Theories of surplus-value - Karl Marx Divided into three parts, this lengthy work reviews classic economic analyses of labor and value (Smith, Ricardo, Malthus, and others), focusing on the concept of ...

For those who grasp the essential theses of Marx’s theory of value, surplus-value and capital, the answers to these questions are in clear focus.

The surplus value produced through the extension of the working day is called absolute surplus value: “The creation of a normal working day is therefore, the product of a protracted civil war, more or ...

David Calnitsky John Clegg . The labor theory of value is today widely dismissed by both mainstream economists and commentators on Karl Marx’s work.

The surplus value appropriated by the capitalist owner of the means of production, ... In his latest book, Marx, Capital and the Madness of Economic Reason, Harvey writes: ...

The state is another participant in surplus-value. The costs of the social welfare state and the costs of the repressive functions of the state have to be differentiated as well.

And, if knowledge commodities have no value, Marx's law of value would no longer hold. They suggest, ... They exploit that labor and appropriate surplus value by selling or leasing the software.

Dmitry Pozhidaev reviews Capitalism in the Twenty-first Century Through the Prism of Value, by Guglielmo Carchedi and Michael Roberts, which aims to explain 21st-century capitalism through Karl Marx’s ...

Karl Marx labored single-mindedly for 15 years to produce his monumental Das Kapital, and all the while he was in pain. ... He introduced the theory of the surplus value of labor, ...