Abstract

These are comments on David McNally’s 2024 David Gordon Memorial Lecture. In this response, I point to the immanent critique present in Professor McNally’s remarks. I then show the potential usefulness of immanent critique for an engagement with neoclassical economics, and I consider the consequences for Marxist economics of characterizing the critique of political economy as a critical theory of economic categories. JEL Classification: B14, B51, B24

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