Interpretations of Marxian Value Theory in Terms of the Fundamental Marxian Theorem

Dong-Min Rieu
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Dong-Min Rieu: Department of Economics, Chungnam National University, 220 Kung-dong, Taejon, 305-764, South Korea, rieudm@cnu.ac.kr

Review of Radical Political Economics, 2009, vol. 41, issue 2, 216-226

Abstract: This paper focuses on the theoretical status of the fundamental Marxian theorem in various interpretations of Marxian value theory, particularly with regard to the logical consistency rather than the analytical implication. It will be shown that each interpretation proves the fundamental Marxian theorem in its own way, and therefore the proof of the theorem is not a decidability criterion for the correct interpretation of Marxian value theory.

Keywords: Marxian value theory; the fundamental Marxian theorem; the new interpretation; the temporal single-system interpretation (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:41:y:2009:i:2:p:216-226

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