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Paul Cockshott

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Category: Blog/Featured

How the Labor Theory of Value Emerges from Egalitarianism

Posted On May 31, 2023 By Blair Fix

Originally published at Economics from the Top Down Blair Fix Download: PDF | EPUB … the value of a commodity is determined by the quantity of labour spent on it … — Karl Marx In the 1860s, Karl Marx declared that all value stemmed from labor. A century-long firestorm ensued. On its own, Marx’s claim […]

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