{"product_id":"money-and-totality-9789004216556","title":"Money and Totality","description":"This ambitious book presents a comprehensive new 'macro-monetary' interpretation of Marx’s logical method in \u003ci\u003eCapital\u003c\/i\u003e, based on substantial textual evidence, which emphasises two main points:  (1) Marx’s theory is primarily a macroeconomic theory of the total surplus-value produced in the economy as a whole; and (2) Marx’s theory is a monetary theory from beginning to end and the circuit of money capital –  M - C - M’ –  is the logical framework of Marx’s theory.  It follows from this 'macro-monetary' interpretation that, contrary to the prevailing view, there is no 'transformation problem' in Marx’s theory; i.e., Marx did not 'fail to transform the inputs of constant capital and variable capital' in his theory of prices of production in Part 2 of Volume III.","brand":"Fred Moseley","offers":[{"title":"Default Title","offer_id":48270223638779,"sku":"9789004216556","price":228.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0779\/3917\/9771\/files\/CoreSourceHub_658678f6-6271-443e-823f-53d200508b8b.jpg?v=1778022675","url":"https:\/\/indiepubs.com\/products\/money-and-totality-9789004216556","provider":"IndiePubs","version":"1.0","type":"link"}