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Understanding Marx: A Reconstruction and Critique of Capital
Robert Paul Wolff
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Preface
Introduction
One: The Concept of Reproduction
Two: Adam Smith and the Concept of Natural Price
Three: David Ricardo and the Labour Theory of Natural Price
Four: Marx’s Theory of Exploitation and Surplus Value
Five: Marx’s Theory of Natural Price
Six: Balanced Growth and the Conservation of Surplus Value
Technical Afterword to Chapter Six: A Numerical Example
Envoi: Some Doubts about Marx’s Theory of Value and Exploitation
Appendix A: A Formal Analysis of Ricardian and Marxian Political Economy
Section I: Some Important Facts about Matrices
Section II: Formal Conventions
Section III: Some Elementary Relationships
Section IV: The Existence of Meaningful Solutions to the Labour Value and Price Equations
Section IV.2 Proof of the Existence of Meaningful Solutions
Section V: Proofs of Propositions Asserted in the Text
Appendix B: An Analytical Reconstruction of Marx’s Value Categories
Robert Paul Wolff
Understanding Marx: A Reconstruction and Critique of Capital
