If we now accept a pure labor theory of value, or what might better be called a “theory of the…
Grants and Their Exchange Relationship
In general, we may say that if there is an attitude that identifies certain relations and transactions as illegitimate, it…
The Theory of Capital Value
It is by no means absurd to turn Marx on his head and develop a theory of capital value, arguing…
THE THEORY OF EXPLOITATION
We have reached what is perhaps the most difficult and controversial aspect of the grants economy: the problem of the…
The Real Dynamics of Capitalist Countries
The real dynamics of “fortunate” capitalist countries have been very different. The share of wages in national income has tended…