Search Results - subject:"Theory of Value"

Exploitation of labour or exploitation of commodities?

Basu, Deepankar - 2020

is to use the labour theory of value. …

Persistent link: https://www.econbiz.de/10012395313

Towards a Renewal of the Marxist Theory of Value. Recent Debates

Jaramillo, Samuel - 2020

, especially, in his Labor Theory of Value. The notion that animates this text argues that the multiple objections that have been … that his own version on the theory of value was not only different, but much more advanced and rigorous than that of his … predecessor. In this text it is proposed that the new explorations on the theory of value, very promising for a critical …

Persistent link: https://www.econbiz.de/10012824139

The transformation from value determination to value realization : the logical dilemma of the Okishio theorem

Wang, Shengsheng; Li, Bangxi; Gu, Shan - In: China political economy 4 (2021) 1, pp. 128-142

Purpose - Different from Marx's analysis of the dialectical relationship between the production and realization of surplus value, the Okishio theorem only shows one aspect of the contradictory movement of the total social capital, that is, the reverse effect of the realization of surplus value...

Persistent link: https://www.econbiz.de/10012873088

The European economic crisis from 2007 onwards in the context of a global crisis of over-production of capital - a Marxian monetary theory of value interpretation

Gander, Sascha - 2019

perspective of a Marxian monetary theory of value that emphasizes in-trinsic, structural flaws regarding capitalist reproduction …' Marxian monetary theory of value will be presented. Heinrich identifies connections between production and realization … Marxian mon-etary theories of value. It is concluded that a Marxian monetary theory of value, with the characteristics of …

Persistent link: https://www.econbiz.de/10012063855

Disproving Karl Marx’s Labor Surplus Theory

Choi, Hak - 2021

This paper proves that Marx had exaggerated labor’s physical and monetary contribution, and that he had told only half of the story. The full story then disproves Marx’s slogan of exploitation and redistribution

Persistent link: https://www.econbiz.de/10013235420

A Marginal Analysis of Labour Values

Hagendorf, Klaus - 2021

This paper introduces the concept of marginal labour value in the framework of perfect competition and shows that prices are proportional to marginal labour values. By this marginal analysis overcomes the classical contradiction of labour commanded and labour embodied. Furthermore the curves of...

Persistent link: https://www.econbiz.de/10013238333

Theory of Employment, Wealth and Efficient Labour Market through National Labour Exchange

Agarwal, J.D; Agarwal, Manju; Agarwal, Aman; Agarwal, Yamini - 2021

economics, but supports Ricardo’s theory of Value and Laissez faire through efficient labor market. The paper opposes Keynesian …

Persistent link: https://www.econbiz.de/10013240913

Marx's Theory of Ground-Rent : A Suggested Reformulation

Basu, Deepankar - 2021

This paper develops a simple theoretical model to analyze Marx’s theory of ground rent. Using the model, I demonstrate two important results. First, if we take capital as exogenous, then total ground-rent can be decomposed into the three components: differential rent of the first variety...

Persistent link: https://www.econbiz.de/10013241918

A critique of Moseley's Money and Totality

De Marco, Guido - In: World review of political economy : journal of the … 12 (2021) 1, pp. 106-132

In his macro-monetary interpretation of Marx's theory of value, Fred Moseley claims that Marx's prices of production …

Persistent link: https://www.econbiz.de/10014434051

Public ownership, worker control, and the labour epistocracy problem

Vrousalis, Nicholas - In: Review of social economy : the journal for the … 79 (2021) 3, pp. 439-453

Persistent link: https://www.econbiz.de/10012625606