Abstract
Controversy has raged over Marx’s labor theory of value from the time that it was first put forward. The debate has had two closely related aspects. One has concerned how value should be interpreted. For example does Marx’s theory differ from Ricardo’s and, if so, how and why? Is it a matter of definition or method? On the other hand, assuming agreement on the nature of Marx’s value theory, there is the question of whether it is valid or not.
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© 2003 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Fine, B. (2003). Value Theory and the Study of Contemporary Capitalism: A Continuing Commitment. In: Westra, R., Zuege, A. (eds) Value and the World Economy Today. Palgrave Macmillan, London. https://doi.org/10.1057/9780230524613_1
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DOI: https://doi.org/10.1057/9780230524613_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-50714-6
Online ISBN: 978-0-230-52461-3
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