The Labour Theory of Value

  • Joan Robinson


Marx’S theory of value has caused much confusion and generated much controversy. It seems, certainly, perplexing as we follow the uphill struggle of Marx’s own mind from the simple dogmatism of the first volume of Capital to the intricate formulations of Volume III. But if we start from the vantage ground of Volume III the journey is much less arduous.


Real Wage Real Output Capitalist System Labour Theory Capitalist Process 
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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1966

Authors and Affiliations

  • Joan Robinson

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