Critical political economy: the ‘market-centric’ model of economic theory must remain in the past – notes of the Post-Soviet School of Critical Marxismстатья

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[1] Buzgalin A., Kolganov A. Critical political economy: the ‘market-centric’ model of economic theory must remain in the past – notes of the post-soviet school of critical marxism // Cambridge Journal of Economics. — 2016. — Vol. 40, no. 2. — P. 575–598. first published online January 27, 2015. ABSTRACT: It is argued that a critical redefinition both of classical political economy and of the Marxist approach is required to understand the economy of the twenty-first century. There is also a need to respond to (neo)positivist and post-modernist approaches. The paper offers a critique of the ‘market-centric’ model of economic theory and articulates a theory about the nature of post-market economic relations. It is hypothesised that theoretical innovations are required for an adequate investigation of the new world of creative work and of knowledge-based society. These innovations are, in particular, political economic theory of total corporate-network market and new proofs of the antagonism between market and creativity. KEY WORDS: market, market-centric model of economic theory, post-market relations, political economy, creative work, knowledge-based society, Marxism. JEL codes: B41, B51, P160. [ DOI ]

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