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Marxism, Crypto-Marxism and the Political Economy of Capitalism

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  • Terrence McDonough
  • Cian McMahon

Abstract

This article conducts groundwork for a discussion of Marx’s influence through examining the boundaries of the specifically Marxian school of economics. This Marxian school extends well beyond the bounds of the self-identified Marxian school. Marx’s influence, Marxian themes and effectively Marxian theory can be found in several important heterodox traditions of economics, though this is often unacknowledged. A consideration of the proper boundaries of the Marxian school of economics is essential for a full understanding of Marx’s legacy and could contribute to the emergence of a more unified heterodoxy in economics.

Suggested Citation

  • Terrence McDonough & Cian McMahon, 2018. "Marxism, Crypto-Marxism and the Political Economy of Capitalism," Review of Political Economy, Taylor & Francis Journals, vol. 30(3), pages 396-415, July.
    • Handle: RePEc:taf:revpoe:v:30:y:2018:i:3:p:396-415
    DOI: 10.1080/09538259.2018.1495350
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    Cited by:

    1. Eckhard Hein, 2019. "Karl Marx: an early post-Keynesian? A comparison of Marx's economics with the contributions by Sraffa, Keynes, Kalecki and Minsky," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 16(2), pages 238-259, September.

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