Marx on Money

H. Visser

Marx on Money

H. Visser

School of Business and Economics

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Abstract

Marx's monetary theory was based on his labour theory of value. This led him to embrace the Banking School and left him without a theory of the interest rate. To his credit, he clearly saw that Say's Identity is not valid in a monetary economy.

Original language	English
Pages (from-to)	266-287
Journal	Kredit und Kapital
Volume	10
Issue number	2
Publication status	Published - 1977

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This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

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1977Final published version, 9.58 MB

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