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ISBN: 9781773634197-03

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Marx’s Theories of Value, Capital and Crisis


From: Twilight Capitalism


This chapter describes key concepts from Marx’s economic theories, and suggests that the questions arising from these theories are more important than ever as capitalism approaches its breaking point.



Murray E.G. Smith

Murray E.G. Smith is Professor of Sociology at Brock University. He has been active on the socialist left in Canada since the 1970s, participating in a variety of campaigns and progressive movements for social change.

Jonah Butovsky

Jonah Butovsky is associate professor of sociology at Brock University.

Josh J. Watterton

Joshua J. Watterton is pursuing a PhD in geography at York University.