Search Results - subject:"theory of value"

Where is the labor theory of value in Adam Smith? : Adam Smith's value theory revisited

Hurtado, Jimena; Paganelli, Maria Pia - In: Journal of contextual economics : Schmollers Jahrbuch 143 (2023) 1/4, pp. 105-121

Nations as the place to find his theory of value. And most commentators attribute to Adam Smith some versions of a labor … theory of value. But in those chapters, Smith is looking for a stable unit of measurement of value and the reservation price … of bringing goods to market. We thus suggest that the labor theory of value in Smith is a Ricardian construct, not a …

Persistent link: https://www.econbiz.de/10015423464

The value theory puzzle : will asking the right questions lead to new results?

Laibman, David - In: World review of political economy : journal of the … 16 (2025) 3, pp. 402-433

To progress beyond the orthodoxy vs. skepticism divide, Marxist value theory must endorse both qualitative research into the social relations underlying economic phenomena and careful quantitative modeling. It must also accept scientific conclusions, wherever they may lead. New investigations...

Persistent link: https://www.econbiz.de/10015467831

The economic surplus : a history of an eventually problematic idea

Osborne, Evan - In: Economic affairs : journal of the Institute of Economic … 45 (2025) 1, pp. 45-61

Persistent link: https://www.econbiz.de/10015373445

Classical Marxist accounting research : a literature review and directions for future research

Mantzari, Elisavet; Smyth, Stewart; Lanka, Sanjay - In: Critical perspectives on accounting : an international … 101 (2025), pp. 1-38

Persistent link: https://www.econbiz.de/10015439102

Surplus approach, Historical Materialism, and precapitalist economies : some open questions

Cesaratto, Sergio - In: PSL quarterly review 78 (2025) 313, pp. 205-224

In the classical economists' surplus approach retrieved by Sraffa (1951; 1960) and Garegnani ([1960] 2024), institutions regulate the material basis of society and, in particular, the extraction and distribution of the social surplus. In this regard, classical theory provides a material anchor,...

Persistent link: https://www.econbiz.de/10015444023

Union renewal in Chile and the rate of surplus value : a Marxist approach

Durán Sanhueza, Gonzalo Ignacio; Stanton, Michael - In: World review of political economy : journal of the … 16 (2025) 2, pp. 252-280

In Chile during the period 2006-2016, workers' organization and industrial insurgency grew, especially in the export sectors of the economy. The conventional approach has labeled this period as one of union renewal since rank-and-file organizations involved measures such as strikes and raised...

Persistent link: https://www.econbiz.de/10015455588

Hume and the labor theory of value

Schabas, Margaret - In: Review of the history of economic thought and methodology 1 (2024) 1, pp. 1-25

The received view does not associate David Hume with the genesis of the labor theory of value, but as is argued here …, Hume issued a number of key propositions that belong to the labor theory of value such that he rightly belongs to the …

Persistent link: https://www.econbiz.de/10015417763

Axiomatic Marxian exploitation theory : a survey of the recent literature

Chinnock, Rylan; Veneziani, Roberto; Yoshihara, Naoki - 2024

-Exploitation Correspondence Principle. Finally, we examine the relevance of the labour theory of value in these axiomatic studies of the proper …

Persistent link: https://www.econbiz.de/10014475994

Axiomatic Marxian exploitation theory : a survey of the recent literature

Chinnock, Rylan; Veneziani, Roberto; Yoshihara, Naoki - 2024

Persistent link: https://www.econbiz.de/10014464393

A statistical equilibrium approach to Adam Smith's labor theory of value

Scharfenaker, Ellis; Miller Theodosio, Bruno; Foley, … - 2024

Adam Smith's inquiry into the emergence and stability of the self-organization of the division of labor in commodity exchange is considered using statistical equilibrium methods from statistical physics. We develop a statistical equilibrium model of the distribution of independent direct...

Persistent link: https://www.econbiz.de/10015070701