Value Theory in an Incomplete Capitalist System

Bill Dunn
Additional contact information
Bill Dunn: University of Sydney, Sydney, Australia

Review of Radical Political Economics, 2011, vol. 43, issue 4, 488-505

Abstract: The centrality of social labor to Marxist epistemology and the need to understand relations between capitalist production, strictly defined, and incompletely marketized forms of work require a relatively broad concept of value. Not simply a theory of price, the utility of the concept of value lies precisely in its ability to mediate between understanding the abstract truths of labor’s centrality to social life and the complex concreteness of the real world economy. The logical necessity and practical utility of the proposed interpretation is illustrated in relation to state and domestic labor.JEL classification: B51, B54, J01

Keywords: value; work; labor power; state capitalism; domestic labor (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://rrp.sagepub.com/content/43/4/488.abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:43:y:2011:i:4:p:488-505

Access Statistics for this article

More articles in Review of Radical Political Economics from Union for Radical Political Economics
Bibliographic data for series maintained by SAGE Publications ().