World Review of Political Economy
Volume 12 Number 4 March 2021
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CONTENTS
Marx’s Labour Theory of Value: Value, Price, and the Transformation Problem
Value and Price: Controversy, Stasis, and Possibility 436
David Laibman
Pure-Blood and Muggle Marxian Approaches in the Theory of Value and Price 444
Tiago Camarinha Lopes
What Does the Labor Theory of Value Do? 452
Fred Moseley
A Shift from the Problematic of “Transformation” 463
Paul Cockshott and David Zachariah
Articles
Value Production, Measurement, and Distribution under Digital Capitalism: A Critique of the Theory That the Law of Value Has Failed 472
Xu Wei
Ricardo’s Labor Theory of Value Is Alive and Well in Contemporary Capitalism 493
Lefteris Tsoulfidis
Capital–Labor Relations in the Japanese Construction Industry 519
Teppei Shibata
Marxism and MMT: How Modern Monetary Theory Can Enrich the Debate among Marxists 541
Anthony William Donald Anastasi
Book Review
Enterprise Reforms and Innovation as Key Drivers of the Socialism with Chinese Characteristics: An Introduction of Enterprises, Industry and Innovation in the People’s Republic of China: Questioning Socialism from Deng to the Trade and Tech War by Alberto Gabriele 558
Alberto Gabriele
Information
WAPE Membership Information 570
Guidelines for Contributors 572