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Palgrave Macmillan

In the Tracks of Marx’s Capital

Debates in Marxian Political Economy and Lessons for 21st Century Capitalism

  • Book
  • Jul 2024

Overview

  • Addresses a rich variety of topics in Marxian political economy
  • Serves as an introduction to the literature on the measurement of Marxian categories such as surplus value
  • Brings Marxian analysis of capitalism up to date with contemporary challenges including technology and social media

Part of the book series: Palgrave Insights into Apocalypse Economics (PIAE)

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Keywords

  • Marxian Economics
  • Marxist Political Economy
  • Critique of Political Economy
  • Neo-Ricardianism
  • Measuring Surplus Value
  • Measuring the Rate of Profit
  • Economic Crisis

About this book

This book provides an accessible introduction to Marx’s seminal work Capital and explores the core ideas of Marxian political economy relevant for modern day economies. The first part gives an overview of Capital based on the authors’ original thinking in the methodology of Capital. The second part discusses the application of these ideas to some understudied questions of measuring profit on alienation, the rate of exploitation, the reconstruction of input-output tables, and the role of the welfare state and social wage. The third part sets forth new research in Marxian analysis in the 21st century, facing the challenges brought about by digital labor and the deep crisis of the global economy. The last part discusses the Marxism/Neo-Ricardianism controversy.

Authors and Affiliations

  • Istanbul Okan University, Istanbul, Türkiye

    Sungur Savran

  • Smith College, Northampton, USA

    E. Ahmet Tonak

About the authors

Sungur Savran is a graduate of Brandeis University in politics and holds a PhD in economics from Istanbul University. He has  taught as visiting scholar at universities in the United States. He is actively engaged in socialist politics.

E. Ahmet Tonak is a Research Affiliate at Smith College. He has taught economics for many years at Bard College at Simon’s Rock, Istanbul Bilgi University, and has been a visiting professor at Middle East Technical University in Ankara and UMass Amherst. He has published widely in English and in Turkish.

Bibliographic Information

  • Book Title: In the Tracks of Marx’s Capital

  • Book Subtitle: Debates in Marxian Political Economy and Lessons for 21st Century Capitalism

  • Authors: Sungur Savran, E. Ahmet Tonak

  • Series Title: Palgrave Insights into Apocalypse Economics

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2024

  • Hardcover ISBN: 978-3-031-58342-1Due: 09 August 2024

  • Softcover ISBN: 978-3-031-58345-2Due: 09 August 2024

  • eBook ISBN: 978-3-031-58343-8Due: 09 August 2024

  • Series ISSN: 2523-8108

  • Series E-ISSN: 2523-8116

  • Edition Number: 1

  • Number of Illustrations: 20 b/w illustrations

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