Murray E. G. Smith

Lecturer in Film Studies Murray Smith

The text is broad-ranging, integrating eleven studies that consider the theory of labour-value from historical, philosophical, and economic perspectives. Smith incorporates a thorough review of the controversy that has raged around Marx's theory of labour-value, reporting the key arguments of orthodox Marxists, neo-Ricardians, neo-orthodox Marxists, and fundamentalist Marxists. He concludes that the Marxian theory of labour-value remains a logically coherent and theoretically sound basis for understanding capitalism's historical-structural crises. Also included is a reconsideration of Marx's law of the falling tendency of the rate of profit along with a statistical analysis of long-term trends in the Canadian economy that lend support to Marx's vies.

The Marxist Critique of Market Despotism Beyond Postmodernism

Invisible Leviathan

This updated and expanded edition critically explores and makes significant contributions to the debate surrounding Karl Marx's "capitalist law of value.'

Marx's Law of Value in the Twilight of Capitalism

John S. Sorenson

Judith C. Blackwell

The principal theme of the book is that social science is at its best, and most exciting, when it confronts and refutes "cultures of prejudice"—intricate systems of beliefs and attitudes that sustain many forms of social oppression and that are, themselves, sustained by ignorance and fear of the unknown and the unfamiliar.

Murray E. G. Smith

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