Wow, I haven’t updated this Annotated Bibliography in a long time. Times change, you read more books, you change your mind on some things. This page needs an update:
“Das Kapital” by Karl Marx. 1867 (first volume)
if you are reading Kapital for the first time and having trouble with parts of it you might find David Harvey’s online lectures helpful. You can find them on his website: http://davidharvey.org
I don’t agree with all of his positions on Kapital, so always remember to think for yourself and form your own opinions. Here is a critique I wrote of some aspects of Harvey’s thought.
I used to highly recommend Harevy’s “Limits To Capital”. I don’t highly recommend it anymore (see above linked critique). But I do still think that there are some valuable aspects to the book.
For a great perspective on how the labor theory of value is integrated between the three volumes of Kapital, and especially for a killer explanation of commodity fetishism and markets you must read I.I. Rubin’s “Essays on Marx’s Theory of Value.” It’s on the Marxist Internet Archive. I think this is one of the best things ever written on Marx’s value theory.
“The Critique of Political Economy”, by Marx, has some more detailed analysis of Money which can help with the opening chapters of Kapital. Keep in mind that when he wrote the Critique he hadn’t yet made the distinction between value and exchange-value.
“Marxist Economic Theory” by Ernest Mandel. Monthly Review Press. 1968. I feel like this book is good on many aspects. It is very accessible and combines theoretical ideas with historical examples that make things easy to follow. I don’t think it’s the greatest work of theory. I haven’t read it in awhile… not sure what critiques I’d have if I returned to it now.
“Marx for Beginners” by Rius. Pantheon Books. 1976
“The Marx Engels Reader” edited by Robert Tucker. WW Norton and Co. 1978
“Kapital for Beginners”
“Marx on Money” by Suzanne De Brunhoff. Urizen Books. 1973. I used to say this book is boring as dirt. Perhaps I was wrong.
“Studies in the Labor Theory of Value” by Ronald L Meek. Monthly Review Press. 1956
“Reclaiming Marx’s Capital; refuting the myth of inconsistency” by Andrew Kliman
“Frontiers of Political Economy” by Guglielmo Carchedi
“An Introduction to the History of Crisis Theories” by Anwar Shaihk. You can find this excellent introduction to marxist and bourgeois crisis theory on Shaihk’s website http://homepage.newschool.edu/~AShaikh/
“The Failure of Capitalist Production” by Andrew Kliman
“Return from the Grave” by Guglielmo Carchedi- a good synopsis of Marxist crisis theories. Carchedi comes from the Falling Rate of Profit camp.
“Marx’s Theory of Crisis” by Simon Clarke. A great book.
“Class, Crisis and the State” by Erik Olin Wright; Verso 1978. The last section of the book offer a good synopsis of crisis marxist theories but I think Wright’s attempted synthesis is not very convincing.
On bourgeois economics:
“From Political Economy to Economics” by Fine and Milonakis.
“Anti-Samuelson” by Mark Linder
“The Psychopathology of Walrasian Marxism” and other essays by Alan Freeman, available here
“Economics; traditional and radical perspectives” by EK Hunt
“A Critique of Economic Theory” edited by Jesse Schwartz
“The Subtle Anatomy of Capitalism” edited by Jesse Schwartz
On the labor process:
“Labor And Monopoly Capital” by Harry Braverman
“Manufacturing Consent” by Michael Burawoy