Book launch of “Marx’s Theory of Value at the Frontiers”
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Book launch of
Marx’s Theory of Value at the Frontiers: Classical Political Economics, Imperialism and Ecological Breakdown
by Güney Işıkara and Patrick Mokre
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Join us on Wednesday 12th November 2025 (5:00-6:30pm) at Goldsmiths, University of London, for the launch of “Marx’s Theory of Value at the Frontiers: Classical Political Economics, Imperialism and Ecological Breakdown”, the new book by Güney Işıkara and Patrick Mokre.
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Summary:
The book examines the unequal exchange of labour in the global economy. Drawing on the works of Marx, Sraffa, Pasinetti, and Shaikh, the authors develop a novel empirical approach to measuring unequal exchange on a global scale. The book makes a major contribution to debates on dependency theory, uneven development, and core-periphery relations.
It demonstrates that the classical political economists’ approach to value and prices, which finds its most advanced formulation in Marx, sheds light on the source of profits, exploitation, whether equivalents are exchanged in trade, dynamics of asymmetric and uneven accumulation, and the relationship of production to non-human natures at large. Understanding these phenomena is key to understanding the economic regularities underlying the key issues facing the world in the twenty-first century: imperialism and ecological breakdown. It argues powerfully that deviations between market prices, production prices, and labor values are central to understanding international value transfers due to differential capital compositions and rates of exploitation, as well as the central role of rent and accumulation in capitalism-induced ecological crisis.
The book is structured to provide an understandable introduction to the classical approach to value and prices, and its modern expression in empirical applications making it of great interest to readers in Economics, Political Economy, Politics and Sociology.
You can purchase the book via this link.
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Speaker bio:
Patrick Mokre works at the Austrian Federal Chamber of Labour in Vienna. He received his PhD in Economics from the New School for Social Research in 2022. Patrick’s research gravitates around the political economy of labor, inequality, and capitalism. Within the AHE, Patrick is one of the coordinators of the Quantitative Political Economy stream.
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Event schedule (90 minutes):
[1] Welcome and opening remarks – Ragu Venkatachalam (5 mins)
[2] Introducing the speakers – Tomas Rotta (5 mins)
[3] Book presentation – Patrick Mokre (40 mins)
[4] Comments – Ingrid Kvangraven, King’s College London (15 mins)
[5] Q&A (25 mins)
[6] Drinks at a local pub from 6:30pm
The speakers will aim to make it engaging for both economists and non-economists.
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Date and time:
12th November 2025 at 5:00-6:30pm (Wednesday)
Goldsmiths, University of London, Deptford Town Hall, room G-16 (ground floor). Click here to see the venue on Google Maps.
No need to register, you can just walk in when you arrive. The event will not be recorded or streamed online. This will be an in-person event only.
Click here to view the event webpage.
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Sponsors:
The event is sponsored by the Structural Economic Analysis Research Unit at Goldsmiths, University of London, and the Association for Heterodox Economics.
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