What is the Labour Theory of Value?
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What is the Labour Theory of Value?
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About this listen
What is value? This question has perplexed the human mind for more than 2,000 years. The classical bourgeois economists grappled with the question, as did Marx.
Joe Russell, Executive Committee member of the RCP, discusses Marx’s completion of the Labour Theory of Value, and provide a defence of his economic ideas against attacks from modern day critics.
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