Seminal essay from 1979 from Diane Elson arguing for the importance of Marx’s “Value Theory of Labour.” The essay was a product of debates within the Conference of Socialist Economists (CSE). Full PDF of the essay also below. Note: As Soren Mau pointed out, more than two decades before Elson, Raya Dunayevskaya suggested that we should speak of the ‘value theory of labour’ rather than the ‘labour theory of value’. See 'The Logic and Scope of Capital, Volumes II and III' here.
Michael A. Lebowitz The law of value works in mysterious ways. For some Marxists, it underlies everything we need to know about capitalism. But, just as Marx claimed he was not a Marxist, so too might he have said, “that’s not my law of value.”
Michael Lebowitz expounds on the simple truths found in Marx's theory of value—truths that, nonetheless, have been obscured by decades of incomplete theorizing…
Question 1: Dr Marx , you are well known as the author of a book on economics but I think you studied law at university, didn't you? Karl Marx: Although I…
John Bellamy Foster: Marxism, metabolism and ecology workersliberty.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from workersliberty.org Daily Mail and Mail on Sunday newspapers.