Political Economy and Contemporary Capitalism2015

The book presents a high-impact re-reading of core topics in the Marx and Marxist debates including: value theory, the commodity nature of money, complex or skilled labour, the determination of the value of labour-power and the nature of extraordinary surplus-value. Drawing on this literature, the book provides original and innovative insights into key controversies in contemporary capitalism such as the increasingly intellectual character of commodity-producing labour, the emergence of global value chains, the relevance of ground-rent bearing commodities, and the specific, uneven developmental dynamics of "resource-rich" countries in the global process of capital accumulation. Contributing to the renewed vitality of critical studies of the economic works of Karl Marx, this book will be essential reading for all those interested in contemporary debates within Marxism, as well as readers of political economy, economics, development studies and economic sociology.