Redstar reading subgroup is starting today!

We dive into "Towards New Socialism" by Paul Cockshott & Allin F. Cottrell

-> Join us next time. Info's here:
https://app.element.io/#/room/#redstar-public:matrix.org

#Socialistplanning #Cybernetics #Marxianeconomics #Marxism #socialism

Fundamentals of Marx: The Monetary Expression of Labor Time

https://tankie.tube/w/nN1w3tS3kWKJAAed3RuYyZ

Fundamentals of Marx: The Monetary Expression of Labor Time

PeerTube

Isikara and Mokre find that “international value transfers are substantial, corresponding to 5.9 percent of annual global output in production industries during the period 1990-2020, with a cumulative figure of a staggering $70trn.” Mexico, Indonesia, Russia, South Korea, and Brazil are the largest net givers of value, while the US, Japan and China are among the largest net gainers of value transfers in international trade.

https://thenextrecession.wordpress.com/2025/10/03/the-frontiers-of-value/

#marxianEconomics #economics #macroEconomics

The frontiers of value

Güney Işıkara and Patrick Mokre have published an insightful book that explains how Marx’s theory of value operates to explain the trends and fluctuations in modern capitalist economies. Called Mar…

Michael Roberts Blog

"Without a destruction or devaluation of capital on a large scale, a reversal of the world rate of profitability trend is unlikely in the foreseeable future."

"Profitability is the driver of capital accumulation and a key factor, globally and nationally, for economic growth and crisis. […] A downward trend for the rate is consistently found".

https://thinkhammerly.wordpress.com/2025/02/17/analysing-the-world-rate-of-profit-a-new-approach/ by @thinkhammerly

#profit #growth #tech #technology #capitalism #marxianEconomics #macroEconomics #politicalEconomy #economics

Assessing Global Data Sources for Marxian Profit-Rate Analysis

Building on earlier calls for a centralised, open-source repository, I benchmark six major databases against Australia’s ABS and the US BEA to identify the strongest candidates for a Marxian analys…

Think Hammerly
Review: The “Law of the Falling Tendency of the Rate of Profit”: Its Place in the Marxian Theoretical System and Relevance to the U.S. Economy https://thinkhammerly.wordpress.com/2025/07/23/review-law-of-the-falling-tendency-of-the-rate-of-profit/ #Capitalism, #MarxianEconomics, #Marxism, #PoliticalEconomy, #RateOfProfit, #Review
Review: The “Law of the Falling Tendency of the Rate of Profit”: Its Place in the Marxian Theoretical System and Relevance to the U.S. Economy

A “review” of Shane Mage’s thesis: The “Law of the Falling Tendency of the Rate of Profit”: Its Place in the Marxian Theoretical System and Relevance to the U.S. Economy

Think Hammerly

@economics @economics-that-works (1/5)

Ann Davis: “Radical Political Economy will make clear the political choices, while mainstream economics will claim that there are none.”

by Michael Roberts
https://thenextrecession.wordpress.com/2025/06/25/ahe-2025-imperialism-china-and-financialisation/

#China #marxistEconomics #MarxianEconomics #economicTransfers #imperialism #MichaelRoberts #wages #economics #economy

AHE 2025: imperialism, China and financialisation

Last week the annual conference of the Association for Heterodox Economics (AHE) took place in London.  I quote from the AHE website: “Formed in 1999 to provide an annual conference where all …

Michael Roberts Blog

Marxian Profitability: A Solo Act

Most publications on Marxian rate of profit have been solo written. Research in the field has risen dramatically since the global financial crisis.

https://thinkhammerly.wordpress.com/2025/07/18/marxian-profitability-a-solo-act/ #BibliometricAnalysis, #Capitalism, #Economics, #MarxianEconomics, #Marxism, #RateOfProfit

Marxian Profitability: A Solo Act

Most publications on Marxian rate of profit have been solo written. Research in the field has risen dramatically since the global financial crisis.

Think Hammerly
Wanted: A Marxian Database

On the benefits of a centralised, open-source, Marxian database

Think Hammerly
The Rise of Productive Labour in the US
This post shows that, disregarding the Covid-19 disruption, the US's productive labour has risen in absolute and relative terms. https://thinkhammerly.wordpress.com/2025/02/23/the-rise-of-productive-labour-in-the-us/ #Economy, #LabourCategories, #MarxianEconomics, #ProductiveLabour, #Tariffs, #Trump
The Rise of Productive Labour in the US

This post shows that, disregarding the Covid-19 disruption, the US’s productive labour has risen in absolute and relative terms.

Think Hammerly