Law of Value and Theories of Value : Symmetrical Critique of Classical and Neoclassical Political Economy

by Tiago Camarinha Lopes

Book Details

Format Paperback / Softback

Book Series Studies in Critical Social Sciences

ISBN-10 1642598143

ISBN-13 9781642598148

Publisher Haymarket Books

Imprint Haymarket Books

Country of Manufacture GB

Country of Publication GB

Publication Date Mar 7th, 2023

Print length 236 Pages

Weight 356 grams

Dimensions 15.20 x 22.90 x 1.50 cms

AI Summary

Ksh 5,400.00

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In Law of Value and Theories of Value, Tiago Camarinha Lopes presents the genesis of Karl Marx's understanding of the law of value by showing that the labor theory of value of utopian socialists and the utility theory of value of the Marginalist Revolution are subject to equal criticism by Marx's Critique of Political Economy. Following Marx's distinction between classical and vulgar political economy, Camarinha explains the difference between a reactionary and a progressive strand in the world of non-Marxian economics. Commonly portrayed as a dated work targeting the general framework of economic thought of the 19th century, Das Kapital appears here as the blueprint for the ongoing construction of economic science of the working class in any period of History.

In Law of Value and Theories of Value, Tiago Camarinha Lopes presents the genesis of Karl Marx''s understanding of the law of value by showing that the labor theory of value of utopian socialists and the utility theory of value of the Marginalist Revolution are subject to equal criticism by Marx''s Critique of Political Economy.

Following Marx''s distinction between classical and vulgar political economy, Camarinha explains the difference between a reactionary and a progressive strand in the world of non-Marxian economics. Commonly portrayed as a dated work targeting the general framework of economic thought of the 19th century, Das Kapital appears here as the blueprint for the ongoing construction of economic science of the working class in any period of History.

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