This volume contains a translation of a discussion of Marx's value theory compared to Ricardo's, an interpretation upon which Marx himself commented favourably. Various articles debate a range of topics based on capital in a socialist system, some philosphical in nature, others practical.

Finally, the Stalinist ideological formation as a key component of Soviet history is developed from a Marxist perspective by Charles Bettelheim.

Sieber's Reading of Capital, Volume 1: Marx on Sieber
Marx's Theory of value and money (Abridged), Nikolai Ivanovich Sieber (1871), translated by R. Mananova and J.D. White from David Ricardo's theory of value and capital in connection with the latest contributions and interpretations
The spectral reality of value - Sieber, Marx, and commodity fetishism, (D. Smith). Political economy of capitalism and a socialist alternative: Capital accumulation and the composition of capital, (A. Saad-Filho)
Criteria of technical choice and evolution of technical change, (C.S. Park)
On the political economy of socialism - Against the regulation of social relations by markets, (M. Konings). Ideology: Alienation, ideology and fetishism, (T. Suchere)
The world as a game in Sraffa and Wittgenstein - A case study in modern bourgeois ideology, (J. Sandemose)
Stalinist ideological formation - Absolute general secretary and the proletarian fetish, (C. Bettelheim), translated by A.D. Bhogle.