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Literatur zur Politischen Ökonomie
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1. Aufsatz
Dokument in die Merkliste Dokument in den Download-Korb
Referenz:
Ehrbar (1986): The Labor Theory of Value
stabile URL:
www.pol-oek.de/objekt_start.fau?prj=poloeklit&zeig=14458
Fremd-URL (ohne Gewähr):
im Mehrwert & Co Archiv als:
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Verf./Hrsg./KS:
Titel:
The Labor Theory of Value and Its Critics
in:
Jahr:
1986
Jg.:
50
H.:
4
pp.:
464-478
Deskribierung:
Inhalt:
"Besides their inability to explain what a price is, the neo-Ricardians confront further problems when they attempt to analyze economic phenomena without a labor theory of value. Below we propose a similar list of criticisms of neo-Ricardians as was posed for the labor theory of value.

1. The neo-Ricardian price model is an ex post accounting which might apply to any society with an equalized rate of return. The neoRicardian price model might, therefore, conceivably apply to a socialist society, even though such a society would be socially and economically quite different.
2. Neo-Ricardian theory is forced to take economic data as given and is unable to build the laws which govern income distribution and uses of the surplus product.
3. The neo-Ricardians argue that all that is needed for economic analysis is a concept of use value and a concept of price. We would argue that without a concept of value, the neo-Ricardians can calculate profits but they cannot have a theory of exploitation. A theory of exploitation in price terms requires the assumption that labor alone creates all of the output or use values. This view is subject to their own cricicism of labor as a privileged input. A third concept between that of use value and price is necessary, namely, the concept of value, to establish exploitation. Although all of the factors of production contribute to produce the use value, only labor is responsible for its social evaluation as value.
4. The neo-Ricardians prefer to establish profit technologically, and then explain income distribution by dass struggle, but how then is a theory of classes established without a theory of expl-0itation? Finally, Hunt argues that since the neo-Ricardian view cannot embody a deep theoretical understanding of the organization of society, it must ultimately be absorbed into either neoclassical or Marxist thought." (Autor)


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