Search Results - subject:"labor theory of value"

Marx's concept of “exploitation” and the problem of measurement

Kurz, Heinz D.; Salvadori, Neri - In: Journal of economic behavior & organization : JEBO 212 (2023), pp. 887-896

Persistent link: https://www.econbiz.de/10014471716

On the empirical regularities of Sraffa prices

Shaikh, Anwar; Coronado, José Alejandro; Nassif-Pires, … - In: European Journal of Economics and Economic Policies: … 17 (2020) 2, pp. 265-275

This paper focuses on a key concern of the Cambridge capital controversies: Sraffa's theoretical demonstration that competitive relative prices, and hence the money value of aggregate capital, can vary in complex ways as the wage share (profit rate) changes. We find that, on the contrary,...

Persistent link: https://www.econbiz.de/10014363388

Updates of empirical estimates of Marxian categories : the Philippines 1961-2012

Venida, Victor S. - 2020

Persistent link: https://www.econbiz.de/10013534531

Why Did Adam Smith Suggest a Labor Theory of Value?

Robinson, John - 2020

the labor theory of value. Like others, we argue that in the The Wealth of Nations Smith discussed the “early and rude … state” in which the labor theory of value made some sense since labor and human circumstances were relatively simple and … knowable. However, because the labor theory of value is only sensible in that special case, his description of the theory …

Persistent link: https://www.econbiz.de/10012832756

The surplus approach, Polanyi and institutions in economic anthropology and archaeology

Cesaratto, Sergio; Di Bucchianico, Stefano - 2020

Persistent link: https://www.econbiz.de/10012210336

Exploitation of labour or exploitation of commodities?

Basu, Deepankar - 2020

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...

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

Can commodities be substances of value?

Basu, Deepankar - 2020

The Marxian labour theory of value considers labour as the only substance of value. The generalized commodity exploitation theorem (GCET) purports to demonstrate that many other commodities can be substances of value. This note argues that the GCET is based on two conceptual aws: (a) failure to...

Persistent link: https://www.econbiz.de/10012252231

From the core to the cores : surplus approach, institutions and economic formations

Cesaratto, Sergio; Di Bucchianico, Stefano - 2020

Persistent link: https://www.econbiz.de/10012486576

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 … contribute to the formulation of an Abstract Labor Theory of Value …

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