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Defending the Labor Theory of Value
The labor theory of value is one of Marxism’s most contested ideas. Both critics and supporters of socialism have labeled it inconsistent and outdated. In an interview with Jacobin, economist Duncan ...
In their letter “The Virtues of the ‘Knowledge Theory of Value’” (May 1), Gale Pooley and George Gilder emphasize the importance of knowledge in economic value. In doing so, however, they provide ...
In this interview, Michael Roberts explains the core principles of Marxist economics and their application to contemporary ...
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