Based on our discussion on the labor theory of value against both classical political economy and modern marginalist theories I post this link to a Paul Krugman piece from the NYT Magazine earlier this year. In it you can see ...Read More

While the point of the chapter is to lay out the terms that govern capitalist society, I think we can spin out much of the chapter by continuing our Robinson Crusoe discussion. Marx started by asking how exchange was possible, ...Read More