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Radical Political Economy: Sraffa Versus Marx

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Book Details

  • Author: Hahnel, Robin

  • Brand: Routledge

  • Edition: 1st Edition

  • Binding: Paperback

  • Number of Pages: 118

  • Release Date: 21-06-2017

  • EAN: 9781138050037

  • Package Dimensions: 8.5 x 5.4 x 0.4 inches

  • Languages: English

About The Book
Radical Political Economy: Sraffa Versus Marx presents a critical and accessible comparison between the Sraffian and Marxian economic frameworks. Written by Robin Hahnel, this book addresses a longstanding gap in radical political economy: the need for a coherent alternative to formal Marxian economic theory. It offers a third choice for those torn between maintaining the outdated labor theory of value or abandoning Marxian critique altogether.

The book provides a point-by-point analysis of key concepts, including prices, profits, technological change, economic crises, environmental sustainability, and the moral case against capitalism, exploring how the Sraffian model surpasses Marx's formal analysis in each case. This comparison is presented in a manner that is highly accessible, making the complex theories of both Marx and Sraffa understandable for a broad audience.

For students, academics, and anyone interested in political economy, the history of economic thought, or philosophical theory, this book offers essential insights into Marxism and Sraffian theory, suggesting how modern tools can enhance the critique of capitalism.