Abstract

Not only Marx found the “theory of the ground rent” a hard nut to crack. The political- economic and urban sociological debates also find it a challenge - or simply assume that the ground rent is a monopoly price without giving an account of what this means for Marx’s project of critique of political economy. The so-called differential pension is still unproblematic and goes back to David Ricardo. On the other hand, the so-called absolute rent, with which Marx wanted to theoretically distance himself from Ricardo, is problematic and untenable. The article discusses three essential points of criticism of the concept and what it means conceptually and politically for Marxian value theory when it reaches its limits on the topic of the absolute rent.

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