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British Economists and Philosophers on Marx's Value Theory, 1920–1925
Published online by Cambridge University Press: 11 June 2009
Extract
In the aftermath of the Great War and the Bolshevik revolution, the years 1920–1925 witnessed a great upsurge of academic writing in Britain on Karl Marx's theory of value. We shall not seek to explain this phenomenon but it may nevertheless be of interest first to sketch, as a contrasting background, the limited interest shown in this topic in the pages of the Economic Journal, 1891–1920. For that journal did indeed, in that period, devote considerable space to matters socialist—taken in a broad sense (see Steedman 1990).
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