Exchange and Reciprocity
Marx interprets a famous passage in Aristotle’s Nicomachean Ethics in terms of his own labour theory. I contend that this explanation is flawed. Citing the work of several commentators on this passage, and drawing on an analysis of Marcel Mauss’ concept o
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Fetishism and the Theory of Value Reassessing Marx in the 21st Century Desmond McNeill
Palgrave Studies in the History of Economic Thought
Series Editors Avi J. Cohen Department of Economics York University & University of Toronto Toronto, ON, Canada G. C. Harcourt School of Economics University of New South Wales Sydney, NSW, Australia Peter Kriesler School of Economics University of New South Wales Sydney, NSW, Australia Jan Toporowski Economics Department School of Oriental & African Studies University of London London, UK
Palgrave Studies in the History of Economic Thought publishes contributions by leading scholars, illuminating key events, theories and individuals that have had a lasting impact on the development of modern-day economics. The topics covered include the development of economies, institutions and theories. More information about this series at http://www.palgrave.com/gp/series/14585
Desmond McNeill
Fetishism and the Theory of Value Reassessing Marx in the 21st Century
Desmond McNeill Centre for Development and the Environment University of Oslo Oslo, Norway
ISSN 2662-6578 ISSN 2662-6586 (electronic) Palgrave Studies in the History of Economic Thought ISBN 978-3-030-56122-2 ISBN 978-3-030-56123-9 (eBook) https://doi.org/10.1007/978-3-030-56123-9 © The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2021 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: Hi-Story / Alamy Stock Photo This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Foreword
I first read Desmond McNeill’s book around the millennium. It struck me then as a well written and original introduction to Marxian economics. He demonstrates fo
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