Marx, Faraday, and the Spectral Objectivity of Value
What can Victorian table-turning tell us about Marx’s theory of value? Ian Wright investigates. The “Gypsy” Table In the early 1980s, my grandparents lived in …
Ian Wright
Letter: A Reconsideration of Surplus Value, Machines, and Profit
Dear Cosmonaut Magazine, You recently published my letter in your magazine, in which I criticized Marx’s theory of profit and surplus value along the lines …
Letter: Surplus Value, Machines, and Profit
Dear Cosmonaut, I’m a Hungarian historian and philosopher with a lively interest in Socialist and Marxist ideas; but I’m not a convinced Marxist. For me, …
Letter: Ian Wright Responds on Machines and Value
My thanks to Rudy and Gil Schaeffer for taking the time to respond to my article, “Why machines don’t create value”. I’ll keep my responses …
Why Machines Don’t Create Value
Ian Wright defends Marx’s theory of surplus-value and its claim that human labor is the ultimate cause of economic profit. In the topsy-turvy world of …
The Genesis of the Transformation Problem
The infamous Transformation Problem has long stood as a supposed example of the failure of Marx’s economic theories. Ian Wright gives an explanation of the …