Was ist falsch an der Arbeitswerttheorie? Wie Wert wirklich gebildet wird

What is wrong with the labor value theory? How value is really made

Rainer Lippert

MPRA Paper from University Library of Munich, Germany

Abstract: In this article it is shown that the labor value theory according to Marx is flawed in a central aspect: Neither the surplus value nor the value is produced. Value is a social relationship that is formed on the social level between exchange partners. Potential goods are produced as reference points for possible value relationships. They are shaped by manpower, machine and nature. On this basis, the description of value formation deviates from the classical interpretation of labor theory, and the value is no longer perceived as a subjective singularity (as a generated "work value", that can only be an expectation value) but as a real relationship between humans.

Keywords: Karl Marx; labour theory of value; labor value; labor value as a social relationship (search for similar items in EconPapers)
JEL-codes: B0 B14 B50 B51 (search for similar items in EconPapers)
Date: 2019-01-02, Revised 2019-01-02
New Economics Papers: this item is included in nep-hme and nep-pke
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:91189

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