Invisible Leviathan
Marx's Law of Value in the Twilight of Capitalism
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First published in 1994 as Invisible Leviathan: The Marxist Critique of Market Despotism Beyond Postmodernism by University of Toronto Press. This second and revised edition includes a new Foreword by Michael Roberts, and a Preface to the Second Edition.
Foreword
Preface to the Second Edition
Preface to the First Edition (Excerpts)
Copyright
Acknowledgements
Figures, Charts and Tables
1 Invisible Leviathan: Marx's
Law of Value in the Twilight of Capitalism
1 Reflections on Wealth, Human Development and the &'Triumph' of
Capitalism
2 The Triple Crisis of the Twenty-First Century
3 The Necessity of Marx's Value
Theory in the Twilight of Capitalism
2 The Value Abstraction and the Dialectic of Social Development
1 The Value Abstraction in Pre-capitalist History: Cognitive Faculties as Forces of Production 2 Cohen, Sayer
and Soehn-Rethel on Historical Materialism
3 Value Relations and Social Progress
4 An Unresolved
Issue
3 Science, Ideology and &'Economic Value'
1 The Labour Theory of Value in Classical
Political Economy
2 The Economics Profession Repudiates the Labour Theory of Value
3 Labour
Value: From &'Ricardian Socialism' to Marx
4 Marginalism versus Marx
5 Science, Ideology and
the Theory of Value
4 Marx's Capital and the Early Critiques
1 Elements of Marx's
Theory of Value
2 Value, Capital, and Exploitation
3 Value, Capitalist Competition, and the
General Rate of Profit
4 Traditional Criticisms and Orthodox Responses
5 The Controversy Surrounding
the &'Transformation Problem'
5 Currents within the Value Controversy
1 The Second
Phase of the Value Controversy
2 The Neo-Ricardian Challenge
3 Neo-Orthodoxy and the Rediscovery
of the Value-Form
4 Fundamentalist Value Theory
5 Trends in the Value Controversy since the
1990s
6 An Assessment of the Value Controversy
1 Preliminary Thoughts on the Road
Just Travelled
2 Some Philosophical and Methodological Considerations
3 Theoretical Considerations
4 Value Theory and Programme
7 Value, Economy and Crisis
1 Capitalist
Development and Its Cyclical Crises
2 The Falling Rate of Profit and the Dimensions of Capitalist Crisis
3 Tendencies Counteracting the Fall in the Rate of Profit
4 Theoretical Arguments Surrounding
the Law of the Falling Rate of Profit
5 Dimensions of Capitalist Crisis
6 Crises of Valorisation
and Crises of Realisation
7 The Historical-Structural Crisis of Capitalism
8 Socially
Necessary Unproductive Labour, Valorisation and Crisis
1 Marx and the Problem of Unproductive Labour
2 SNUL and Marx's Value Categories
3 Constant Capital and Capital Fetishism
4 Theoretical
Advantages of Treating SNUL as Constant Capital
9 Imperialism, Unequal Development and the Law of
Value
1 Unequal Capitalist Development on a World Scale
2 Emmanuel's Theory of Unequal Exchange
3 Critiques of Emmanuel
4 Shaikh's Critique of Emmanuel and the Ricardian Theory of Trade
10 &'Testing Marx' in the Twil