Abstract
The introduction of this notion has generally been regarded by Marxists as a crucial difference between their own and bourgeois economic theory. They have claimed that it allowed Marx to overcome a basic difficulty in Ricardo’s (and, more generally, in classical) theory.
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Bibliography
De Vivo, G. 1982. Notes on Marx’s critique of Ricardo. Contributions to Political Economy 1, March.
Engels, F. 1891. Introduction to K. Marx, Wage Labour and Capital. In Marx-Engels, Collected Works, Vol. 9, London: Lawrence & Wishart, 1977.
Mandel, E. 1967. The Formation of the Economic Thought of Karl Marx. London: New Left Books, 1971; New York: Monthly Review Press, 1971.
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Marx, K. 1867. Capital: A Critique of Political Economy, Vol. I. London: Lawrence & Wishart, 1977.
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© 1990 Palgrave Macmillan, a division of Macmillan Publishers Limited
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De Vivo, G. (1990). Labour Power. In: Eatwell, J., Milgate, M., Newman, P. (eds) Marxian Economics. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20572-1_34
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DOI: https://doi.org/10.1007/978-1-349-20572-1_34
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