Brennan David M. - Routledge Handbook of Marxian Economics

Most developed economies are characterized by high levels of inequality and an inability to provide stability or opportunity for many of their citizens. Mainstream economics has proven to be of little assistance in addressing these systemic failures, and this has led both scholars and students to seek alternatives. One such alternative is provided by Marxian economics. In recent decades the field has seen tremendous theoretical development and Marxian perspectives have begun to appear in public discourse in unprecedented ways.

This handbook contains thirty-seven original essays from a wide range of leading international scholars, recognized for their expertise in different areas ofMarxian economics. Its scope is broad, ranging from contributions on familiar Marxist concepts such as value theory, the labor process, accumulation, crisis and socialism, to others not always associated with the Marxian canon, like feminism, ecology, international migration and epistemology. This breadth of coverage reflects the development of Marxian economic and social theory, and encompasses both the history and the frontiers of current scholarship. This handbook provides an extensive statement of the current shape and future direction of Marxian economics.

The Routledge Handbook of Marxian Economics is an invaluable resource for students, researchers and policy makers seeking guidance in this field. It is designed to serve both as a reference work and as a supplementary text for classroom use, with applications for courses in economics, sociology, political science, management, anthropology, development studies, philosophy and history.

David M. Brennan is Associate Professor of Economics at Franklin & Marshall College in Lancaster, PA, USA.

David Kristjanson-Gural is Professor of Economics and Senior Fellow of the Social Justice College at Bucknell University, PA, USA.

Catherine P. Mulder is Associate Professor of Economics and the Program Director at John Jay CollegeCUNY, USA.

Erik K. Olsen is Associate Professor of Economics at the University of MissouriKansas City and Research Fellow at the Rutgers University School of Management and Labor Relations, USA.

First published 2017

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British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

Library of Congress Cataloging in Publication Data

Names: Brennan, David M., editor. | Kristjanson-Gural, David, editor. | Mulder, Catherine P., editor.

Title: Routledge handbook of Marxian economics / edited by David M. Brennan, David Kristjanson-Gural, Catherine P. Mulder and Erik K. Olsen.

Description: New York : Routledge, 2017. | Includes index.

Identifiers: LCCN 2016043505 | ISBN 9781138774933 (hardback) | ISBN 9781315774206 (ebook)

Subjects: LCSH: Marxian economics. | Economic policy. | Social policy.

Classification: LCC HB97.5 .R658 2017 | DDC 335.4--dc23

LC record available at https://lccn.loc.gov/2016043505

ISBN: 978-1-138-77493-3 (hbk)

ISBN: 978-1-315-77420-6 (ebk)

For our friend, mentor and colleague whose vision, wisdom and dedication to Marxian economics made this handbook possible.

Stephen A. Resnick

October 24, 1938 January 2, 2013

Jack Amariglio is Professor of Economics at Merrimack College, USA, and former editor of the journal Rethinking Marxism. He is co-author (with David F. Ruccio) of Postmodern Moments in Modern Economics and co-editor (with Joseph Childers and Stephen Cullenberg) of Sublime Economy: On the Intersection of Art and Economics.

Erdogan Bakir is Associate Professor of Economics at Bucknell University in Lewisburg, PA, USA. His research has appeared in the Review of Radical Political Economics, Journal of Economic Issues and Science & Society: A Journal of Marxist Thought and Analysis.

Fabian Balardini is Associate Professor of Economics at the Borough of Manhattan Community College in New York City, USA. He is the author of Oil Price Cycles: A Theoretical and Empirical Investigation Using Marx s Theory of Value, and his research has appeared in Socialism and Democracy and Razon y Revolucion.

Drucilla K. Barker is Professor in the Department of Anthropology and the Women s & Gender Studies Program at the University of South Carolina, USA. She is a radical, feminist economist whose research interests are globalization, feminist political economy, and economic anthropology. Her work ranges from examinations of the roles of gender, race and class in social valuations of labor, especially affective labor, to feminist accounts of the financial crises that characterize late global capitalism.

Suzanne Bergeron is Professor of Womens Studies and Social Sciences and Director of Womens and Gender Studies at the University of MichiganDearborn, USA. In the 1980s, she was an undergraduate student of Stephen Resnick s, whose keen interest in the topic of theMarxian political economy of the household inspired her to pursue graduate study on the topic. She has since published widely on the topic of gender, development and social reproduction.

Rajesh Bhattacharya is Associate Professor in the Public Policy and Management Group at Indian Institute of Management Calcutta, India. He has also taught at South Asian University, University of Calcutta and Presidency University. He obtained his Ph.D. in Economics from University of Massachusetts, Amherst. His research areas include Marxian economic theory, political economy of development and Indian economic history.

David M. Brennan is Associate Professor of Economics at Franklin & Marshall College in Lancaster, PA, USA. His research has appeared in the Cambridge Journal of Economics, the Review of Radical Political Economics, Feminist Economics and Rethinking Marxism: A Journal of Economics, Culture & Society, among other publications.

Dick Bryan is Emeritus Professor of Political Economy at the University of Sydney, Australia. He currently works on the social significance of financial derivatives and their implications for theories of value.

Theodore Burczak is Professor of Economics at Denison University, USA. He is author of