Guglielmo Carchedi and Michael Roberts’ new book offers a necessary counterpoint and challenge to dominant economic paradigms ...

Marxists tend to like the labor theory of value because it provides a vivid account of exploitation and highlights a basic ...

World Review of Political Economy, Vol. 1, No. 4 (Winter 2010), pp. 567-606 (40 pages) This article surveys the key ideas and currents of thinking about Marx's value theory since he died. It does so ...

Value Theory: Intrinsic and Extrinsic Value The subfield of philosophy known as Value Theory questions what the nature of value is and what it is for something to be considered valuable.

The article focuses mainly on the important question that both Camarinha Lopes and Laibman address in their articles: what does the labor theory of value do that other theories cannot do? In other ...