scholarly journals Economic Theory and the Roman Monetary Economy

Author(s):  
Colin P. Elliott
2004 ◽  
pp. 111-130 ◽  
Author(s):  
V. Kudrov

Substantive provisions of the Marx-Engels-Lenin economic theory in comparison with vital realities of XX century are critically considered in the article. Theories of surplus value, labor value, general law of capitalist accumulation, absolute and relative impoverishment of proletariat are examined. The author points to utopianism and inconsistency of Marx's theory and calls Russian economists for creation of new economic theory adequate to challenges of XXI century.


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