Exploitation of labour or exploitation of commodities?

Deepankar Basu (Department of Economics, UMass Amherst)

Attempts to use commodities to construct theories of value and use such value theory to claim that, in capitalism, commodities can be exploited, just like labour is, rest on two conceptual aws: (a) failure to distinguish between labour and labour-power; and (b) failure to distinguish labour-power and other commodities. One way to avoid these conceptual mistakes is to use the labour theory of value.

Year of publication:	2020
Authors:	Basu, Deepankar
Publisher:	Amherst : University of Massachusetts Amherst
Subject:	labour theory of value \| generalized commodity exploitation theorem \| Marxismus \| Marxism \| Arbeitswerttheorie \| Labour theory of value

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