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Fred Moseley
Professor of Economics
Mount Holyoke College
Curriculum Vitae
Courses Taught
"I assume readers are willing to learn something new and therefore to think for themselves."


"All economists share the error of examining surplus value not as such, in its pure form, but in particular forms of profit and rent."


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Marx Archives

Papers (please note that Adobe Acrobat is required to view some of the papers below):

Paper for Paris Conference:

"The Macro-monetary Interpretation of Marx's Theory and A Sympathetic Critique of the 'New Interpretation'"

Marx's Theory of Capitalism:

Working Papers and book chapters (to be published)
The "Monetary Expression of Labor": in the Case of Non-commodity Money
Marx's Theory of Value and Money: A Critique of Reuten's "Value-Form" Interpretation of Part 1 of Volume 1
of Capital
Introduction to Money and Totality: Marx's Logic in Capital
Determination of Constant Capital and Variable Capital.
  Chapter3 of a forthcoming book: Money and Totality: Marx's Logic in Capital
Money Has No Price: Marx's Theory of Money and the Transformation Problem
A Critique of Benetti's Critique of Marx's Deriviation of the Necessity of Money
Are There Contradictions and Ambiguities in Chaapter 1 of Capital ?
The Determination of Constant Capital in the Case of a Change in the Value of the Means of Production
Abstract Labor: Substance or Form? A Critique of the Value-Form Interpretation of Marx's Theory
Published Papers

Money and Totality: Marx's Logic in Volume 1 of Capital

  in R. Belloriore and N. Taylor (eds.), The Constitution of Capital: Essays on Volume 1 of Capital, Palgrave, 2003
Hostile Brothers: Marx's Theory of the Distribution of Surplus-Value in Volume 3 of Capital
  in G.Reuten (ed.), The Culmination of Capital: Essays on Volume 3 of Capital, Palgrave,2002
The Development of Marx's Theory of the Distribution of Surplus Value

in F. Moseley and M. Campbell (eds.), New Investigations of Marx's Method Humanities Press, 1997

The "New Solution" to the Transformation Problem:   A Sympathetic Critique

Introduction to Dussel -- Toward an Unknown Marx: Commentary on the Manuscripts of 1861-63

  in Routledge, 2001

Introduction to Dussel --  The Four Drafts of Capital:  Towards a New Interpretation of the Dialectical Thought of Marx

  in Rethinking Marxism, 2001
  *** Read Enrique Dussel's paper "The Four Drafts of Capital"

The 'Heart and Soul' of Marx's Critique of Capitalism: Exloitation or Social Form - or Both?

  in Rethinking Marxism, 2002
Marx's Theory: True or False? A Marxian Response to Blaug's Appraisal
  in Moseley (ed.), Heterodox Theories: True or False?, Elgar, 1995  

Analysis of US Capitalism

Is the U.S. Economy Headed for a Hard Landing? (Word document)

Marxian Crisis Theory and the Postwar US Economy
  in A.Saad-Filho (ed.), Anti-Capitalism: A Marxist Introduction Pluto Press, 2003

The Decline of the Rate of Profit in the Postwar US Economy (A Comment on Brenner)
  in Historical Materialism, 2000
The U.S. Economy in 1999: Goldilocks Meets the Big Bad Bear?
  in Monthly Review, 1999
Goldilocks Meets a Bear: How Bad Will the US Recession Be?
The United States Economy at the Turn of the Century: Entering a New Era of Prosperity?
  in Capital and Class, 1999
The Rate of Profit and the Future of Capitalism
  in Review of Radical Political Economics, 1997
Review of Marxian Political Economy: Theory, History and Contemporary Relevance,
  by Bob Milward in Science and Society, 2000
Review of Marx's Revenge by Meghnad Desai in Review of Radical Political Economics,

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Courses Taught

History of Economic Thought

U.S. Economic History

Marxian Economic Theory

Principles of Macroeconomics

Introduction to Political Economy

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Telephone #: (413) 538-2517

Fax #: (413) 538-2512

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