4min chapter

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Ep. 360: Karl Marx on Economic Value (Part Two)

The Partially Examined Life Philosophy Podcast

CHAPTER

Exploring Marx's Theory of Value

This chapter examines the intricacies of Marx's value theory, particularly the link between commodities and socially necessary labor time. It also discusses the challenges of using labor hours as a medium of exchange and the difficulties faced by communities trying to implement labor exchange systems.

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