Search Results - subject_exact:"Labour theory of value"

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Wage theft and the struggle over the working day in hospitality work : a typology of unpaid labour time

Cole, Matthew; Stuart, Mark; Hardy, Kate; Spencer, David A. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014576051

Axiomatic Marxian exploitation theory : a survey of the recent literature

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

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014464393

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Axiomatic Marxian exploitation theory : a survey of the recent literature

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

Book / Working Paper

Axiomatic Marxian exploitation theory : a survey of the recent literature

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

Book / Working Paper

Production of commodities by means of labour : rehabilitation of the law of value

Helmedag, Fritz - 2026

This book revitalises the labour theory of value as a framework for determining production prices and explores its implications for economic theory and policy. Through an in-depth review of economists such as Adam Smith, David Ricardo, Karl Marx, and Piero Sraffa, it uncovers that the profit...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015640758

The economic surplus : a history of an eventually problematic idea

Osborne, Evan - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015373445

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

Hurtado, Jimena; Paganelli, Maria Pia - 2025

Commentators often follow David Ricardo in looking, especially, at chapters Vand VI of Book I of Adam Smith's Wealth of 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...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015423464

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

Laibman, David - 2025

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, ebvufind01.dmz1.zbw.eu/10015467831

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

Durán Sanhueza, Gonzalo Ignacio; Stanton, Michael - 2025

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, ebvufind01.dmz1.zbw.eu/10015455588

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

Mantzari, Elisavet; Smyth, Stewart; Lanka, Sanjay - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015439102

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

Cesaratto, Sergio - 2025

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, ebvufind01.dmz1.zbw.eu/10015444023

Analysis of the process of labour value creation in the digital economy from the perspective of Marxian political economy

He, Aiping; Li, Qinghua - 2025

This study aims to analyze the value creation process of the digital economy.Drawing on Karl Marx's theoretical analysis of labour value creation in the industrial economy, labour value creation in the digital economy can be divided into two aspects: value transfer from digital means of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015563842

Introduction to Marx's theory of value in chapter 1 of Capital : a critique of Heinrich's value-form interpretation

Moseley, Fred - 2025

This article is an introduction to my recent book Marx's Theory of Value in Chapter 1 of Capital: A Critique of Heinrich's Value-Form Interpretation . My book is a detailed textual study of Chapter 1 of Volume 1 of Capital and of Michael Heinrich's value-form interpretation of Chapter 1, as...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015592348

Axiomatic Marxian exploitation theory: A survey of the recent literature

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

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014480489

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Axiomatic Marxian exploitation theory: A survey of the recent literature

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

Book / Working Paper

What remains valid of the first chapter of Marx's Capital

Petri, Fabio - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014547038

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

Scharfenaker, Ellis; Miller Theodosio, Bruno; Foley, … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015668842

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

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

Book / Working Paper

The value of money : a survey of heterodox approaches

Wray, L. Randall - 2024

This paper examines heterodox theories of the determinants of the value of money. Orthodox approaches that tie money's value to relative scarcity of money or to the price level are rejected as inconsistent with the monetary theory of production embraced by heterodox traditions linked to Marx,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015135051

Market competition, labor value and price : a Marxist disequilibrium theoretical and empirical framework

Feng, Zhao; Zhang, Jianbao; Luo, Zhen - 2024

Purpose - The correlations and deviations between market prices, production prices and values are critical indexes for testing the labor theory of value. However, there is not yet a universally accepted method of solving for the production price vector, and given the complexity and volatility of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015121148

Income distribution and the rate of profit in Marx and the classics : a comparative study

Scarano, Giovanni - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015339373

Welche Arbeit schafft den Wert? : Überlegungen zu einer eindeutigen Begründung des Unterschieds zwischen produktiver und unproduktiver Arbeit

Samol, Peter - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015325932

Hume and the labor theory of value

Schabas, Margaret - 2024

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 classical school of political economy. Hume articulated both...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015417763

Sweatshops and exploitation : a critical analysis of the scholarly debate

Balaji, Ridhiman - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015046136

Marx's theory of value at the frontiers : classical political economics, imperialism and ecological breakdown

Işıkara, Güney; Mokre, Patrick - 2026

1. Introduction -- 2. Value and prices in classical political economics -- 3. The empirical strength of the labor theory of value -- 4. International trade, value transfers, and imperialism -- 5. Ecological breakdown, ground rent, and the law of value.

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015582533

Scarcity in the theories of value

Palumbo, Antonella - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641886

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Scarcity in the theories of value

Palumbo, Antonella - 2021

Article

Marx's economics from value, price and profit

Patnaik, Prabhat - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641998

An integration of Sraffa's price equations inside Marx's capitalist monetary circulation

Perri, Stefano; Oro, Gianmarco - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652490

Between Sraffa and Marx : Pasinetti and the new interpretation of the labour theory of value

Oro, Gianmarco; Perri, Stefano - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652518

Alternative approaches to labor values and prices of production : theory and evidence

Moraitis, Thanos; Basu, Deepankar - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015666348

Complementary applications of the conservation principle

Olsen, Erik K. - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015668838

Knife-edge instability and the rate of surplus value : theory and empirical evidence

Chatzarakis, Nikolaos; Tsalikē, Persephonē - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015668839

Warum Kapitalismus nicht reformiert und Kommunismus nicht erträumt werden kann

Lueer, Hermann - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015628515

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, ebvufind01.dmz1.zbw.eu/10012395313

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Exploitation of labour or exploitation of commodities?

Basu, Deepankar - 2020

Book / Working Paper

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, ebvufind01.dmz1.zbw.eu/10012252231

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Can commodities be substances of value?

Basu, Deepankar - 2020

Book / Working Paper

The Procedural Surplus Values for Cooperative Games

Zhang, Li; Xu, Genjiu; Sun, Hao; Li, Wenzhong - 2023

In this paper, we introduce a new class of values for cooperative games, named procedural surplus values, which is determined by procedures of sharing marginal surplus. Considering that the level of solidarity among players in a coalition may be related to the size of the coalition, this class...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014356018

The labor theory of value and the problem of joint production : the failure of Sraffa's theory and Morishima's misconception

Flamant, Christian - 2023

The labor theory of value has been rejected by Morishima on the grounds that it would be incompatible with joint production, which would create negative labor values. This article starts by recalling the various definitions of joint production, as well as the way they relate to the real world....

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014434277

A critique of the simultaneist interpretation of work intensity in Marx's value theory from the TSSI perspective

Deytha Mon, Alan A.; Hernández Solorza, A. Sebastián - 2023

This article makes an analytical critique of the position of Basu, Haas, and Moraitis, who, by extending the conventional linear system for the simultaneous determination of value, argue that in Marx's economic theory the intensification of work generates absolute surplus value and is not...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014434278

Surplus approach and institutions : where Sraffa meets Polanyi

Cesaratto, Sergio - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015532561

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Surplus approach and institutions : where Sraffa meets Polanyi

Cesaratto, Sergio - 2023

Book / Working Paper

Schools of Athens : surplus approach, Marxism and institutions

Cesaratto, Sergio - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014336237

Alternative approaches to labor values and prices of production : theory and evidence

Basu, Deepankar; Moraitis, Athanasios - 2023

In this paper, we discuss three approaches to estimating classical prices of production(long run equilibrium prices) in both a circulating capital model and a model that includes capital stock: the Standard Interpretation of Marx's value theory, the New Interpretation of Marx's value theory, and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014292227