Mises Institute cover image

Chapter 7. The Equivalence Postulate

Mises Institute

CHAPTER

Labor, Value, and Exploitation in Economic Theory

The chapter explores the foundational concepts of value in economic theory, emphasizing labor as a measure of exchangeable value. It critiques the capitalist system and neoclassical economics, highlighting issues of worker exploitation and market justice.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner