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The foundational sociological text on class in a modern capitalist economy

Wright E: Classes

Classes

The twelve papers collected in this volume of Research in Political Economy mark a new phase in the study of capitalism, centred on the reproduction of total social capital. They address the widely felt need to reconnect political economy with real-world phenomena, including financial crises, long-term stagnation, poverty, inequality, and economic injustice.
Seeking to renew pluralist dialogue among all currents critical of the dominant neoclassical paradigm-particularly those aiming to move beyond the equilibrium framework that permeates it-the volume offers important new insights into Marx's value theory. These constitute a significant addition to both the existing body of Marx studies and to a broader understanding of capitalist reproduction, accumulation, and the sources of their recurrent failures.
This shared engagement rests on the recognition that the study of the circuit of capital can shed fresh light on the fundamental concepts of money, price, value, and credit, and on their role in explaining capitalism's 'laws of motion': accumulation, historical origins, and reproduction itself. The volume thus advances critical debates and paves the way for future research on the dynamics of capitalist reproduction.

Money, Value and Marx's Circuit of Capital

An unconventional, hands-on guide to turning ideas into products that matter—and that people love—from the legendary Silicon Valley pioneer, founder of Zynga, and creator of Stanford Graduate School of Business’s product management course.Mark Pincus has been at the forefront of each iteration of the internet. He built the original app company ahead of the mobile app economy&nbsp;and sold virtual goods to the masses long before in-app purchase generated $85 billion on smartphones. As the founder of Zynga, he brought us FarmVille, CityVille, and Words with Friends, launching eight hit games and reaching more than a billion users in four years.&nbsp;&nbsp;&nbsp;&nbsp;Pincus has turned hit-making into a repeatable system, birthing one of his favorite guiding principles that “all new fails”. Life at the Speed of Play is his framework for moving faster and massively increasing your odds of success. His insights and advice are essential in the new world of AI, where&nbsp;speed of testing and learning defines winners.Bursting with wit, wisdom, and a core belief in tech’s endless capacity, each chapter of Life at the Speed of Play contains actionable takeaways based on Pincus’s unorthodox “Mark-isms” including “hire people with broken resumes,” “protect investors from themselves,” and, paradoxically, to “f*** scale” in favor of quality over quantity.What They Don’t Teach You at Harvard Business School for the twenty-first century, here is the essential “bible” for entrepreneurs, product managers, innovators, and anyone who has an idea—digital or analog—that they dream of turning into a reality.

Launch Products People Love!

Life at the Speed of Play

Noch nie gab es so viel Reichtum - und das ist ein Problem für uns alle!In kaum einem anderen westlichen Land ist Vermögen so ungleich verteilt wie bei uns - und die Schere geht immer weiter auf. Dieses Buch zeigt das schockierende Ausmaß der Ungleichheit in Deutschland. Dass die Vermögen der Reichen von Generation zu Generation immer weiter wachsen, während jeder Sechste in Armut lebt, ist gesellschaftliches Dynamit. Martyna Linartas zeigt, dass es von unserem politischen Willen abhängt, daran etwas zu ändern, und wie eine gerechte Lösung aussehen könnte.In dieser hellsichtigen und fundierten Analyse wird das politische Tabuthema unserer Zeit seziert: Dass wir die Reichen nicht besteuern, gefährdet unseren Wohlstand, unsere Umwelt und unsere Demokratie. Aber es geht auch anders - wenn wir nur wollen! Anhand von exklusiven Interviews mit der mächtigen Wirtschaftselite über Ungleichheit und das Zusammenspiel von Wirtschaft und Politik sowie einer einmaligen historischen Analyse zeigt sich, wie eine Besteuerung von Überreichen funktionieren kann. Dieses Buch gibt uns alle Argumente an die Hand, um jetzt zu handeln.'Ganz wenige haben zu viel. Zu viele haben ganz wenig. Dieses Buch verdeutlicht dies grandios und zeigt die Auswege aus dem Wahnsinn auf.' - Tilo Jung

Wie der Weg aus der Erbengesellschaft gelingen kann | Nominiert für den NDR Sachbuchpreis 2025

Unverdiente Ungleichheit

As societies struggle to respond to the revival of private renting, this book offers the first comprehensive and critical account of the inequality at the heart of contemporary housing systems. Bringing together cutting-edge research and case studies from a host of countries - from the USA to Australia, from Spain to Germany - Michael Byrne examines inequality, financialization, the rise of 'generation landlord' and evictions. He analyses the everyday power dynamics between landlords and tenants and the social and economic structures that mean the ownership of residential property is concentrated in fewer and fewer hands. Moving beyond the kind of thinking that treats landlordism as natural and inevitable, Byrne's political economy framework demonstrates how declining homeownership and its consequences for inequality and housing justice are major political challenges for contemporary societies. At the same time, a new generation of tenant activism can point the way to fairer housing systems. A groundbreaking study, Beyond Generation Rent is crucial reading for housing researchers, policy-makers, activists and anyone who cares about decent housing for all.

Political Economy, Inequality, and the Private Rental Sector

Beyond Generation Rent

Routledge Frontiers of Political Economy

Capitalism is an economic system where almost all production and trade activities are organised by enterprises whose purpose is to maximise the return on the capital that has been invested in them. Economists, however, have almost universally defined capital in a way that makes it impossible for them to analyse important practical and societal aspects of the economic calculations of capital-based enterprises in capitalism.In contrast, this book develops a theory of capital that is, at the same time, a theory of capitalism. Based on the definition of capital provided by the Historical and Institutional Schools, and later developed by Carl Menger and Ludwig von Mises, the theory of capital in this book takes account of the term "capital" as understood and used in actual business life. A theory of capital that is successful in explaining the rationale of economic calculations of profit-oriented enterprises in the market economy will necessarily also explain how the societal production process is organised in capitalism. Starting from the positive analysis of capital and capitalism, the book discusses the fair value and shareholder value revolutions of recent decades. These approaches, sometimes summarised under the label of "value-orientation," have introduced theoretical neoclassical equilibrium concepts into the practice of enterprises in capitalism. The book argues that this has led to paradoxical and unsustainable results. It does not make sense to reform the institutions of economic calculation on the basis of a theory that does not, in any significant way, deal with these institutions.The book will be of great interest to readers in the areas of Austrian economics, institutional economics, history of economic thought, varieties of capitalism, and financial accounting.The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution (CC-BY) 4.0 International license.

The Role of Economic Calculation in the Market Economy

Capital and Capitalism

From the acclaimed co-author of Why Empires Fall, a bold vision for how to put Western economies back on a sustainable footing.

Why Rich Economies Are Struggling - and How to Fix Them

Icarus Economics

The instant Sunday Times bestseller, updated with a new introduction 'Few books are as urgent as Shon Faye's debut ... Faye has hope for the future - and maybe so should we' Independent 'Unsparing, important and weighty ... a vitally needed antidote' Observer 'A moving and impressively comprehensive overview of trans life' Vogue Trans people in Britain today have become a culture war 'issue'. Despite making up less than one per cent of the country's population, they are the subjects of a toxic and increasingly polarized 'debate' which generates reliable controversy for newspapers and talk shows. This media frenzy conceals a simple fact: that we are having the wrong conversation, a conversation in which trans people themselves are reduced to a talking point and denied a meaningful voice. In this powerful new book, Shon Faye reclaims the idea of the 'transgender issue' to uncover the reality of what it means to be trans in a transphobic society. In doing so, she provides a compelling, wide-ranging analysis of trans lives from youth to old age, exploring work, family, housing, healthcare, the prison system and trans participation in the LGBTQ+ and feminist communities, in contemporary Britain and beyond. The Transgender Issue is a landmark work that signals the beginning of a new, healthier conversation about trans life. It is a manifesto for change, and a call for justice and solidarity between all marginalized people and minorities. Trans liberation, as Faye sees it, goes to the root of what our society is and what it could be; it offers the possibility of a more just, free and joyful world for all of us. 'Fundamentally not a culture-war book. It operates outside the narrow coverage of trans people in the mainstream, and lays bare the inarguable facts' New Statesman 'Monumental and utterly convincing - crystal clear in its understanding of how the world should be' Judith Butler

An Argument for Justice

The Transgender Issue

Acclaimed author Jade Song (Chlorine) returns with her latest literary exploration: a lyrical, poignant, and heartfelt novel about the meaning of love, friendship, debt, depression, and death in New York City—a coming-of-age for a new generation, in the vein of Sally Rooney and Ottessa Moshfegh. For as far back as she can remember, Vicky has been fascinated and obsessed with death as the only inevitable thing in life. From living above a Chinatown funeral parlor to working at a celebrity start-up for bespoke urns, she has surrounded herself with death—in her home, in her work, and in her ever-growing collection of zhizha, paper creations meant to be burned for the dead, adorning the walls of her apartment. Yet, though living in Manhattan and working her dream job is all she ever wanted, she still struggles to have meaningful connections—or find any meaning at all—in her life. Too often she spends the day in bed, only drawn out from time to time by her best (and only) friend, Jen.That changes when a dating app leads her into a throuple with an artist and a labor organizer, who offer exactly the kind of love she needs. For some time, it’s perfect, but no one understands better than Vicky that all things must end. As doubts grow over the love in her life, her friendship with Jen, and her professional success, the oddly comforting abstraction of death starts becoming something else altogether. With everything beginning to feel hollow and temporary, Vicky must decide how to keep moving forward. To try and hold on to what she has, or to once again do what she does best: destroy.

I Love You Don't Die

A new English translation of Isaak Illich Rubin's classic Essays on Marx's Theory of Value. 
 
First published in the Soviet Union in 1923, Rubin's book sparked a fierce value controversy with contemporary Soviet economists during the late 1920s. As such, the present translation is conceived as a variorum edition, including all the essential supplementary materials related to this foundational work in Marx's value theory, published here in English for the first time. In addition to Rubin's main work, this edition includes his four most important related publications, as well as ten debate articles written and published by his contemporary proponents and opponents.

Conceived as a Variorum Edition

Essays on Marx's Theory of Value

Routledge Revivals

In Global Capitalism (originally published in 1991), Richard Peet surveys the various approaches made by social theory towards seeing history in terms of its regional dynamics. He reviews environmental determinism, modernization, dependency, and world systems theories, and argues that the most capacious and dynamic model continues to be historical materialism.The volume presents a broad outline of global development through time, analysing primitive communism, lineage societies and the various kinds of tributary modes, and providing a closer examination of capitalism in terms of the phases and forms of its past and present. The author defends the centrality of structural Marxism to theories of global development and argues that its ideas can be furthered by the partial synthesis of other perspectives, such as the feminist critique.This book assumes no previous knowledge of the theories surveyed. It introduces complex material in an understandable form and will be valuable both to development professionals and to anyone interested in societal change.

Theories of Societal Development

Global Capitalism

An acclaimed economist’s fully revised and expanded guide to how resilient thinking helps us thrive in a world filled with unknown risks &nbsp; Risks are ubiquitous in our world. In recent years, a changing global order, the war in Ukraine, food insecurity in emerging and developing economies, the COVID pandemic, and increasingly severe weather events have exposed our vulnerabilities and heightened our awareness that large, unexpected events can upend our lives at any moment. Describing how individuals, institutions, and nations can successfully navigate a dynamic, globalized economy filled with unknown risk, Markus K. Brunnermeier argues for adopting resilience as a central tenet of decision-making. Different from risk avoidance—which involves a cost-benefit analysis by weighing the outcome of various scenarios and choosing the less risky one—resilience focuses on the ability to bounce back from shocks and setbacks. &nbsp; Written for business leaders, economists, policymakers, and politically interested individuals, this wholly revised edition of the award-winning The Resilient Society applies macroeconomic insights to public health, innovation, public debt overhang, inflation, inequality, climate change, and other challenges to the global order. Brunnermeier shows how the concept of resilience can be a compass for developing a social contract that benefits us all.

The Resilient Society

First published in 1969, The Liberation of Work considers how to 'liberate' work, so that It flows freely, happily, creatively, with a minimum of hindrance and frustration. Professor Wilken does not consider the problem of work primarily as a problem of economics: he regards it as an intensely philosophical problem, and discusses it in terms of ultimate human values. He gives practical examples of the problem of work by the use of case studies, and demonstrates how actual firms have tried to develop new modes of cooperation and associative partnership in business. This book will be of interest to students of economics and sociology.

The Elimination of Strikes and Strife in Industry through associative Organization of Enterprise

The Liberation of Work

Classes

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