Did Marx hold a labor theory of value?

Abstract
In the first volume of Capital, Marx introduces a labor theory of value. The theory is supposed to form the basis of his “laying bare” the “inner workings” of capitalism. The theory rests on two claims, and at the outset Marx uses it to explain four features of capitalist production. Yet by the end of the final volume of Capital, he abandons both claims and offers alternative accounts of all four features of capitalism. We hold that Marx’s introduction of the labor theory of value is not the presentation of an alternative economic theory, but serves to introduce his analysis of the class structure of capitalism
Keywords No keywords specified (fix it)
Categories (categorize this paper)
Options
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
 
Download options
PhilPapers Archive


Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 10,788
External links
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library
References found in this work BETA

No references found.

Citations of this work BETA

No citations found.

Similar books and articles
Analytics

Monthly downloads

Added to index

2009-01-28

Total downloads

38 ( #44,275 of 1,099,048 )

Recent downloads (6 months)

1 ( #287,293 of 1,099,048 )

How can I increase my downloads?

My notes
Sign in to use this feature


Discussion
Start a new thread
Order:
There  are no threads in this forum
Nothing in this forum yet.