- Pamphlet
- Publisher: Progress Publishers (1976)
- ASIN: B000PIZVTW
- Average Customer Review: 4.0 out of 5 stars See all reviews (1 customer review)
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4.0 out of 5 stars
Good presentation of the theory,
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This review is from: Wages, Price and Profit (Pamphlet)
Here is the "Labor Theory of Value" presented outside of Capital succinctly. If you have ever heard that the theory is "discredited," "obsolete," or "dead" I would point you to the theory itself so you can run your own analysis and make your own decision.It is not surprising that the Monetarists, Keynesian, neo-classical economists don't like Marx but most have not read him. Dr. Richard Wolff makes a compelling case that the entire school of modern economics criticizes Marx without reading or understanding his work. It is pure self-preservation. If you will not read Capital, read Wages Price and Profit and you will understand what Marx was talking about. It is all here: Commodity Value, Exploitation; Capitalism in a nutshell.
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