{"product_id":"is-marxs-theory-of-profit-right-the-simultaneist-temporalist-debate-paperback","title":"Is Marx's Theory of Profit Right?: The Simultaneist-Temporalist Debate - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eNick Potts\u003c\/b\u003e (Editor), \u003cb\u003eAndrew Kliman\u003c\/b\u003e (Editor), \u003cb\u003eChris Byron\u003c\/b\u003e (Contribution by)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis collection focuses on a long-running debate over the logical validity of Karl Marx's theory that exploitation is the exclusive source of capitalists' profits. The \"Fundamental Marxian Theorem\" was long thought to have shown that orthodox Marxian economics succeeds in replicating Marx's conclusion. The debate begins with Andrew Kliman's disproof of that claim. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eOn one side of the debate, representing orthodox Marxian economics, are contributions by Simon Mohun and Roberto Veneziani. Although they concede that their simultaneist models cannot replicate Marx's theory of profit in all cases, they insist that this is as good as it gets. On the other side, representing the temporal single-system interpretation of Marx's theory (TSSI), are contributions by Kliman and Alan Freeman. They argue that his theory is logically valid, since it can indeed be replicated when it is understood in accordance with the TSSI. \u003cp\u003e\u003c\/p\u003eWhile the debate initially focused on logical concerns, issues of pluralism, truth, and scientificity increasingly assumed center stage. In his introduction to the volume, Nick Potts situates the debate in its historical context and argues forcefully that the arguments of the orthodox Marxist economists, and the manner in which those arguments were couched, were \"suppressive and contrary to scientific norms.\" \u003cp\u003e\u003c\/p\u003eThe volume concludes with a 2014 debate, in which many of the same issues re-surfaced, between the philosopher Robert Paul Wolff and proponents of the TSSI.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eNick Potts is professor of economics at Southampton Solent University in the United Kingdom. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eAndrew Kliman is professor emeritus of economics at Pace University in New York and editor of the Lexington Books series Heterodox Studies in the Critique of Political Economy.\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 189\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.45 x 9 x 6 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e April 11, 2019\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":52694618571026,"sku":"9780739196335","price":86.31,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0941\/2211\/5346\/files\/0t2-GEyfQ79780739196335.webp?v=1789002156","url":"https:\/\/ckbookstore.net\/products\/is-marxs-theory-of-profit-right-the-simultaneist-temporalist-debate-paperback","provider":"CK BOOKSTORE","version":"1.0","type":"link"}