Marx after Sraffa

Marx after Sraffa
Author Ian Steedman
Country United Kingdom
Language English
Subject Karl Marx, labor theory of value
Published 1977
Media type Print (Hardcover and Paperback)
ISBN 978-0902308497

Marx after Sraffa is a 1977 book about Marxist economics by Ian Steedman, in which Steedman argues against the labor theory of value. Steedman has been criticized for alleged misunderstandings of Karl Marx.

Summary

Steedman offers a neo-Ricardian reading of Marx.[1] He employs Piero Sraffa's work to argue against the labor theory of value.[2]

Scholarly reception

Political scientist David McLellan writes in the 1995 edition of his Karl Marx: His Life and Thought that Steedman's reading of Marx has been influential.[3] Philosopher Roger Scruton notes that Steedman provides the most notable argument against the labor theory of value from the New Left.[4] Ernest Mandel sees Marx after Sraffa as another critique of Marx's Capital, and accuses Steedman of misunderstandings of Marx similar to those made by Paul Sweezy in his The Theory of Capitalist Development (1942).[5]

See also

References

Footnotes

Bibliography

Books
  • Marx, Karl; Mandel, Ernest (1991). Capital, Volume 1. London: Penguin. ISBN 0-14-044570-6. 
  • McLellan, David (1995). The Thought of Karl Marx. London: Papermac. ISBN 0-333-63948-0. 
  • Scruton, Roger (1985). Thinkers of the New Left. Harlow: Longman Group Limited. ISBN 0-582-90273-8. 
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