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eBook Marx's Labor Theory of Value: A Defense epub

by Hayashi Hiroyoshi,Roy West

eBook Marx's Labor Theory of Value: A Defense epub
  • ISBN: 0595346006
  • Author: Hayashi Hiroyoshi,Roy West
  • Genre: Business
  • Subcategory: Processes & Infrastructure
  • Language: English
  • Publisher: iUniverse, Inc. (March 29, 2005)
  • Pages: 420 pages
  • ePUB size: 1460 kb
  • FB2 size 1199 kb
  • Formats txt lrf docx lrf


Read instantly in your browser. Hayashi Hiroyoshi has been involved in the movement for socialism for over four decades.

Read instantly in your browser. by Hayashi Hiroyoshi (Author), Roy West (Translator). ISBN-13: 978-0595346004. Opposing both Stalinism and ?new left? radicalism, he has sought to contribute to the creation of a new workers? party. He lives in Tokyo, where is a leading member of the Marxist Comrades Group.

10. Marx's Labor Theory of Value: A Defense (Paperback). Published by iUniverse, United States (2005).

The labor theory of value (LTV) is a heterodox theory of value that argues that the economic value of a good or service is determined by the total amount of "socially necessary labor" required to produce it. LTV is usually associated with Marxian economics, though it also appears in the theories of earlier classical liberal economists such as Adam Smith and David Ricardo and later also in anarchist economics

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Are you sure you want to remove Marx's Labor Theory of Value from your list? . Published March 29, 2005 by iUniverse, In. .

Are you sure you want to remove Marx's Labor Theory of Value from your list? Marx's Labor Theory of Value.

3) Marx’s value theory rooted in production allows for a critique of environmental economic valuation schemes (. payments for ecosystem services) which are based on neoclassical value theories rooted in. 4) Value is abstract social labor, but that means it also abstracts from nature. I conclude by advocating a value theory of nature in the spirit of Diane Elson’s powerful articulation of Marx’s value theory of labor. Do you want to read the rest of this article? Request full-text.

Karl Marx's ideas have been declared "dead" on more than one occasion, only to emerge with new relevance a few years later. But the "collapse of communism" seemed to be the final nail in his coffin. The end of history had been reached, we were told, and poor old Karl was wrong. - Or was he? In Marx's Labor Theory of Value: A Defense, Hayashi Hiroyoshi argues that Marx will continue to be relevant as long as capitalism continues to exist. This is simply because no one grasped the nature of capitalism on a more profound level than Marx did. Hayashi presents the most fundamental aspects of Marxist economic thought, centering on the discussion of the commodity at the beginning of Capital. Also included are detailed examinations of Adam Smith's theory of value and the concepts of ground-rent, credit, and productive labor. Hayashi shows that Marx's labor theory of value is the key not only to understanding capitalism but also for grasping the essential characteristics of socialism. And socialism-as the real solution to the contradictions of capitalism-turns out to have little in common with the recently deceased "communist" states. Now that history has resumed-after its brief "hiatus"-it's time to return to Marx!
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