After Marx and Sraffa : essays in political economy

Recent events in Eastern Europe have underlined the limitations of Marxian economic and political theory. In this collection of essays Hodgson subjects Marxian economic theory to critical examination and shows which elements retain their modern relevance. After analysing the contribution of Sraffa, and indicating its critical potential and theoretical limitations, Hodgson points to a new synthesis embracing Marx, Keynes and Veblen. A collection of essays on the economic theories of Marx and Sraffa, and the links between them, which go on to examine the work of American institutionalists like Veblen. Hodgson's other titles include "Capitalism, Value and Exploitation" and "Socialism and Parliamentary Democracy"