What is wrong with the Labour Theory of Value? How value is really created


Polemic Paper, 2020

51 Pages


Excerpt


Contents

List of figures

Foreword

1 Costs, Surplus value and Value

2 Unpaid labour time cannot be defined as a production factor

3 Expected value and offer price

4 Expected value

5 Reference points for value relationships

6 The market

7 The value is established on the market

8 The driving forces for value creation

9 The social relationship value: characteristics

10 The components of value

11 Value is assigned to commodities and their value equivalents at the social level by means of value relationships

12 The Social Relationships Value and Property

13 Prerequisites for value relationships:

14 The value and its reference points - how are the reference points are formed

15 Comparison of human and mechanical labour power and the labour power Nature

16 How reference points of value relationships are integrated into society

17 Human and mechanical labour power and the labour power Nature

18 The economic exchange

19 Sources

Excerpt out of 51 pages

Details

Title
What is wrong with the Labour Theory of Value? How value is really created
Author
Year
2020
Pages
51
Catalog Number
V933277
ISBN (eBook)
9783346259820
ISBN (Book)
9783346259837
Language
English
Keywords
Value theory, Labour Theory of Value, Market economy
Quote paper
Rainer Lippert (Author), 2020, What is wrong with the Labour Theory of Value? How value is really created, Munich, GRIN Verlag, https://www.grin.com/document/933277

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