 292–94, 300–01, 316
constant capital xii, 79–80, 92–94, 121–24, 151–52, 158, 160–61, 200–18, 223, 228, 232–42, 255–56, 259, 261–66, 269–70, 272–77, 279–81, 286–89, 294, 296, 304–06
contradictory class locations 314–15
costs of circulation 217, 228, 230–32, 234, 238–39, 258, 264–66
costs of production 149–52, 184, 186, 197–98, 209, 213–14, 217, 219, 228–29, 316, 318–19
Cottrell, Allin 141, 193, 253n, 337n, 343
counteracting tendencies to a falling rate of profit 191, 202, 206–09, 216, 242, 252, 270, 286
craft skill 317–18
crisis (economic) ix, xiii, xv, 5–11, 98, 137–39, 144, 188–91, 200–02, 209, 215, 217–19, 229, 239–40, 243, 255–56, 259, 270–78, 282–89, 300–01, 303, 309, 323–24
critique of political economy 58–59, 75, 83, 100, 111, 144, 179–80, 235, 327
Croce, Benedetto 83
Daum, Walter 193n47
Dawson, Michael 229n14, 258, 259n8, 262
De Brunhoff, Susanne 343
debt xvii, 5, 9, 234n31, 255–56, 274–77, 282–84, 287, 292–94, 298, 301–03, 324
deduction from surplus-value xii, 228, 230–31, 233
degenerated/ deformed workers’ state 335–36
Deng Xioping 7n10
depression xv, 5, 11, 282–83, 286
de-skilling of labour 210, 316, 318–19,
determinate abstractions 168
determinism 31, 65, 167
Deutscher, Isaac 317n16, 343
De Vroey, Michel 115, 119, 334
dialectical reason xix
dialectics xix, 19–21, 24n12, 26–27, 29, 31, 38–39, 62, 69, 150, 154–56, 162, 164–67, 173, 175–76, 179–80, 182–83, 185, 187–89, 221, 228, 236, 247, 278, 281
direct prices 81, 123, 150
distribution/ redistribution 9, 11n15, 48, 51–52, 59, 62, 76, 82, 87, 98–99, 101–04, 117–18, 124–26, 137, 140, 151, 168, 175, 195, 197, 225, 229, 233, 248, 258, 274, 279, 291, 293–94, 303, 320, 322–23, 341
Dobb, Maurice 99, 110–11, 192–93, 344
domestic labour 187, 224–25, 312–13, 321n22
dualism 31, 33, 175, 179–80, 182, 184, 188, 279, 325
dualistic consciousness 325
Dumenil, Gerard 14, 154, 253n, 278n41, 287, 344
Dumont, Joshua 309n5, 357
Dunayevskaya, Raya 193, 193n47
Durkheim, Emile 26
ecology 333
economic structure 24, 32–33, 148n89, 224
effective demand ix, 8–9, 215–20, 229, 254, 282
Eisner, R. 256n5, 344
Eldred, Michael 115n26, 119, 174, 344
Elson, Diane 88, 110, 115, 119, 171, 174, 237n43, 344
embodied labour xi, 48, 61, 67, 84, 106, 108, 110–18, 153, 155–56, 188, 192, 194
Emmanuel, Arghiri 243–51, 344
empiricism 111, 166, 168, 171, 174
Engels, Friedrich 5, 19, 22, 26–27, 30, 32, 36n34, 39, 44n52, 52n17, 83, 179, 307–08, 332, 344, 350–51
Enlightenment 46
epistemology 26, 30, 33, 324
equality x, 4–5, 8, 10–12, 22, 63, 72–73, 75, 78–79, 92–93, 96, 124, 246, 273n35, 307, 320, 334
equalisation of profit rates 82, 85, 92, 102, 117–18, 122, 125, 131, 149, 159, 225, 246–48, 251–52, 279, 323
equilibrium 77, 85n52, 94–97, 101, 110, 123–24, 129, 132–34, 152, 154, 157, 209, 217
equivalent form of value 67–69, 185
Erfurt Programme 329
Ernst, John 143
European Union 241, 324
exchange abstraction 26, 36–40, 43, 196, 324–26
exchange-value 51, 53, 58–63, 65–66, 68, 73, 81, 87–88, 97, 124, 171–72, 180, 185, 237, 265, 339
expanded form of value 68
expanded reproduction 105, 218
exploitation x, xi, 2, 10–11, 36, 40, 56, 75, 78–79, 82, 85, 92, 103–05, 157, 186, 189, 193, 196, 199, 207–08, 216, 225, 227, 235n32, 242–43, 248, 252, 257, 277, 282, 299, 302–03, 313–14, 323, 333
Farjoun, Emmanuel 133–37, 344
feminism 187
fetishism (commodity and/or capital) 34, 51, 70–71, 74, 89, 100, 102, 169, 173, 182, 223, 235, 237, 262, 263n17, 322n24, 326, 329
feudalism 28, 47, 273n35
Feuerbach, Ludwig 19, 182, 188
fictitious capital 256, 272, 274–76, 282, 284, 290–93, 295n82, 297–98, 301–02
fictitious profits 131n59, 150n93, 256, 276–77, 289, 292–94, 299–301, 303
financial crisis 5, 8–9, 138, 272, 275, 277n40, 282, 284, 287, 289, 293n78
financialisation 255, 273, 276n38, 285, 301, 323
Fine, Ben 48n9, 109, 143, 154n98, 191, 321n21, 345
Fischer, Norman 170–74, 345
Flaherty, Diane 337n43
Foley, Duncan 64n15, 143, 154, 345
forces of production 10, 12, 15, 19–21, 23–25, 28–29, 31–35, 41–42, 58, 151, 202, 220–22, 256, 270, 278, 303n96, 333
forces-relations dialectic 19, 26–27, 29–31, 39, 222
foreign trade 207, 209, 216, 242, 250, 252
formal equality 12, 72, 75, 78–79
Foster, John Bellamy 141, 229n14, 258, 259n, 262n13, 273n35, 332, 333, 345
Fourth International 193n47, 328
France 47, 326
Freeman, Alan 136n70, 143, 159n109, 193, 215n34, 273n33, 290–92, 345, 350
Fukuyama, Francis xix
functionalism 23
fundamentalist value/crisis theory x, 97, 100, 113, 120–21, 124, 132, 136, 139, 141–45, 148, 151, 153–54, 159, 160, 174–76, 190–94, 279
general abstraction/ laws 167–68, 171, 195, 230, 325
general form of value 69
general formula for capital 76–77
general rate of profit 86, 94, 131, 133, 136–37, 202–3, 213, 225, 244, 247–48, 250, 265n21, 280, 290
George, Susan 324n26, 346
Germany 326
Gerstein, Ira 109–10, 112, 116, 119, 346
Giddens, Anthony 21n3, 346
Gillman, Joseph 229n17, 230, 253n1, 261, 266, 346
Gindin, Sam 209, 273n34, 341
Gleicher, David 116, 346
global economic slump ix, 5, 272, 283, 301
globalisation xv, 241, 255, 280, 282, 289
Glyn, Andrew 260n11, 346
Gonick, Cy 256n5, 346
Gorbachev, Mikhail 335–36, 346
Gordon, Robert 260n11, 342
Gorz, Andre 313n8, 329, 346
Gotha programme 1
great recession ix, xv, 9, 288–89, 297, 307
Greenspan, Alan 276
Grey, Barry 303n96, 346
Grossman, Henryk 144, 217, 346
growth rates 15–16, 255, 335
guilds 29
Hardt, Michael 322n24, 346
Harman, Chris 193, 273n33, 277n40, 346
Harris, Laurence 191, 209n16, 229n18, 345
Harvey, David 217, 346
Hegel, G.W.F. 63, 100, 116, 165–69, 178
hegemony 327
Hilferding, Rudolf 64, 86–90, 346
Himmelweit, Susan 114–19, 145, 346
historical materialism 19, 23, 30–32, 34–35, 111, 187
historical-structural crisis 10, 188, 190, 202, 220–22, 242, 274, 276, 309, 312
historical transformation problem 36n34
Hobbes, Thomas 13, 47
Hodgskin, Thomas 50–51
Hodgson, Geoff 99, 104, 109, 141, 191, 211n22, 256n5, 346–47
holism 148n89, 165, 172
housing 298
human capacities 10–12, 22, 31, 35, 42, 55, 58, 178, 310, 332
human development xvii, xix, 2–3, 10, 12, 18–20, 23, 25, 29, 35, 58, 196, 221, 325, 334, 339
human progress xiii, xix, 12, 19–20, 31, 33, 35, 41–42, 58, 187, 191, 278, 310, 327
Husson, Michel 287–88, 347
ideal abstraction 38–39, 59, 171, 176
identity politics 331
ideology xx, 7, 17, 19, 33, 45–46, 54–55, 307–08, 333
Ilyenkov, E.V. 165n2, 347
immiseration 3
imperialism xvi, 222, 241, 243–45, 247–49, 251–52, 334
intellectual and manual labour 28, 41, 43, 180
intensive surplus 21, 28
internal relations 31, 33, 171, 173, 176, 179, 185, 201
international trade 209, 243–46, 248–49, 251–52
Invisible Leviathan ix, x, xi, xiv, xv, xvi, 1, 13, 18, 181, 189, 209, 310, 339
iterative solution 123, 152, 158
Jackson, James 280n45, 347
Jameson, Fredric 17, 18n21, 347
Japan 241, 267n22
Jevons, Stanley 45, 50
joint production 106, 108, 118, 120, 132–35
Kaldor, Nicholas 98
Kant, Immanuel 25–26, 31, 38, 43, 63, 165, 324–24
Kay, Geoffrey 89–90, 170–71, 176, 347
Keen, Steve 164n, 347
Keynes, John Maynard/ Keynesian ix, x, xx, 8–9, 11, 45, 50, 54, 98, 189–90, 193n48, 218–19, 254, 259, 347
Kicilof, Alex 137–38, 347
Kinkaid, Jim 143n80
Kliman, Andrew 137n74, 140, 143–44, 154, 156–59, 161–62, 193, 215n34, 253n1, 281n47, 287–88, 306, 347–48
Krugman, Paul 8, 348
Kugelmann, Ludwig 52, 59, 125–26
Kuhn, Rick 144n82, 167n9, 348
labour power 1, 12–13, 25, 29, 41, 61, 72, 76–80, 82, 89, 104, 107, 112–14, 117, 149, 153, 187, 192n46, 199, 204n9, 206, 208, 226–27, 235n32, 246, 264, 319–22, 330
labour process 24, 118, 122n39, 126, 128, 170, 179, 184, 185, 189, 200, 208, 224–25, 263n16, 271, 286, 299, 317–19
labour-saving/displacing innovation 9, 13, 15, 27, 41, 43, 189, 197–98, 200–01, 209–12, 219, 316, 319, 330
labour theory of prices 49, 108, 112, 154, 158
Laibman, David 21–22, 28, 141, 281n46, 337n43, 348
Lapavitsas, Costas 154n98, 273n34, 277n40, 293, 345, 348
law/ theory of comparative costs 245, 249
law of the tendency of the rate of profit to fall (LTRPF) ix, xiv, 8, 15, 41, 65, 142, 144, 188, 191, 200–02, 211, 219, 229, 255–59, 269–70, 272–75, 278, 280–81, 286, 288, 292
law of value ix, xi, xvi, xvii, 1, 10–11, 13, 16–17, 21, 27, 34, 36, 39, 40n43, 63–64, 76–77, 79, 84, 88, 97, 111, 118, 125, 177, 186, 188, 192, 194–96, 200, 206, 241, 243–44, 275, 283, 307, 310–12, 316, 318–19, 323–25, 330, 334, 339
laws of exchange 39–40
laws of motion xi, 7, 21, 52, 56, 79, 97, 120, 150–51, 164, 176, 185–86, 191, 224, 234n30, 253, 290, 315–16, 327–28
Le Grand, Julian 339n46, 349
Lebowitz, Michael 189, 190n43, 211n22, 239n38, 320–21, 337n43, 346
Lefebvre, Henri xvii, 349
Lenin, Vladimir/ Leninism 222, 243–44, 349
Leontieff, Wassily 211n21, 349
Levy, Dominic 141, 154n98, 253n1, 278n41, 287, 344
Li, Minqi 3n5, 141, 332, 349
Lindsey, J.K. 313, 349
Lipietz, Alain 119, 120n35, 349
Lippi, M. 109, 349
Locke, John 47, 49, 349
logic of essence 167, 169, 173
Lonergan, Bernard 56
Lukács, Georg 39, 100, 349
Luxemburg, Rosa 217, 349
M-C-M 76–78
McKelvey, Charles 56, 351
Machover, Moshe 136–37, 345
macro-monetary interpretation 139n74, 142, 153, 157n105, 159–60, 352
Macy, Michael 349
Magdoff, Fred 273n35, 345
Magdoff, Harry 259n9, 324n26
Mage, Shane xii, 95n75, 121–22, 144n81, 154n98, 204n9, 205, 211n19,n20, 212n23, 219–20, 223, 231–33, 253n1, 256, 260–62, 264n19, 265–66, 279n42, 281, 294, 349
magnitude of value x, xi, 52, 64–66, 73–78, 82, 86, 93, 96, 99n2, 100, 106–10, 113, 115–16, 118–20, 127–28, 130, 133, 135, 142–43, 146–47, 149–50, 153, 161n113, 172, 174–76, 181, 185, 187–88, 194, 202, 207, 211, 218–19, 224, 231–32, 238, 251, 256, 292–94
Maito, Esteban 349
Mandel, Ernest 28n16, 36n34, 65, 88, 89n61, 133, 136n70, 144n81, 193n47, 194, 199n3, 217, 246–47, 251, 256n5, 317n15, 337n43, 349–50
Mao Zedong (Maoist) 35, 42, 273n35, 313n8
marginal-utility theory 45, 50, 53–54, 86–87, 89–90, 175–76
marginalism 53–55, 83, 91, 98, 119, 189
market socialism 141, 194, 336–37, 339
Marshall, Alfred 45, 50
Marshall Plan 2
Marx, Karl ix–xvii, xix, xx–xxiii, 1, 5, 7–17, 19–42, 44–46, 49–130, 136–54, 156–83, 185–232, 235–49, 252–61, 263–67, 269–71, 273–75, 278–81, 286, 289–92, 300, 303, 307–12
materialist conception of history 19, 185
materialist dialectic 167
Mattick, Paul 255, 351
McNally, David 273n35, 337n43, 351
Meek, Ronald 53, 99, 105, 110, 192–93, 351
Meikle, Scott 166n6, 351
Menger, Karl 45, 91
merchant capital 76, 227, 231–32
metaphysics 54, 166
methodological holism 148n89, 165
methodological individualism 35, 165–66, 173
method/ methodology 23, 33, 35, 52–53, 55–56, 59, 62, 87, 89–91, 95–97, 99, 101, 106–06, 109, 111, 118, 120, 122–23, 125, 133–34, 136, 138–40, 142, 152, 164–69, 173, 175–76, 178–80, 182, 188, 252
Mexico 4
middle class xv, 311–12, 315, 322
Mill, John Stuart 51, 175
Minsky, Hyman 9
mobility of labour 241, 245
mode of production ix, x, xi, xii, 6, 10, 19–21, 24, 27–32, 41, 51–52, 58, 60, 64–65, 70, 75, 85, 120, 151, 180, 185–86, 188, 190, 197, 199–200, 202–03, 208, 220, 224, 246, 256, 263, 265, 274, 278, 312, 318, 327, 332–34
Mohun, Simon 114–19, 142, 145, 174, 253n1, 281n47, 286, 295, 346, 351
money 13–14, 26–27, 32, 38, 60–70, 74, 76–78, 82, 90, 92, 94–95, 97, 105–06, 115, 121–23, 127, 129, 130–33, 147, 149, 151–55, 157–59, 160–61, 169–75, 177, 182, 185, 194, 228, 274–76, 279, 291–92, 303, 338–39
money form xi, 66, 69–70, 74, 81, 90, 104, 112, 127, 162, 186, 198, 276
monism, dialectical 19–20, 24n12, 173, 175–77, 180, 182–83, 185, 187–88, 356
monopoly capitalism 229, 257–59, 273n35
Moreau, Francois 3–4, 351
Morishima, Michio 123, 351
Moseley, Fred 139n74, 140, 142, 144, 153, 156–57, 159–62, 165n2, 215n34, 229n18, 253n1, 256n5, 260–65, 268–69, 279, 280n44
Murray, Patrick 142, 145–48, 150, 165–71, 173–74, 352
natural law 19, 46, 52, 59, 183
natural science 26, 37–38, 41, 44, 165–66, 169
naturalisation of capitalist relations 326
negative values 108, 134
Negri, Antonio 322, 346
neoliberalism 6–7, 255, 302
neo-orthodox value theory 36n34, 97–100, 109–16, 118–20, 126–27, 139, 141–43, 145–46, 174–76, 191, 193–94, 209n16, 279
neo-Ricardianism 98–100, 109, 111, 116, 119–20, 124–25, 140, 142, 183, 190
neo-classical economics/ economists x, 11, 45, 53–56, 83, 90–91, 98, 104, 106, 119, 127, 132, 152, 174, 211n21, 212, 228n12, 236, 245, 254
neutral technological progress 210–11
new value xi, 14–16, 51, 64, 77, 79–80, 85–86, 118, 151, 154, 157, 159, 176, 177n27, 185, 188, 200, 204n9, 205, 207, 219, 224, 230–33, 237, 240, 263, 266, 269, 274, 277, 281
Nichols, Howard 139, 352
nominalism 173, 188
non-financial rate of profit 277n40, 285, 297–98, 306
Nove, Alec 339n46, 352
objective socialisation 317
OECD 283n50, 302n94, 352
Okishio, Nobuo/ Okishio Theorem 158, 213–215, 352
Ollman, Bertell 31, 337n43, 352, 355
ontology of abstract labour 147n89, 148, 156, 162, 170–72, 174, 176, 178
organic composition of capital xii, 84, 131, 188, 200–1, 203–07, 210, 244, 250, 254, 257–58, 260, 267–69, 272, 274, 278, 280, 283–84, 289, 293–94, 300–01, 316
output-capital ratio 253
overproduction 189, 217–18, 220
Palmer, Bryan 12n16, 353
Panitch, Leo 209n16, 273n34, 341
Pareto, Vilfredo 83
Parijs, Philippe van 210–11, 213, 253
perfect competition 54, 81, 85n52, 125, 135, 137, 152
petty bourgeoisie 313–14, 332
philosophical idealism 37, 165, 167
philosophical materialism 19, 37
Piketty, Thomas 8, 353
Pilling, Geoffrey 111, 246, 353
planned economy xix, xx, 16n19, 257n6, 309–10, 334–35, 337–39
Popper, Karl 166
positivism 91, 165, 173–74, 176
postmodernism xiv, xv, xvi
poststructuralism xix
post-Sraffian 45, 101, 108, 110, 118, 140–41, 193
Postone, Moishe 100n3, 353
Poulantzas, Nicos 313–14, 353
praxis 178, 180–82, 191
precariat 12
pre-capitalist forces-relations dialectic 19, 21, 26–27, 29, 39
pre-capitalist modes of production/ social formations 19, 21, 27–28, 32, 36, 196
pre-capitalist value relations 27, 29
previously existing value (PEV) 79–80, 177n27, 231–32, 240, 264, 274–75, 277n40
price x, xi, xii, 45, 48–51, 53–56, 64–65, 74, 76, 77, 79, 81–82, 84–85, 97, 94–97, 101–02, 104–10, 112, 115–16, 119, 122–24, 126, 128–30, 132–33, 136, 140, 144, 146–55, 157–61, 169, 172, 176–77, 181–82, 184–85, 187, 189, 193–94, 197, 213–14, 216–20, 224, 244–47, 249–50, 264, 275n37, 279, 320–21, 323, 330, 333
price formation 53, 186, 189, 244
prices of production 36n34, 81–82, 91–93, 101, 103, 110, 120–23, 129, 132–33, 136, 144, 214, 245–46, 279, 323
principles of social organisation 12, 64, 182, 338
private property 5, 26–27, 333
productive capital 12, 77, 81, 232, 239, 256, 263, 265, 274–75, 278, 283, 290, 294, 297n87, 304–05
productivity 10n14, 11–12, 15–16, 48, 66, 187, 190, 196–202, 207–08, 210–12, 218–19, 221, 237, 244, 246, 253, 256, 259, 269, 280, 286, 299, 309, 315, 318–19, 338
profit ix, x, xi, xii, xiii, xvii, 7–8, 10–15, 41, 48–49, 51, 54, 64–65, 77–78, 80–82, 84–86, 92–94, 96, 98, 102–08, 116–18, 122–26, 129, 130–38, 141–42, 144, 149, 150n93, 151–52, 154, 158, 159n108, 161–62, 176–77, 185, 188–91, 198, 200–11, 213–21, 223–28, 231–34, 238–42, 243–60, 265–74, 276–316, 323, 333, 339
profit margin 198, 214, 217, 239
profit squeeze 190, 215, 254, 257n6, 259, 269, 316
proletariat, proletarianisation (see also working class) 39, 139, 308, 312–16, 328–30
property rights 27, 40
qualified labour 316, 320–21
rate of profit ix, xii, xiii, 15, 41, 65, 80–82, 84–86, 92–94, 98, 102–03, 106–08, 116–18, 122–25, 130–37, 141–42, 144, 149, 154, 158, 159n108, 161–62, 177, 188, 191, 198, 200–11, 213–21, 225, 232–33, 238–42, 244–48, 250–58, 260, 265n21, 267–70, 275, 278–80, 282–99, 303, 312, 323
rate of surplus-value 80, 84, 107, 181, 200, 202–09, 238–39, 241–42, 253, 258–60, 266n22, 267–68, 270–71, 278, 281n47, 284–87, 289–90, 293n78, 295–96, 299–300
rational-choice 23
rationality/ rationalisation xix, 8, 19–22, 25, 29–31, 36, 39, 41–43, 196, 257n6, 319
Ravagnani, Fabio 160, 353
Reagan, Ronald xx
real abstraction 26, 36–38, 43, 59, 90, 114–15, 132, 145, 148, 167, 185, 324
real contradiction 44, 64, 85–86, 117–18, 127
realisation (of values/prices/profits) 41, 77, 86, 126–27, 144, 215–18, 227–28, 236, 261, 264, 266, 269, 279, 291, 315
realism 44, 148n89, 166, 171, 174
reason xix, 25–26, 37, 43, 47
recession xv, 9, 11, 288–89, 297–98, 307
redistribution 76, 82, 117–18, 124, 137, 151, 197, 233, 248, 279, 291, 293–94, 303, 322
reformism (left) 191, 255, 309
Reich, Robert 8, 353
relations of production 10, 12–14, 16, 19–21, 23–24, 27, 29, 30–34, 41, 58, 62–64, 70–72, 75, 78–79, 81, 85–86, 103, 117, 137, 151, 173, 178–79, 185–87, 190, 192, 197, 202, 209, 218, 220–22, 242, 264, 311, 317–18, 329
relative form of value 67–69
relative surplus-value 199–200, 316
reserve army of labour 208, 211, 316
Reuten, Geert 139–40, 204n9, 215n34, 353
reversals (value-form) 68, 97, 173, 185
Ricardo, David ix, 47–51, 56, 101, 106, 109–12, 120, 158, 175, 182, 192, 244–45, 249, 353
Rigby, David L. 211n21, 253n1, 266n22, 358
rising strength of labour (crisis theory) 144, 254
rising TCC – stable OCC argument 208, 211–12
Roberts, Michael 9n12, 253n1, 255n4, 288–89, 302n94, 343, 353–54
Robinson, Joan x, 45–47, 54, 98, 169, 202n6, 203, 210, 354
Rosdolsky, Roman 354
Rubin, Isaac I. 21n5, 22, 36n34, 62–64, 100, 111, 114, 119, 145, 148n90, 236n33, 354
Russia 2, 4–5, 22, 35, 41–42, 222, 309, 326, 328
Saad-Filho, Alfredo 143n80, 154n98, 345, 354
Saez, Emmanuel 295, 306, 354
Samary, Catherine 337n43
Samuelson, Paul x, 56, 354
Sato, Takuya 253n1, 290–92, 354
Sayer, Andrew 166n6, 354
Sayer, Derek 30–36, 343, 351, 354
Sayers, Sean 166n6, 354
Say’s law 217–20
Schumpeter, Joseph 49–50, 52–53, 83, 354
science 8, 11, 16, 19, 26, 33, 37–38, 41, 44–45, 49, 53–58, 165–71, 180, 222, 318, 324–25, 335
scientific realism 44, 166
scientific socialism xii, 308, 332
Second International 90–91, 141
Seton, F. 96, 355
Seymour, Joseph 193n47, 194, 227n16, 257n6, 355
Shaikh, Anwar xv, 109, 113–14, 120, 123–34, 136, 143–45, 151–58, 160, 164n1, 193n48, 211n21, 213–15, 217, 229–31, 245, 248–53, 256–61, 264–65, 268–69, 273n33, 278n41, 279n42, 281n47, 285, 295, 297, 299n90, 306, 355
simple commodity production 19, 21, 26–29, 36, 40–41, 46, 196
simple reproduction 19, 21, 26–29, 36, 40–41, 46, 196
skill/ skilled labour 25, 63, 65, 210, 311, 316–22, 326
sliding scale of wages and hours 329–30
Smith, Adam ix, xi, xix, 1, 11, 13, 17, 47, 189, 356
Smith, John 252n20, 356
Smith, Murray E.G. ix, x, xii, xvin4,n5, 142n77, 145n83–84, 146n85, 173n23, 356–57
Smith, Tony 165n2, 357
social democracy 88, 141
social ontology 20, 24, 30–31, 33, 176, 178–80, 183, 185, 188
social structure of accumulation theory 254
socialism xii, xiv, xvii, xix, xx, 5, 7, 9, 17, 35, 41–42, 50, 139, 141, 191–94, 257n6, 278, 308–11, 313–18, 327–29, 331–32, 334, 336–39
socialism in one country (doctrine of) 194, 336
socialist consciousness 326–27, 331
socialist construction 16, 35, 191, 311, 334, 337–38
socialist planning xx, 141, 192–94, 310, 328, 337–38
socialist transformation xiii, 255, 307–08, 316, 327–28
socially equalised labour 86, 95, 195
socially necessary labour 13, 15, 36n34, 65–66, 78, 81, 84, 86, 95, 106, 110, 112, 127, 134, 149–50, 172, 174, 185, 199, 224–25, 231, 246, 276, 339
Söhn-Rethel, Alfred 26–27, 30, 36–40, 43, 196, 317n16, 324–25, 357
South Africa 326, 331
Soviet bloc xiv, xix, 2, 4, 222, 309
Soviet bureaucracy 335–36
soviet democracy 335, 338
Soviet Union 2, 4, 137, 192, 194, 334–36
Spain 326, 328
Sraffa, Piero x, 98–99, 101–06, 108–09, 136, 140, 154, 183, 279, 357
Stalin, Joseph 42, 167n8, 192, 194, 336, 357
Stalinism/ Stalinist xiv, xix, 16–17, 192, 194, 308–09, 313n8, 331, 335–37, 339
Standing, Guy 12n16, 357
Starosta, Guido 137–38, 323, 347, 357
state expenditures 233–34, 277
state forms/ functions 36, 234n30
Steedman, Ian x, 99, 105–10, 116, 118–19, 124–25, 128–36, 140, 160, 357
Stiglitz, Joseph 8, 357
subjective rationality/reason xix
substance of value xi, 61–63, 65–66, 87, 97, 100, 112, 125, 126–27, 145, 147–48, 155–56, 171–72, 177, 181, 185, 187–88, 224, 274
subsumption of labour 41, 199, 210–11, 316–19
superstructure 24–25, 31–32
surplus (social or economic) 21, 28, 39, 79, 101–05, 124, 128, 219, 229–30, 238–39, 249, 257–59
surplus labour 13, 80, 103–04, 125, 199, 225, 227, 230–31, 234n31, 287
surplus population 10, 12, 207–08
surplus-value xi, xii, 7, 9, 12–14, 41, 76–80, 82, 84–86, 92–96, 103–05, 107–08, 117, 119, 121, 123–24, 128–31, 134, 137, 144, 151–53, 158–62, 176, 181, 183, 189, 197–200, 202–08, 210, 214, 217–19, 223–42, 245, 247–48, 250–51, 253–61, 263–72, 274–96, 299–300, 304–06, 313, 316–17, 321n22, 322–23, 334, 339
Sweezy, Paul M. 21n3, 92–95, 110, 120–21, 123, 192–93, 203–05, 210, 217, 229n13, 230, 257–58, 259n9, 261, 341, 357
Syriza (Greece) 6
taxes and tax revenues 229, 233–35, 258, 266–67, 269, 271, 281–82, 285, 287, 289, 296, 298, 303–06
Taylor, Frederick W. 317
Taylor, K.W. 25n1, 256n5, 270–72, 279n42, 296n84, 305, 357
technical composition of capital 200–01, 206–08, 210, 212n24, 316
technical rationality 19–20, 22, 25, 29–31, 36, 39, 41–43, 196, 319
temporal modes of value 14n17, 177n27, 274
Temporal Single System Interpretation (TSSI) 139n74, 143–44, 154–58
temporalism 144n81, 152–54, 157–58, 183
Third International 141, 328–29, 357
thought abstraction 37–38
three-tier ontology 171, 174
Tonak, E. Ahmet 154n98, 211n21, 229n18, 253n1, 256n5, 260, 264, 265n21, 269n29, 279n42, 281n47, 295, 365
total value 14, 79–80, 82, 86, 93–94, 119–21, 123–24, 146, 149–52, 159, 161, 175, 204–05, 208, 228, 230–31, 269–71, 281–82, 292–93, 322
transformation (problem, procedure, process) 36n34, 83, 91–96, 105–10, 115–17, 120–24, 129–30, 138, 144, 150–54, 157–60, 163, 177n27
transitional demands/ program 328–31
transitional economy/ society 2, 16, 193–94, 336
triads (historical-materialist system of) 187
triple crisis of the 21st Century 6–9, 307
Trotsky, Leon/ Trotskyism 3n4, 42, 192–93, 308n5, 328, 330n33,n34, 335–38, 357–58
Ukraine 4, 6
underconsumptionism 9, 144, 215, 218–19, 229, 254, 257n6
underdevelopment 241, 245, 252
unemployment 6, 189, 193n48, 201, 304–05, 316, 330, 334, 339
unequal exchange 76, 243–47, 251–52, 279–80
uneven and combined development 42, 242, 246–47
uniform rate of profit 85, 103–04, 106, 124, 131–34, 136–37, 248, 280
Union for Radical Political Economics (URPE) 358
unions 50
United Kingdom, see Britain/British
United Nations Development Program 3
United States 241, 284, 302
universal equivalent 69, 175, 182
unproductive capital 225, 2343, 256, 263, 265, 268n27, 274, 281, 297n87
unproductive labour 223–40, 255–57, 261, 266–69, 281, 286–87, 295–96, 312–14
unskilled labour 320–21
use-value 15, 51, 58–62, 65–68, 89–90, 103, 113, 125, 128, 146, 149, 153, 168–69, 176, 180–81, 184–86, 210–12, 223–24, 235–37, 264–65, 335
valorisation xii, xiv, 7, 9, 79–80, 86, 1–3, 181, 189, 201, 217–19, 223, 225–26, 228, 233–35, 237, 239, 243, 247–48, 253–54, 256, 276–77, 303, 323
value abstraction 19, 22–23, 36–40, 43, 59
value categories xiv, 14, 79, 109, 130, 142, 151, 228–29, 232, 240, 253, 256–58, 261, 266, 274, 279–81, 295
value composition (of capital or output) 200, 206–07, 260, 266n22, 282, 300, 302
value form 51, 66, 68–70, 74, 81, 90, 97, 99, 100, 109–10, 115–19, 127, 153, 162, 170, 172, 173–76, 182, 185, 196
value-form theory 140–48, 154, 157, 159–60, 165n2, 191, 193, 279
variable capital 78–80, 82, 92–94, 103, 124, 151, 160–61, 203–07, 226–28, 232–35, 238–40, 242, 255–56, 260–64, 266, 268n27, 271–72, 274, 279, 281, 287, 293–95, 304–06
variable capital sui generis 227, 232
Vasudevan, Raama 253n1, 288–89, 341
Vitkin, Mikhail 22n9, 41n46, 358
vulgar economy 50–53, 125, 132, 190
wage-labour xi, 64, 78–79, 85, 186, 189, 199, 221, 228, 236, 261, 277, 313, 321n22, 322
wages xii, 4, 8, 10, 12–14, 51, 64, 80, 94, 103–04, 133, 185, 190, 192n46, 204n9, 206–08, 211, 213, 224–26, 233, 244–48, 253, 263n16, 266, 268n27, 269, 281, 287–88, 294–96, 300, 304–05, 316, 321n22, 329–30
Wagner, Adolph 58, 83, 180
Walras, Leon 45, 53, 358
Wall Street 301
wealth v, xix, 1–2, 4–5, 10–11, 13–16, 18, 40, 48, 51, 60, 75, 111, 185, 192n46, 194, 220, 236, 250, 276, 283, 293, 303, 318, 323, 333–34, 339
Webber, Michael 211n21, 253n1, 266n22, 358
Weber, Max/ Weberian social analysis 183, 313, 314n12, 358
Weeks, John 36n34, 191, 194, 209n16, 358
Weil, Robert 225n4, 314, 315n13, 358
Weisskopf, Thomas 253n1, 260, 342, 358
Winternitz, J. 95–96, 358
Wolff, Edward 192n46, 253n1, 260, 358
Wolff, Richard 339n46, 353
Wood, Ellen M. 313n8, 358
working class xii, xv, 3, 10, 16, 50, 56, 124, 137–38, 190, 217, 233n29, 235n32, 269, 278, 302–03, 308, 310–17, 319–22, 324–31, 334, 336, 339
Workman, Thom 166n6, 358
world capitalism xx, 4–7, 11–12, 98, 139, 242, 282
world history 42
world income inequalities 2
world market 42, 196, 216, 243–47, 252, 323, 331
world war x, xix, 2, 5, 83, 88, 222, 302, 307, 331, 335
Wright, Erik Olin 256n5, 314, 358
Wright, Ian 141
Yaffe, David 109, 124, 359
Yeltsin, Boris 2, 336
Yugoslavia 336
Zachariah, David 141, 359
Zasulich, Vera 42
zero-sum 13, 323
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