Valore e costo reale di produzione. Un riesame del problema, dopo la "New Value Controversy"

Duccio Cavalieri

STUDI ECONOMICI, 2010, vol. 2010/102, issue 102, 5-47

Abstract: Has the Marxian concept of economic value an objective foundation? In the light of the "New Value Controversy" which opposed neo-Marxist and Sraffian theorists, the author of this essay, a critical Marxist, reconsiders Marx?s labour theory of value. Attention is paid to the Marxian analysis of capital, value and surplus value. The truthfulness of the crucial but unproven Marxian assumption of equality of new value and living labour is questioned. A matrix model describing the productive structure of a capitalist system is used for this purpose. Marx?s labour theory of value is then examined in relation to the theories of capital and investment, which deal with value in process. Some recent suggestions to improve the reckoning of real costs of production are analysed. A draft of a labour-and-capital theory of value is outlined. And as a measure of value a "monetary expression of value" (MEV) is proposed, instead of the "monetary expression of labour time" (MELT).

JEL-codes: B14 B24 E11 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.francoangeli.it/riviste/Scheda_Rivista. ... 707&Tipo=ArticoloPDF (text/html)
Single articles can be downloaded buying download credits, for info: https://www.francoangeli.it/DownloadCredit

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:fan:steste:v:html10.3280/ste2010-102001

Ordering information: This journal article can be ordered from
http://www.francoang ... io.aspx?IDRivista=59

Access Statistics for this article

STUDI ECONOMICI is currently edited by FrancoAngeli

More articles in STUDI ECONOMICI from FrancoAngeli Editore
Bibliographic data for series maintained by Stefania Rosato ().