This book constitutes an overview of recent developments in political economy in general, and Marxist value theory in particular. The implications of value theory for bank credit, inflation and deflation are fully explored

The first chapter draws upon a Hegelian-Marxist concept of concrete evil, connecting malevolence to ruling elites, while additionally addressing sub-surface political forces. It is followed by deep political analysis of drugs, in addition to oil, as controlling factors of US wars. Both chapters...

This paper examines the relationship among Marxian determinants of surplus value and gross output. Two versions of a Marxian-based computer model that permit simulation and sensitivity analysis are discussed and an example provided by Marx in Chapter 17 is replicated. Estimates of aggregate...