This is a proposal to restate the theory of capital along critical Marxian lines aimed at providing a better … integration of the theory of capital with the theory of money and finance. The time value of money must be properly accounted for … explicit and implicit cost components, including the financial cost of capital. MEV should not be confused with MELT, the ‘New …

’s theoretical treatment of value and capital. It implies the abandonment of the ‘pure’ labour theory of value of the young Marx in … favour of a ‘mixed’ labour-and capital theory of value reflecting the different theoretical perspective shown by the mature … capital is criticized, for its disregard of the financial cost of invested capital. Foley’s ‘New Interpretation’ of Marx …

This is a paper on the theory of capital. It deals with the role of capital in a cost-of-production theory of value in … which both labour and capital are directly productive. The guidelines of an analytical method are proposed. Marx’s ‘monetary … out the need to abandon the labour theory of value and to rely on a broader labour-and-capital monetary theoretical …

, exports, capital and labour in the case of Turkey using the time series data for the period 1968-2008. This research tests the … interactively through the error correction term from labour, capital, exports and energy consumption to aggregate output. In the … from exports to energy consumption too. The long-run relationship of aggregate output, energy consumption, exports, capital …

returns to labour and capital, in a simple economy. …

simultaneously determine the interrelated demand for capital structures, equipment and labour, are analyzed using quarterly Dutch …

This essay provides a simple, non-technical reformulation of Marx’s theoretical treatment of value and capital. It …

This is an analysis of the present state of the theory of capital. The paper contains a proposal to reformulate this … value and capital with those of money and finance. An augmented cost-of-production theory of value is advocated. Special …

and capital, indicated by replacement of the former by the latter, and changes in returns-to-scale have been examined by … substitution of capital for labour in almost all states. In the pre-globalization period the industries experienced increasing … capital, and the resultant output. …