Interpretations of Marxian Value Theory in Terms of the Fundamental Marxian Theorem

Abstract

This paper focuses on the theoretical status of the fundamental Marxian theorem in various interpretations of Marxian value theory, particularly with regard to the logical consistency rather than the analytical implication. It will be shown that each interpretation proves the fundamental Marxian theorem in its own way, and therefore the proof of the theorem is not a decidability criterion for the correct interpretation of Marxian value theory.