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News
October 8, 2026
HSE Experts Take Part in 23rd Annual Meeting of Valdai Discussion Club
The 23rd Annual Meeting of the Valdai Discussion Club was held from September 28 to October 1, 2026 under the theme ‘Responsibility for the Future: Limits of the Possible, or Limitless Possibilities?’ The forum brought together 120 experts from 40 countries, including representatives of China, the United States, India, Brazil, the United Kingdom, Germany, Egypt, Iran, and Japan.
October 7, 2026
‘Our Team Consists of True Leaders in Their Respective Academic Disciplines
The HSE International Centre of Decision Choice and Analysis studies a wide range of methods for analysing decision-making and possible scenarios for the development of natural, socio-economic, and political phenomena using various mathematical models. The application of advanced mathematical methods to forecasting helps to prevent negative outcomes and avoid erroneous decisions. The HSE News Service spoke to the centre’s director, Prof. Fuad Aleskerov, about its work.
October 6, 2026
International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod Brings Together Scientists from Russia and Serbia
The International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod’ was held at the Nizhny Novgorod House of Scientists from September 23 to 26. The event was organised by HSE University–Nizhny Novgorod and the Nizhny Novgorod House of Scientists, with the participation of Sberbank and the Institute of Physics Belgrade. The symposium was held for the second time: the first conference took place in 2025 and attracted considerable interest from the academic community.

 

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Маржинализм и марксизм: первая встреча

Вопросы экономики. 2021. № 2. С. 102–132.
Kapeliushnikov R.

The paper discusses a critical episode in the history of economic thought of the 19th century — the first encounter between marginalism and Marxism. It happened in 1884, when Philip Wickstead published a short twenty-page text in the magazine of “scientific” socialism “To-Day” under the laconic title “Das Kapital: a Сriticism”. The paper briefly traces the creative path of Wickstead; considers the reasons that prompted him to make a stand against Marxism; analyzes his main criticisms; describes the reaction to them by his contemporaries (both professional economists and adherents of socialism) and evaluates the place of his work in the history of ideas. It is noted that Wicksteed’s article was not only the first encounter of marginalism with Marxism, but also the first popular exposituion of the theory of marginal utility (in the version of S. Jevons), which was completely new for that time. His criticism was radical in nature, since it was aimed not at revealing partial shortcomings, but at the complete collapse of the Marxist construction and its replacement with an alternative theoretical scheme. Amazingly, none of Marx’s supporters dared to accept Wickstead’s challenge and his criticism was never publicly contested by them. This seemingly inconspicuous event turned out to be of crucial historical significance. Under the influence of Wickstead, the Fabians rejected the labor theory of value and British socialism (in its main part) ceased to be Marxist forever.

Research target: Economics and Management
Language: Russian
DOI
Text on another site
Keywords: теория ценности марксизммаржинализмМарксУикстид
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