The essays in this volume, first published in 1989, seek to
re-examine an important area of economic theory: value and
distribution. In a sustained and analytical critique, two principle
methodological approaches are compared and distinguished: the
Classical or 'surplus-based' theories and the
demand-and-supply-based equilibrium (DSE) theories. Although the
essays are primarily concerned with value and distribution, the
critique necessarily extends to the theory of output and
employment, and in general, to the theory of trade and
accumulation. The book will be an invaluable reader for students of
economic thought, capital theory and Marxian political economy.
General
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