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Following the success of previous Training Workshops, the International Initiative for the Promotion of Political Economy will run a one-day introductory training workshop in Marxist Political Economy on 6 November 2013 at the School of Oriental and African Studies, London, the day before the start of the annual Historical Materialism Conference (also at SOAS).

We are seeking an audience of engaged participants, including undergraduate, postgraduate students, junior academics and activists, who have a particular interest in acquainting themselves with the basic principles of Marxian political economy.

As this is an introductory workshop, it will assume no prior knowledge and will be led by Simon Mohun and Alfredo Saad-Filho.

If you wish to attend the workshop, please send your name and occupation to Elisa Van Waeyenberge <> before 15th of October 2013.




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Following successful Training Workshops in Marxist Political Economy in London in June 2012 and March 2013, IIPPE announces its 3rd Training Workshop. This will be held over 1 day on Monday 8 July at the ISS in The Hague, the day before the start of the IIPPE Annual Conference, to take place also at the ISS in The Hague. This is therefore an excellent opportunity to combine the Training Workshop with attendance at the IIPPE Annual Conference.

While we cannot fund travel costs, we have space for 90 participants, and for 40 of these we have secured funding for 4 nights accommodation (7 July to 10 July). If you wish to attend the Training Workshop, please send a short paragraph giving your reasons to Elisa van Waeyenberge (

Please also make it clear whether you are applying for one of the 40 funded places. We expect oversubscription for these funded places; if so we will give priority to students and others who cannot obtain institutional funding to attend the Conference.

Please apply AS SOON AS POSSIBLE. We hope to allocate the funded places by the end of April at the latest.


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Global Economy


The Elgar Companion To Marxist Economics
Edited by Ben Fine, Professor of Economics and Alfredo Saad-Filho, Professor of Political Economy, School of Oriental and African Studies, University of London, UK with Marco Boffo, PhD candidate,  School of Oriental and African Studies, University of London, UK

January 2012
432 pp
Hardback 978 1 84844 537 6
Hardback £135.00 on-line price £121.50

Series: Elgar original reference


This Companion takes stock of the trajectory, achievements, shortcomings and prospects of Marxist political economy. It reflects the contributors’ shared commitment to bringing the methods, theories and concepts of Marx himself to bear across a wide range of topics and perspectives, and it provides a testimony to the continuing purpose and vitality of Marxist political economy.


Contributors include: G. Albo, R. Albritton, D. Ankarloo, S.J. Ashman, A.J. Ayers, R. Balakrishnan, J. Banaji, S. Bisnath, M. Boffo, T.J. Byres, A. Campbell, P. Cerni, P. Chattopadhyay, S. Clarke, A. Colás, G.C. Comninel, M. Di Meglio, P.L. dos Santos, G. Duménil, B. Fine, J. Ghosh, G. Hoe-Gimm, H. Goodacre, B. Gruffydd-Jones, B. Harriss-White, K. Hart, M. Itoh, H. Jeon, B. Jessop, D. Johnston, R. Kiely, S. Knafo, D. Laibman, D. Lévy, D. Lo, T. Marois, P. Masina, S.D. Mavroudeas, D. Milonakis, S. Mohun, S. Newman, P. Patnaik, U. Patnaik, L. Pradella, H. Radice, A. Saad-Filho, S. Savran, G. Slater, T. Smith, E. Swyngedouw, B. Tinel, A. Toscano, J. Weeks, E. Wood, A. Zack-Williams, P. Zarembka, Y. Zhang

Further information

This Companion takes stock of the trajectory, achievements, shortcomings and prospects of Marxist political economy. It reflects the contributors’ shared commitment to bringing the methods, theories and concepts of Marx himself to bear across a wide range of topics and perspectives, and it provides a testimony to the continuing purpose and vitality of Marxist political economy.

As a whole, this volume analyzes Marxist political economy in three areas: the critique of mainstream economics in all of its versions; the critical presence of Marxist political economy within, and its influence upon, each of the social science disciplines; and, cutting across these, the analysis of specific topics that straddle disciplinary boundaries. Some of the contributions offer an exposition  of basic concepts, accessible to the general reader, laying out Marx’s own contribution, its significance, and subsequent positions and debates with and within Marxist political economy. The authors offer assessments of historical developments to and within capitalism, and of its current character and prospects. Other chapters adopt a mirror-image approach of pinpointing the conditions of contemporary capitalism as a way of interrogating the continuing salience of Marxist analysis.

This volume will inform and inspire a new generation of students and scholars to become familiar with Marxist political economy from an enlightened and unprejudiced position, and to use their knowledge as both a resource and gateway to future study.

Full table of contents

Ben Fine and Alfredo Saad-Filho

1. Accumulation of Capital
Paul Zarembka

2. The Agrarian Question and the Peasantry
Terence J. Byres

3. Analytical Marxism
Marco Boffo

4. Anthropology
Keith Hart

5. Capital
Jayati Ghosh

6. Capitalism
Ellen Wood

7. Centrally Planned Economy
Dic Lo and Yu Zhang

8. Class and Class Struggle
Utsa Patnaik

9. Classical Political Economy
Hugh Goodacre

10. Combined and Uneven Development
Samantha J. Ashman

11. Commodification and Commodity Fetishism
Robert Albritton

12. Competition
Paresh Chattopadhyay

13. Consumerism
Paula Cerni

14. Contemporary Capitalism
Greg Albo

15. Crisis Theory
Simon Clarke

16. Dependency Theory
John Weeks

17. Ecology and the Environment
Barbara Harriss-White

18. Economic Reproduction and the Circuits of Capital
Ben Fine

19. Exploitation and Surplus Value
Ben Fine

20. Feminist Economics
Radhika Balakrishnan and Savitri Bisnath

21. Feudalism
George C. Comninel

22. Finance, Finance Capital, and Financialisation
Thomas Marois

23. Friedrich Engels
Paresh Chattopadhyay

24. Geography
Erik Swyngedouw

25. Global Commodity Chains and Global Value Chains
Susan Newman

26. Globalisation and Imperialism
Ray Kiely

27. International Political Economy
Alejandro Colás

28. Karl Marx
Lucia Pradella

29. Knowledge Economy
Heesang Jeon

30. Labour, Labour Power, and the Division of Labour
Bruno Tinel

31. Labour Theory of Value
Ben Fine

32. Market Socialism
Makoto Itoh

33. Marx and Underdevelopment
Mauro di Meglio and Pietro Masina

34. Marxism and History
George C. Comninel

35. Method of Political Economy
Branwen Gruffydd-Jones

36. Mode of Production
Jairus Banaji

37. Money
Paulo L. dos Santos

38. Neoliberalism
Gérard Duménil and Dominique Lévy

39. Neoclassical Economics
Dimitris Milonakis

40. Neo-Ricardianism
Sungur Savran

41. New Technology and the ‘New Economy’
Tony Smith

42. Political Science
Alison J. Ayers

43. Population and Migration
Deborah Johnston

44. Productive and Unproductive Labour
Simon Mohun

45. Race
Alfred Zack-Williams

46. Radical Political Economy in the United States
Al Campbell

47. The Rate of Profit
Simon Mohun

48. The Regulation Approach
Stavros D. Mavroudeas

49. Rent and Landed Property
Erik Swyngedouw

50. The Social Structures of Accumulation Approach
Stavros D. Mavroudeas

51. Socialism, Communism and Revolution
Al Campbell

52. Sociology
Alberto Toscano

53. The State
Bob Jessop

54. ‘Transformation Problem’
Alfredo Saad-Filho

55. The Transition from Feudalism to Capitalism
David Laibman

56. Transnational Corporations
Hugo Radice

57. Unemployment
Gary Slater

58. Value Form Approach
Samuel Knafo

59. Vladimir I Lenin
Prabhat Patnaik

60. The Welfare State
Daniel Ankarloo

61. World Economy
Gong Hoe-Gimm






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Merchant Bankers


From the World Association for Political Economy (WAPE)

The World Association for Political Economy invites scholars of Marx and Marxism to submit papers on ‘Marxist political economy’ to be discussed at the forthcomingParisconference of the AHE, FAPE and IIPPE which will be held from 5th-8th July. This large conference of critical and heterodox economist is an excellent opportunity to develop, in discussion with Marxists and those interested in Marx’s ideas, knowledge and understanding of Marx’s ideas and their relevance in the current turbulent world economic situation.

Papers on any issue relevant to the topic ‘Marxist Political Economy’ are welcome. Abstracts of 500 words or less, with a title, indicative bibliography and the name and institutional affiliation of the author, should be submitted to Xiaoqing Ding at and to Alan Freeman at on or before 18th January.

Authors will be notified of acceptance for inclusion in the WAPE panels by 25th January. Any proposal not accepted can thus be sent to the organizers of theParisconference by their deadline of 31st January, to be considered for inclusion in the general conference.

WAPE seeks to collaborate with all those attending the conference who contribute in the general area of Marxist political economy, and invites those who have already submitted proposals to contact it, with a view to working to arrange joint panels.

WAPE, registered in Hong Kong, China, is an international academic organization founded on an open, non-profit, and voluntary basis by Marxian economists and related groups around the world. Its mission is to utilize modern Marxian economics to analyze and study the world economy, reveal the law of development and its mechanism, and offer proper policies to promote economic and social progress on the national and global level, so as to improve the welfare of all the people in the world. The last five WAPE forums were successively held in Shanghai, Shimane, Beijing, Paris, Suzhouand Amherstduring 2006-2011. The next conference is to be held in Mexico Cityfrom May 25th-27th 2012. For more information, see



Alan Freeman (



‘I believe in the afterlife.

It starts tomorrow,

When I go to work’

Cold Hands & Quarter Moon, ‘Human Herbs’ at: (recording) and (live)


‘Maximum levels of boredom

Disguised as maximum fun’

Cold Hands & Quarter Moon, ‘Stagnant’ at: (recording) and (live, at the Belle View pub, Bangor, north Wales)  


‘Cheerful Sin’ – a new song by Victor Rikowski:


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Rosa Luxemburg

Critique: Journal of Socialist Theory (CFP on Rosa Luxemburg)

Call for Papers on Rosa Luxemburg

2012 Special Issue: Legacy of Rosa Luxemburg Call for Articles


Born in Tsarist Poland in 1871, she emigrated to Germany and became one of the most inspirational figures of the Second International. Luxemburg arrived in Berlin in the spring of 1898 in time join the Revisionist debates, which made her famous as a Marxist theoretician. Time and again Luxemburg proved herself as a gifted orator, inspiring workers to join the socialist movement, as well as she a talented theoretician, attempting to expand Marx’s work and make it relevant to  early 20th century movement. However, Rosa Luxemburg was and remains a controversial figure. To mark the 140th anniversary of Rosa  Luxemburg’s birth, Critique: Journal of Socialist Theory will be  producing a special issue on and around Luxemburg’s works and her legacy.

The special issue would like to examine some of her most well known works (such as the Russian Revolution, Mass Strike, National Question, and Organisational Question, Accumulation of Capital) and address their relevance to today.

What is Rosa Luxemburg’s legacy?

Is her work still relevant today?

During a time of economic crisis, does Luxemburg’s work, Accumulation of Capital have anything to offer the 21st century?

Why does Luxemburg continue to inspire?


Critique: Journal of Socialist Theory welcomes contributions covering any aspect of Marxist political economy, philosophy and history.

Articles should not normally exceed 7-8,000 words in length.  

Articles  must include an abstract of no more than 300 words and a maximum of 6  key words.  Please note that Critique does not use the Harvard system  and expects footnotes to appear at the bottom of the page. For further instructions and advice for authors please visit:

For further details about Critique visit: The final deadline for articles is  December 1, 2011. Please send articles via email to the special issue  editor:  Dr. Lea Haro, and to:


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This is advance notice of a planned stream at next year’s conference of the Association for Heterodox Economics, to be held at Nottingham Trent University.


Below is a draft of the proposal to the conference organisers.

As you will see the aim is develop the work begun by the 1991 volume edited by Paul Dunne, and recently continued by the Developing Quantitative Marxism workshops at Bristol.

Please send expressions of interest to me in the first instance.

Julian Wells

Julian Wells
Senior Lecturer in Economics
School of Economics
Faculty of Arts and Social Sciences
Kingston University
Penrhyn Road
+44 (0) 20-8417 2431


1) Appeal for submissions

This initiative aims to develop empirical Marxist analysis as an alternative perspective to the prevailing orthodoxy and to create a coherent, influential and self-sustaining research agenda.

Papers are invited on any topic in Marxist political economy that deal with empirical issues and/or use quantitative information and methods. The intention is not to debate the validity of the approach, but to use it to show the power and potential of Marxist analysis of capital.

The theme is in the tradition of the edited volume Quantitative Marxism (Dunne 1991), and the recent conferences in this field organised at Bristol (UK) (see

Papers revisiting topics covered in Dunne (1991) are welcome, as are ones in fresh areas: the key aim is to develop a comprehensive and contemporary research agenda.

Dunne, Paul (ed.) (1991) Quantitative Marxism. Cambridge: Polity Press

2) Title of panel

Developing Quantitative Marxism

3) Panel organiser

Julian Wells
School of Economics
Faculty of Arts and Social Sciences
Kingston University
Penrhyn Road
United Kingdom
+44 (0)20 8417 2285

4) Peer review process

The theme organisers hope to accept all papers that appear to relate to the theme’s scope as described in the appeal, subject to generally accepted academic standards. In the event that resource constraints compel further selection, the theme organisers will (a) give priority to individual papers whose approach demonstrates specific regard to the pluralist principles of the AHE, and (b) seek to give effect to pluralist principles in the overall programme of the theme.

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Neoliberalism and the Crises of Economic Science

May 20-22, 2011,
Istanbul University, Beyazit


The global crisis of the last years of the “noughties” has cruelly exposed the deficiencies not only of mainstream economics but also of broader strands of political economy from across the social sciences more generally that have promoted neoliberalism. Media and academic commentary has focused on the inability to predict the crisis and the corresponding inadequacies of the economics profession, expecting a sort of self-criticism and reconstruction from within the discipline, whilst the inadequate treatment of the economic and the economy across the social sciences has been less harshly exposed to criticism.

In the case of economics, this has led to a spirited deference of the existing frame of analysis (What crisis? Bubbles don’t exist) and to the assertion that the discipline’s principles remain adequate but they need to be better and more realistically applied, possibly with the incorporation of other behavioural elements and techniques. Similar minor modifications to analytical frameworks have emanated from the international financial institutions and national treasuries, etc, if to some extent to allow for more discretion in policy rather than fundamental rethinks. Accordingly, the degree of rethinking within mainstream economics is strikingly underwhelming as, indeed, is the rethinking informing policy responses where neoliberal support to globalisation of finance remains to the fore, with dramatic adjustments at the expense of working people and the poor.

Although, then, the urgent issues brought about by the global crisis have made such questioning of mainstream economics both necessary and inevitable, there are also wider implications for a more inclusive reconstruction of economic understanding across the social sciences as a means to inform both academic and policy-making circles.

This conference will probe much deeper into the multiple crises of economic science, informed by the perspectives of political economy that have long been ignored and marginalised by the mainstream, whether deriving from critical political economy and heterodox economics or from the treatment of the economy from across the social sciences as a whole. The ultimate aim is to explore new avenues in promoting and developing critical political economy in view of recent developments. As well as engagements with economics and the economic, we are seeking individual contributions and proposals for panels that address Neoliberalism and the Crises of Economic Science through:

● the critical weaknesses of the mainstream in its continuing evolution;

● critique of recent developments within mainstream economics such as game theory, experimental economics, behavioural economics, neuroeconomics, complexity theory, etc;

● the challenges to, and potential for, heterodox economics and Marxist political economy;

● the lessons that can be gained from the history of economic thought;

● the role of methodology in the critique of mainstream economics and neoliberal political economy in providing for alternatives;

● the relation between economics and other social sciences in view of economics imperialism: economics and politics, economic history, philosophy, sociology, law, etc;

● the role of interdisciplinarity in promoting alternatives to the mainstream;

● the role to be played by critical political economy within social science;

● the ways in which an alternative economics can engage with and promote both activism and alternative theories, policies and ideologies;

● how to locate the world economy and the role of the (neoliberal) (nation-) state;

● the relationships between finance and accumulation and between economic and social reproduction;

● the analytical location of class, power and conflict.

We welcome both individual submissions and proposals for panels (or streams of panels), with the latter ideally already incorporating a number of proposed submissions but allowing for others to be added as appropriate.

The deadline for submission of both individual abstracts of papers and proposals for panels is the 15th of February 2011(submissions should be sent and/or

Potential participants will be notified by the 15th of March. The deadline for the submission of full papers is the 15th of April. Early submissions, even if only provisional, are essential both to avoid disappointment and to help in the appropriate allocation of papers to designated panels and streams that will themselves be strengthened through solicited contributions and the plenaries.

Update: 23rd January 2011: New online abstract submission:

Hosted by
Turkish Social Sciences Association (TSSA)
Istanbul University
Research Center for Global Politics and Administration (GLOPAR)

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Crisis Management

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The Education Agenda is a War Agenda: Connecting Reason to Power and Power to Resistance


Rich Gibson and Wayne E. Ross have written an excellent paper that links the US education agenda with its foreign policy and the current economic crisis.


You can view it at:


Glenn Rikowski

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