Marxism and Marginalism

This short paper presents the Marxian value theory and its contradiction. As an alternative Marginalism is introduced and it is shown that marginal cost is equal to the monetary expression of marginal labour value. Marginal labour value is proportional to the price

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Year of publication:	[2023]
Authors:	Hagendorf, Klaus
Publisher:	[S.l.] : SSRN
Subject:	Marxismus \| Marxism \| Sozialismus \| Socialism \| Grenznutzentheorie \| Marginalism \| Ökonomische Ideengeschichte \| History of economic thought

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Extent:	1 Online-Ressource (5 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 10, 2023 erstellt
Other identifiers:	10.2139/ssrn.4414009 [DOI]
Classification:	B14 - Socialist; Marxist ; B21 - Microeconomics ; D46 - Value Theory
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014357728