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The Psychopathology of Walrasian Marxism

Alan Freeman

MPRA Paper from University Library of Munich, Germany

Abstract: This text comprises chapter 1 of Marx and non-equilibrium Economics[1]. It specifies a non-equilibrium (temporal) interpretation of Marx’s theory of value which demonstrates a fully consistent transformation of values into prices and reproduces Marx’s tendential law of the falling profit rate. It seeks to explain why this approach to value is inaccessible to consciousness under present social relations, and why resistance to its acceptance has been particularly strong among Marxists. [1] Freeman, A. (1996b) ‘The psychopathology of Walrasian Marxism’, in Freeman, A.. and Carchedi, G. (eds) (1996), Marx and Non-Equilibrium Economics, pp1-29. Cheltenham: Edward Elgar. ISBN 1 85898 268 5.

Keywords: Temporalism; TSSI; Value; Marx; rate of profit; transformation; non-equilibrium; Walras (search for similar items in EconPapers)
JEL-codes: B12 B13 B14 B24 B4 B5 B50 B51 (search for similar items in EconPapers)
Date: 1996
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Citations: View citations in EconPapers (3)

Published in Freeman, A. and Guglielmo Carchedi 'Marx and non-equilibrium economics', Aldershot: Edward Elgar (1996): pp. 1-29

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