M.C. HOWARD is Professor of Economics at the University of Waterloo, Canada. His main research interests are in economic theory. J.E.KING is Professor of Economics at La Trobe University, Australia. His main research interests are in the history of heterodox economic thought, especially Marxism and Post Keynesian theory.

• Introduction PART 1: HISTORICAL MATERIALISM: A THEORY OF ECONOMIC SYSTEMS A General Theory of Economic Systems A Theory of Capitalist Economic Systems PART 2: THEORISTS OF MODERN CAPITALISM ON THE DECLINE OF THE MARKET Marx and the Marxists on the Decline of the Market Neoclassicals, Keynesians and Heterodox Economists on the Decline of the Market PART 3: NEOLIBERALISM AND MODERN CAPITALISM Market Elimination in Modern Capitlism: Where the Theorists were Right The Return of the Market: Where They All Went Wrong PART 4: THE RISE AND DECLINE OF NEOLIBERALISM IN ADVANCED CAPITALISM Why Was Neoliberalism Delayed? What Might Reverse Neoliberalism?

M.C. HOWARD is Professor of Economics at the University of Waterloo, Canada. His main research interests are in economic theory. J.E.KING is Professor of Economics at La Trobe University, Australia. His main research interests are in the history of heterodox economic thought, especially Marxism and Post Keynesian theory.

• Introduction PART 1: HISTORICAL MATERIALISM: A THEORY OF ECONOMIC SYSTEMS A General Theory of Economic Systems A Theory of Capitalist Economic Systems PART 2: THEORISTS OF MODERN CAPITALISM ON THE DECLINE OF THE MARKET Marx and the Marxists on the Decline of the Market Neoclassicals, Keynesians and Heterodox Economists on the Decline of the Market PART 3: NEOLIBERALISM AND MODERN CAPITALISM Market Elimination in Modern Capitlism: Where the Theorists were Right The Return of the Market: Where They All Went Wrong PART 4: THE RISE AND DECLINE OF NEOLIBERALISM IN ADVANCED CAPITALISM Why Was Neoliberalism Delayed? What Might Reverse Neoliberalism?

M.C. HOWARD is Professor of Economics at the University of Waterloo, Canada. His main research interests are in economic theory. J.E.KING is Professor of Economics at La Trobe University, Australia. His main research interests are in the history of heterodox economic thought, especially Marxism and Post Keynesian theory.

• Introduction PART 1: HISTORICAL MATERIALISM: A THEORY OF ECONOMIC SYSTEMS A General Theory of Economic Systems A Theory of Capitalist Economic Systems PART 2: THEORISTS OF MODERN CAPITALISM ON THE DECLINE OF THE MARKET Marx and the Marxists on the Decline of the Market Neoclassicals, Keynesians and Heterodox Economists on the Decline of the Market PART 3: NEOLIBERALISM AND MODERN CAPITALISM Market Elimination in Modern Capitlism: Where the Theorists were Right The Return of the Market: Where They All Went Wrong PART 4: THE RISE AND DECLINE OF NEOLIBERALISM IN ADVANCED CAPITALISM Why Was Neoliberalism Delayed? What Might Reverse Neoliberalism?