Neo-Marxism and Post-Keynesian Economics: From Kalecki to Sraffa and Joan Robinson

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Ludo Cuyvers (Universiteit Antwerpen, Belgium)

Neo-Marxism and Post-Keynesian Economics

From Kalecki to Sraffa and Joan Robinson

Ludo Cuyvers (Universiteit Antwerpen, Belgium)

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English

Routledge
29 January 2024

Economic theory & philosophy; Political economy; Economic history

Series: Routledge Studies in the History of Economics

Piero Sraffa and Joan Robinson, both iconic Cambridge economists, were highly influenced by the economic theory of Karl Marx, and integrated important elements of Marx’s economic system into their theories. This book argues, based on published and unpublished documents, that the work of Sraffa and Robinson can in fact be considered as essentially post-Keynesian neo-Marxist.

The first part of the book reviews the intellectual development of several key thinkers to this neo-Marxist current in economic thought: Kalecki, Steindl, Baran and Sweezy. Part One and Part Two separately examine Robinson and Sraffa’s works and questions how they fit into this specific neo-Marxist current, either building on it (in Robinson’s case), or following another direction (in Sraffa’s case). Part Three observes Robinson’s theory of economic growth and its relationship to the views of Marx and Kalecki. Overall, Cuyvers demonstrates how their thought processes share characteristics with neo-Marxist key ideological ideas, such as stating or implying the labour theory of value as either redundant or wrong, emphasising the role of class struggle in the distribution of income and rejecting Marx’s falling rate of profits.

Following on from ideas briefly introduced in Cuyvers’s Economic Ideas of Marx’s Capital (2017), this book will particularly appeal to readers interested in the history of economic thought, the work of Sraffa, Robinson and Marx, post-Keynesian economics and neo-Marxism.

By: Ludo Cuyvers (Universiteit Antwerpen Belgium)
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9781032254821
ISBN 10: 1032254823
Series: Routledge Studies in the History of Economics
Pages: 248
Publication Date: 29 January 2024
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Ludo Cuyvers is Emeritus Professor at the University of Antwerp, Belgium and Extraordinary Professor at North-West University, South Africa.