Value, Money, Profit, and Capital Today - Research in Political Economy

Drawing on the perspectives of both leading experts and early career academics from China, Senegal, Cuba, Brazil, France, Italy, Spain, and the UK, this 39th issue of Research in Political Economy integrates, articulates, and discusses the concepts of value, profit, money, and capital within a common theoretical and empirical framework. Divided into four distinct parts, chapters highlight:

• the relevance of value in contemporary Marxist theory
• the hegemony of the US dollar and its recent erosion
• major monetary problems currently faced by Africa as a result of colonial legacies
• alternative monetary and financial tracks being tested in Latin America, including monetary regionalization and resistance to the domination of the dollar
• the current state of national debt in the Global South, including possible solutions
• the difficulties in evaluating transnational corporate profit in the era of globalization
• the evolution of profit rates in the United States, Europe, and Latin America over the past several decades
• a study of France's rate of profit over more than a century
• fictitious and financial capital
• the recent emergence of cryptocurrencies and some of the challenges that this entails

Connecting fundamental, theoretical, and empirical subjects with the most current scholarship on value, money, profit and capital today, this book makes sense of our increasingly interconnected global economy, highlighting key issues and proposing real-world solutions from the most knowledgeable researchers in the field.