The Relevance of Today's Marx on Economic Thought

The research is aimed to disclose the current relevance of Marx’s theoretical corpus. First, we emphasize that the labor theory of value is a monetary theory of production that allows us to resolve successfully the inconsistencies derived from the marginalist notion of capital. We argue that the Mar...

Descripción completa

Detalles Bibliográficos
Autor: Boundi Chraki, Fahd
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2021
País:México
Institución:UNIVERSIDAD AUTÓNOMA METROPOLITANA
Repositorio:Denarius
Idioma:español
OAI Identifier:oai:denarius.izt.uam.mx:article/492
Acceso en línea:https://denarius.izt.uam.mx/index.php/denarius/article/view/492
Access Level:acceso abierto
Palabra clave:Value
Capital
Money
Competition
valor
capital
dinero
competencia
Descripción
Sumario:The research is aimed to disclose the current relevance of Marx’s theoretical corpus. First, we emphasize that the labor theory of value is a monetary theory of production that allows us to resolve successfully the inconsistencies derived from the marginalist notion of capital. We argue that the Marxian theory of money embodies a theory of endogenous money. Lastly, we show that Marx’s competition approach constitutes the basis of criticism of the conventional theory of international trade.