Money, Form and Determination of Value

Carlo Benetti and Jean Cartelier

Chapter 10 in Marxian Economics: A Reappraisal, 1998, pp 157-171 from Palgrave Macmillan

Abstract: Abstract The concept of form of value is certainly one of Marx’s outstanding contributions. A short discussion of the difficulties of the contemporary monetary theory in its most developed version (the neoclassical one) will show that this concept is the necessary starting point (or the rational basis) for monetary theory, hence for price theory, whatever the choice of a particular value theory.

Date: 1998
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DOI: 10.1007/978-1-349-26118-5_10

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