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E-grāmata: Neo-Marxism and Post-Keynesian Economics: From Kalecki to Sraffa and Joan Robinson

(Universiteit Antwerpen, Belgium)
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Piero Sraffa and Joan Robinson, both iconic Cambridge economists, were highly influenced by the economic theory of Karl Marx, and integrated important elements of Marx’s economic system into their theories. This book argues  that their can in fact be considered as essentially post-Keynesian neo-Marxist.



Piero Sraffa and Joan Robinson, both iconic Cambridge economists, were highly influenced by the economic theory of Karl Marx, and integrated important elements of Marx’s economic system into their theories. This book argues, based on published and unpublished documents, that the work of Sraffa and Robinson can in fact be considered as essentially post-Keynesian neo-Marxist.

The first part of the book reviews the intellectual development of several key thinkers to this neo-Marxist current in economic thought: Kalecki, Steindl, Baran and Sweezy. Part One and Part Two separately examine Robinson and Sraffa’s works and questions how they fit into this specific neo-Marxist current, either building on it (in Robinson’s case), or following another direction (in Sraffa’s case). Part Three observes Robinson’s theory of economic growth and its relationship to the views of Marx and Kalecki. Overall, Cuyvers demonstrates how their thought processes share characteristics with neo-Marxist key ideological ideas, such as stating or implying the labour theory of value as either redundant or wrong, emphasising the role of class struggle in the distribution of income and rejecting Marx’s falling rate of profits.

Following on from ideas briefly introduced in Cuyvers’s Economic Ideas of Marx’s Capital (2017), this book will particularly appeal to readers interested in the history of economic thought, the work of Sraffa, Robinson and Marx, post-Keynesian economics and neo-Marxism.

Part I: Post-Keynesian Neo-Marxism: The Trajectory

1. The core of Marxs economics and the monopolization of capitalism: An
Introduction to some major issues.

2. The Oxbridge connection: Sraffa, Kalecki, Steindl

3. The other side of the Atlantic

4. Piero Sraffa and Joan Robinson: Two directions of Post-Keynesian
neo-Marxism.

5. What remains of the post-Keynesian neo-Marxist economics? An unfinished
integration

Part II: Piero Sraffas neo-Marxist theory of value and distribution.

6. The work and life of Piero Sraffa

7. Let one hundred schools of thought blossom : Some major differences with
Marx

8. How were Sraffas theoretical insights received by the Marxists? A
timeline

9. What to conclude?

Part III: Joan Robinson: Modelling capitalist economic growth with Marxist
and neo-Marxist ingredients

10. Joan Robinsons life: A short overview.

11. Robinsons theory of economic growth and accumulation in a nutshell

12. Joan Robinsons and Marxs model and concepts compared

13. What is Joan Robinsons indebtedness to Sraffa?

14. Robinsons model of economic growth compared with Marx and with the
post-Keynesian neo-Marxism of the 1940s and 1950s.

15. What has remained of Robinsons post-Keynesian neo-Marxism?
Ludo Cuyvers is Emeritus Professor at the University of Antwerp, Belgium and Extraordinary Professor at North-West University, South Africa.