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"This is a very important, timely book. Capitalism's three crashes since 2000 plus its ever-deepening inequalities lead people everywhere to seek the kinds of critical analysis Marx exemplified and that David Ruccio has built upon. Ruccio is well prepared and positioned to bring a powerful and directly relevant Marxian economics to a time that needs it more than ever."Richard D. Wolff, University of Massachusetts, Amherst, and founder of Democracy at Work"Marxism remains central to our understanding of capitalism and the inequities it creates. Marxism as a theory also requires regular scrutiny and rethinking as economies evolve. Ruccio's book provides both a solid treatment of the basic principles and the foundations for the rethinking that must be part of any meaningful paradigm. Amidst the vast literature, this book is a standout. It is sophisticated and accessible, crisply written and consistently relevant."William Milberg, The New School for Social Research
About the AuthorPrefaceAcknowledgementsGlossaryReferencesVariablesPart 1Chapter 1 Marxian Economics TodayChapter 2 Marxian Versus Mainstream EconomicsChapter 3 Origins of the Marxian Critique of Political EconomyPart 2Chapter 4 Commodities and MoneyChapter 5 Surplus-Value and ExploitationChapter 6 Profits, Wages, and Distribution of Surplus-ValuePart 3Chapter 7 Applications of Marxian EconomicsChapter 8 Debates in and around Marxian EconomicsChapter 9 Transitions to and from CapitalismNotesIndex
David F. Ruccio is Professor of Economics Emeritus at the University of Notre Dame.