ABSTRACT
For several decades following the end of the Second World War the theory of money remained a relatively neglected part of Marxist economics, particularly within Anglo-Saxon Marxism which has gradually come to play a leading role in Marxist theory. This rather warped evolution of Marxist economics merits examination as a separate topic in the history of economic thought, particularly as monetary phenomena form such an integral part of Marx’s oeuvre. Since the late 1970s, however, things have begun imperceptibly to change and a corpus of work has emerged which is a recognisable theory of money, although it does not yet constitute monetary theory in the full sense of the term.
