Andrew Kliman - Reclaiming Marx's Capital
        Contents
        Preface
            Note
        Chapter 1 - Introduction: The Question of Internal Inconsistency
            1.1 The Lion and the Statue
            1.2 What This Book Is (and Isn’t) About
            1.3 The Importance of the Internal Inconsistency Question
            1.4 The Influence of the Internal Inconsistency Allegations
            1.5 Why This Particular Book?
            1.6 Whig History, Pluralism, and Dogmatism
                1.6.1 Whiggism vs. Pluralism
                1.6.2 The Most Effective Whiggish Strategy
                1.6.3 “Only One Path” Forward?
            1.7 Outline of Subsequent Chapters
            Notes
        Chapter 2 - Marx’s Value Theory and Contending Interpretations
            2.1 Marx’s Value Theory
                2.1.1 Commodity Production
                2.1.2 Determination of Value by Labor-Time
                2.1.3 Value Transferred and New Value Added
                2.1.4 Productivity and Value Creation
                2.1.5 Constant Capital, Variable Capital, and Surplus-Value
                2.1.6 The Origin of Surplus-Value
                2.1.7 Two Distinctions between Value and Price
                2.1.8 The Monetary Expression of Labor-Time (MELT)
                2.1.9 “Value” and “Price” Rates of Profit
                2.1.10 The Tendency of Profit Rates to Equalize
                2.1.11 Average Profit and Price of Production
                2.1.12 The Tendential Fall In the Rate of Profit
                2.1.13 The Rising Rate of Surplus-Value and Its Limited Effect
                2.1.14 The Meaning of “Tendential Fall"
            2.2 Contending Interpretations
                2.2.1 Dual-system Interpretations
                2.2.2 Single-system Interpretations
                2.2.3 Simultaneous vs. Temporal Valuation
                2.2.4 Simultaneism and Physicalism
                2.2.5 The “Value-Form” Paradigm
            Notes
        Chapter 3 - A Brief History of the Controversy
            3.1 Introduction
            3.2 Dmitriev’s Laborless Theory of Value
            3.3 The Falling Rate of Profit Controversy
            3.4 Origins of the “Transformation Problem"
            3.5 Marxian Economics as General Equilibrium Theory
            3.6 The Master’s Tools
            3.7 The Transformation of Physical Quantities into Values and Prices
            3.8 Reinterpreting Marx
            Notes
        Chapter 4 - Making Marx Make Sense: On Interpretive Method
            4.1 Introduction
            4.2 How Not to Interpret
            4.3 The Meaning and Interpretation of Analytical Arguments
            4.4 Knowing What an Author Meant
            4.5 The Criterion of Coherence
            4.6 Stigler’s “Principle of Scientific Exegesis"
            4.7 Barkai and Hollander on the PSE
            4.8 In Defense of the Criterion of Coherence and the PSE
            4.9 Critics' Responses
            Notes
        Chapter 5 - Simultaneism, Physicalism, and the Law of Value
            5.1 Introduction
            5.2 Definitions
            5.3 Simultaneous Valuation vs. the Law of Value
            5.4 Simultaneous Valuation and the Redundancy of Value
            5.5 Simultaneous Valuation and Negative Values
            5.6 Accumulation for the Sake of Non-Accumulation
            5.7 A Simple Example
            Notes
        Chapter 6 - Was Marx a Simultaneist?
            6.1 Introduction
            6.2 What Remains to be Shown?
            6.3 The Static Equilibrium vs. the Average Rate of Profit
            6.4 The Replacement-Cost Interpretation
                6.4.1 Conceptual Distinctions
                6.4.2 Evidence of Simultaneous Valuation in Marx’s Work?
                6.4.3 Discontinuing Evidence
                6.4.4 Marx’s Examples of Value Determination
                6.4.5 Summary
            6.5 One System or Two?
            Notes
        Chapter 7 - The Falling Rate of Profit Controversy
            7.1 Introduction
            7.2 Why the Okishio Theorem Has Not Been Proved
                7.2.1 Marx’s Equilibrium Rate of Profit
                7.2.2 The Okishio Theorem’s Equilibrium Rate of Profit
                7.2.3 Simultaneist Critiques of the Okishio Theorem
            7.3 Physical Determination of Profitability: Obvious or Implausible?
                7.3.1 A Simple Example
                7.3.2 The Simultaneist Value/Price Rate of Profit
                7.3.3 The Simultaneist Defense of Retroactive Revaluation
                7.3.4 Consistent Physicalist Valuation
            7.4 The Law of Value and the Rate of Profit
                7.4.1 The Constant-MELT Value/Price Rate of Profit
                7.4.2 The Limited Influence of Inflation and a Rising MELT
                7.4.3 A Rising-MELT Example
            7.5 Recent Physicalist-Simultaneist Responses
                7.5.1 The /Research in Political Economy /Symposia
                7.5.2 Veneziani’s Critique
                7.5.3 The Logical Status of the Okishio Theorem
            Notes
        Chapter 8 - The “Transformation Problem” (1): Marx’s Solution and Its Critics
            8.1 Significance of the "Transformation Problem" and the Value-Price Relationship
            8.2 Marx’s Resolution of the Classicists’ Problem
            8.3 Böhm-Bawerk’s Critique
            8.4 Postone’s Counter-Critique
            8.5 Bortkiewicz’s Proof of Internal Contradiction
                8.5.1 The Proof
                8.5.2 The Refutation
            8.6 Modern Simultaneist Critiques of Marx’s Solution
            Notes
        Chapter 9 - The “Transformation Problem” (2): If It Ain’t Broke, Don’t Correct It
            9.1 Bortkiewicz’s “Correction”
            9.2 Theft vs. Honest Toil
            9.3 The NI Solution
            9.4 The SSSI Solution
            9.5 The Temporal Single-System Interpretation
            9.6 Critics’ Responses to the TSSI
            Appendix to Chapter 9: The Loranger and Moseley Solutions
                Loranger
                Moseley
            Notes
        Chapter 10 - The “Fundamental Marxian Theorem”
            10.1 Introduction
            10.2 The Corn Model
            10.3 Intuitions Can Be Wrong
            10.4 Failure of the Simultaneous Dual-System FMT
            10.5 Reasonable Prices Can Differ
            10.6 Failure of the NI-SSSI FMT
            10.7 Surplus Labor and Profit under the TSSI
            10.8 TSSI Results in the Negative-PNP Case
            10.9 Conclusions
            Notes
        Chapter 11 - An Empirical Defense of the Law of Value?
            11.1 Introduction
            11.2 The Labor Theory of Price
            11.3 The LTP and Marx’s Theory
            11.4 The Spurious Correlation Problem
            11.5 The Tautological Correlation Problem
            11.6 The Measure of Size Matters
            11.7 Data and Computations
            11.8 Replication of Earlier Results
            11.9 Controlling for the Influence of Industry Size
            11.10 Regression Results
            11.11 The (In)significance of Small Price-Value Deviations
            Notes
        Chapter 12 - Summary and Conclusions
            12.1 General Summary and Main Results
            12.2 Why Does the Myth of Inconsistency Persist?
            12.3 The Task Ahead
            Notes
        Bibliography
        Index
        About the Author