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Probability, Economics and the Labour Theory of Value

“In our book Laws of Chaos, published by Verso in 1983, we advocate a fundamental methodological shift in the foundations of political economy. Economists and economic philosophers have often pointed out the essentially indeterminate and statistical nature of economic categories such as price and rate of profit. Marxists, . . .” read more

The Class Nature of Israeli Society

“Israeli society, like all other class societies, contains conflicting social interests—class interests which give rise to an internal class struggle. Yet Israeli society as a whole has been engaged, for the last fifty years, in a continuous external conflict: the conflict between Zionism and the Arab world, particularly . . .” read more