Search Results - subject:"value theory"

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

Many commentators claim Adam Smith failed to realize that no objective standard of value exists. Instead, he adhered to 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...

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

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

Towards a renewal of the Marxist theory of value, recent debates

Jaramillo González, Samuel - 2020

Persistent link: https://www.econbiz.de/10012498958

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

Jaramillo, Samuel - 2020

This text is inscribed in the debates raised by the new and growing interest in the economic theses of Karl Marx and, especially, in his Labor Theory of Value. The notion that animates this text argues that the multiple objections that have been raised about it actually point to versions and...

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

Capital Redefined: A Commonist Value Theory for Liberating Life

Hosseini, S A Hamed; Gills, Barry K. - 2024

accounts. Hosseini and Gills offer an expanded perspective on Marxian value theory by addressing its main limitations and … building their own integrative value theory. They argue that the current understanding of "value" must be re-examined and … objectivity. They introduce their "commonist value theory," which redefines capital as both the product and process of perverting …

Persistent link: https://www.econbiz.de/10014520264

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/10015097068

What is diverse?: A study of media diversity perceptions in the era of OTT services in South Korea

Jung, Seo Hyun; Park, Joo Yeun - 2024

Persistent link: https://www.econbiz.de/10015057343

On Marx and accounting: an empirical study of the transformation of values into prices of production in the Brazilian contemporary economy, 2010-2022

Moraes, Leonardo Segura; Azevedo, Raquel de - In: PSL quarterly review 77 (2024) 310, pp. 263-288

The purpose of this paper is to present some notes on the contemporary Brazilian economy between 2010 and 2022, translating items from the value added statement (VAS) and the balance sheet of a sample of 48 companies that make up the Bovespa Index (Ibovespa, in Portuguese) portfolio into Marxist...

Persistent link: https://www.econbiz.de/10015191305