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UNPRODUCTIVE ACCUMULATION IN THE UNITED STATES: A NEW ANALYTICAL FRAMEWORK
In this paper I offer an innovative analysis of unproductive accumulation in the United States economy from 1947 to 2011. I develop a new theoretical and empirical framework to analyze theExpand
Valueless Knowledge-Commodities and Financialization
We present a Marxian theory of the capitalist production of knowledge and of financialization as two processes subsumed under the principle of autonomization of capital. Our approach consists ofExpand
The Oxford Handbook of Karl Marx
Karl Marx is one of the most influential writers in history. Despite repeated obituaries proclaiming the death of Marxism, in the 21st century Marx's ideas and theories continue to guide vibrantExpand
Modern Rent-Bearing Capital: New Enclosures, Knowledge-Rent and the Reproduction of Valueless Commodities
This paper proposes an alternative approach to understand some current changes in capitalism by shifting the theoretical emphasis to the production process and to the commodity form. To accomplishExpand
The autonomisation of abstract wealth: new insights on the labour theory of value
We theorise the forms of value in the Marxist system in a way that challenges the dominant tradition. The standard procedure has been to read Marx’s Capital as an analysis that begins at a high levelExpand
Modern Rent-Bearing Capital: New Enclosures, Knowledge- Rent and the Financialization of Monopoly Rights
This article advocates that a better approach to financialization is to shift the emphasis to the production process and to the commodity form. To accomplish this, we show how modern-day capitalismExpand
Unproductive accumulation in the USA: a new analytical framework
In this paper I offer an innovative analysis of unproductive accumulation in the United States economy from 1947 to 2011. I develop a new theoretical and empirical framework to analyze theExpand
The Continuing Relevance of Marx and Marxism
This chapter is the introduction to The Oxford Handbook of Karl Marx. It summarizes Marx’s enduring relevance by demonstrating the continuing applicability of his concepts and theories toExpand
Effective demand and Say’s law in Marxist theory: an evolutionary perspective
In this paper I theorize the roles of effective demand and Say’s Law in the Marxist theory of exploitation and accumulation. I claim that an exogenous rate of exploitation implies deploying theExpand
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