Economists and policy-makers often present per capita gross domestic product (GDP) as by far the most significant indicator of economic well-being. Such measures are frequently adopted in making international comparisons, constructing time-series for particular countries and in studies of...

This paper discusses the philosophical foundations of game-theoretic Marxism. Initially the reductionist pretensions of analytical Marxism, which has practised game-theoretic Marxism, are considered and rejected. After advancing an anti-reductionist game-theoretic formulation of Marx’s...

This paper, which is predicated on the view that reductions in work-time are generally desirable, explores the working hours of managers and professionals in UK industry. Managers and professionals are often grouped together in empirical and theoretical work, e.g. in the literature on the...

This paper contributes to our understanding of the determinants and dynamics of surplus-value using quarterly UK data, 1955--2010, and the Johansen (1988, 1991) cointegration and vector error correction model (VECM). A model is introduced to define this Marxian concept, before we explain...

Economists and policy-makers often present per capita gross domestic product (GDP) as by far the most significant indicator of economic well-being. Such measures are frequently adopted in making international comparisons, constructing time-series for particular countries and in studies of...