Value In Motion | Beverley Best & Aaron Benanav
The Verso Podcast
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Exploring Marx's Labor Theory of Value
This chapter delves into Marx's foundational concept of the labor theory of value, examining its relevance in understanding capitalism's structure and societal rationality. It explores the intertwined nature of value and capitalist society, highlighting the transition from subsistence modes of production to global exchange and the internal contradictions within capital. The discussion also analyzes the impact of technology on productivity, employment, and the constraints imposed by the market in shaping value within a capitalist framework.
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