Acknowledgements
Chapter 2 is based, with only minor changes and additions, on my article of the same title that appeared in Science & Society, 56, no. 3 (1992).
Chapters 4, 5 and 6 contain several passages from my article ‘Understanding Marx’s Theory of Value: An Assessment of a Controversy’, which appeared in the Canadian Review of Sociology and Anthropology, 28, no. 3 (1991).
Chapter 6 contains several passages from two articles: ‘Alienation, Exploitation and Abstract Labor: A Humanist Defense of Marx’s Theory of Value’, which appeared in the Review of Radical Political Economics, 26, no. 1 (1994), and ‘Against Dualism: Marxism and the Necessity of Dialectical Monism’, which appeared in Science & Society, 79, no. 3 (2009).
Chapter 8 is substantially based on my article ‘Productivity, Valorization and Crisis: Socially Necessary Unproductive Labor in Contemporary Capitalism’, which appeared in Science & Society, 57, no. 3 (1993). Passages from it are also included in Chapter 10.
Chapter 10 incorporates parts of my article ‘Respecifying Marx’s Value Categories: A Theoretical and Empirical Reconsideration of the Law of the Falling Rate of Profit’, which appeared in Studies in Political Economy: A Socialist Review, 35 (1991); my article (co-authored by K.W. Taylor) entitled ‘Profitability Crisis and the Erosion of Popular Prosperity: The Canadian Economy, 1947–1991’, which appeared in Studies in Political Economy, 49 (1996); and my chapter (co-authored by Jonah Butovsky) entitled ‘Roots of the Global Crisis: Marx’s Law of Falling Profitability and the US Economy, 1950–2013’, which appeared in G. Carchedi and M. Roberts (eds), The World in Crisis (Haymarket, 2018). An earlier version of the latter piece (‘Profitability and the Roots of the Global Crisis: Marx’s “Law of the Tendency of the Rate of Profit to Fall” and the US Economy, 1950–2007’) appeared in Historical Materialism, 20, no. 4 (2012).
Chapter 11 incorporates passages from my books Global Capitalism in Crisis: Karl Marx and the Decay of the Profit System (Fernwood, 2010) and Marxist Phoenix: Studies in Historical Materialism and Marxist Socialism (Canadian Scholars Press, 2014).
The following publishers consented to reproduction or extensive quotation of copyrighted materials that appear here just as they did in the first edition: Penguin Books, for passages from Grundrisse by Karl Marx (1973, trans. Martin Nicolaus); Blackwell Publishers, for three graphs that appeared in The Imperiled Economy, vol. 1 (URPE 1987); Humanities Press, for passages from Marx’s Theory of Scientific Knowledge by Patrick Murray (1988); Verso, for figures that originally appeared on page 49 of Marx After Sraffa by Ian Steedman (1981) and on page 280 of The Value Controversy by Ian Steedman et al. (1979); and Verso, for passages from Anwar Shaikh’s ‘The Poverty of Algebra’, which also appeared in The Value Controversy (1979).