Andrew Kliman
Encyclopedia
Andrew Kliman is a professor of economics at Pace University
and author of several publications on Marxian economics
, including the book Reclaiming Marx’s “Capital”, which defends the Temporal Single System Interpretation of Marx's labor theory
against various claims of its inconsistency from neoclassical
, neo-Ricardian
and other economists.
Writing in Nova Economia, Professor Eduardo Maldonado Filho writes, "The structure of the book, and the manner and accuracy with which the controversial arguments have been presented by the author, allow the interested reader, even one not versed in Marxist economics or mathematics, to understand the issues in the controversy and, not less important, to form his/her own opinion about the topics that have been debated. ... [T]he effort of reading will ... lead to effective comprehension of why Marx’s critics are wrong in their allegations. In my opinion, Kliman’s book constitutes the most important contribution to political economy of the last three decades and, as such, it is highly recommended for all those interested in Marx’s work."
Kliman's office at Pace University is in the historic Choate House
.
Pace University
Pace University is an American private, co-educational, and comprehensive multi-campus university in the New York metropolitan area with campuses in New York City and Westchester County, New York.-Programs:...
and author of several publications on Marxian economics
Marxian economics
Marxian economics refers to economic theories on the functioning of capitalism based on the works of Karl Marx. Adherents of Marxian economics, particularly in academia, distinguish it from Marxism as a political ideology and sociological theory, arguing that Marx's approach to understanding the...
, including the book Reclaiming Marx’s “Capital”, which defends the Temporal Single System Interpretation of Marx's labor theory
Labor theory of value
The labor theories of value are heterodox economic theories of value which argue that the value of a commodity is related to the labor needed to produce or obtain that commodity. The concept is most often associated with Marxian economics...
against various claims of its inconsistency from neoclassical
Neoclassical economics
Neoclassical economics is a term variously used for approaches to economics focusing on the determination of prices, outputs, and income distributions in markets through supply and demand, often mediated through a hypothesized maximization of utility by income-constrained individuals and of profits...
, neo-Ricardian
Neo-Ricardianism
The neo-Ricardian school is an economic schoolthat derives from the close reading and interpretation of David Ricardo by Piero Sraffa, and from Sraffa's critique of Neoclassical economics as presented in his The Production of Commodities by Means of Commodities, and further developed by the...
and other economists.
Reclaiming Marx's Capital
Writing in History of Political Economy, Professor Bill Lucarelli has argued that "Reclaiming Marx’s “Capital” stands like a beacon in recent academic controversies over Marx’s theory of value. ... Essentially, the aim of this book is not so much about vindicating and canonizing St. Marx, but rather to debunk the myth of internal inconsistency. In so doing, Professor Kliman succeeds quite admirably. ... It is ... an indictment of the academic profession that the TSSI approach has been neglected for more than a quarter of a century. The specter of Sraffa, it appears, still haunts the ivory towers of academia."Writing in Nova Economia, Professor Eduardo Maldonado Filho writes, "The structure of the book, and the manner and accuracy with which the controversial arguments have been presented by the author, allow the interested reader, even one not versed in Marxist economics or mathematics, to understand the issues in the controversy and, not less important, to form his/her own opinion about the topics that have been debated. ... [T]he effort of reading will ... lead to effective comprehension of why Marx’s critics are wrong in their allegations. In my opinion, Kliman’s book constitutes the most important contribution to political economy of the last three decades and, as such, it is highly recommended for all those interested in Marx’s work."
Marxian school of economics
Kliman has recently discussed what he calls the "disintegration of the Marxian school" of economics. In this paper he also proposes measures to halt and reverse this process: (1)"the field needs to greatly reduce its dependence on the resources of academia. Intellectual autonomous zones need to be created." (2)"cooperative behavior and attitudes, not uncooperative ones, need to be fostered and rewarded." (3)"efforts to solve theoretical problems, not efforts to create and perpetuate them, should be fostered and rewarded." (4) "run-of-the-mill anomalies such as the 'transformation problem' should not be allowed to become sources of internal crisis." (5) "people outside the field need to appreciate how profoundly the myth of Marx’s internal inconsistencies has damaged it. ... since a false charge of inconsistency issued knowingly is the moral equivalent of defamation, it would not be unreasonable for the public to ask those who have perpetuated the myth of inconsistency to make restitution."Kliman's office at Pace University is in the historic Choate House
Choate House (New York)
There is a Choate House in Massachusetts, formerly owned by the same Choate family.Choate House was built in 1867 by shoe manufacturer Samuel Baker in what is now Pleasantville, New York. It later became the residence of Dr. George C.S. Choate. Choate added a wing as a private sanitarium to...
.
Work
- Reclaiming Marx's Capital: A Refutation of the Myth of Inconsistency (2006)
- The Failure of Capitalist Production: Underlying Causes of the Great Recession" (2011)