Originally published in With Sober Senses on February 9, 2018. Republished with permission of Marxist-Humanist Initiative. Andrew Kliman responds to a plagiarized “critique” of the TSSI and Marx’s value theory that has been circulating on the internet. “Caveat Non Emptor!” by Andrew Kliman An online “critique” of the temporal single-system interpretation (TSSI) of Marx’s value …
This paper, published in 2016, provides a prophetic background to the February 2018 stock-market shock using a value-theoretic analysis of the role of financial markets in today’s capitalist economy. It is a prepublication version of the paper that appeared in Marxism 21, Vol 20, issue 2, pp 190-206, and should be cited as such. Abstract …