James O'Connor (economist)

James O'Connor is an economist known for developing the "value-form" approach, which analyzes how value is created and expressed through social relations, especially in capitalist economies. He emphasizes that economic value is not just about prices but is deeply connected to social and historical contexts. O’Connor critiques traditional economics by highlighting the importance of understanding the underlying social structures and power dynamics that shape economic processes, aiming to offer a more comprehensive view of how capitalism functions and impacts society.