<span><span>This volume brings together all the major contributions to the recent decade-long controversy over Karl Marx's theory that exploitation of workers is the exclusive source of capitalists' profits. The debate explores different modern interpretations' success in confirming Marx's conclusion.</span></span><br /><span><span> </span></span>

During the last two decades, many Marxian economists have brought forth empirical evidence that supposedly supports a version of the “labor theory of value” that Marx rejected, namely the theory that individual commodities’ prices tend to equal their values. However, recent studies have...