I.I. Rubin was the most important economist in the Soviet Union in the 1920s and is still influential today in Marxian scholarship around the world. This book presents assessments of Rubinâs legacy for Marxian scholarship by 10 Marx scholars from six different countries and will be essential reading for Marx-Rubin scholars going forward. The main controversy continues to be the relative significance of production and circulation in the determination of the value of commodities. A majority of authors in this book conclude that Rubinâs predominant view in the later editions of his book was that value is determined in production and realized in circulation, which is contrary to the popular value-form interpretation of Rubinâs book.
Fred Moseley is Emeritus Professor of Economics at Mount Holyoke College in Massachusetts. His published books are The Falling Rate of Profit in the Postwar United States Economy (1992) and Money and Totality: Marxâs Logical Method in Capital and the End of the Transformation Problem (2016), and he was the editor of five volumes of the International Symposium on Marxian Theory.
This book is especially relevant to Marx scholars around the world and graduate students in courses on Marxian economists