ABSTRACT
This chapter summarises the value analysis developed previously, through a critical review of Marxian contributions to the theories of money, credit and inflation. It is divided into four sections. The first briefly reviews Marx’s theory of money and credit, including the forms and functions of money. The second explains the relationship between money and prices of production, and develops the possibility of valueless paper currency in the Marxian system. The third critically analyses three Marxian theories of inflation, and indicates how they can be developed further. The fourth section concludes this chapter.
