Abstract
New emerging currents are questioning the assumptions of the traditional formalisation of Marx's value theory initiated by Ladislaw von Bortkiewicz in 1905, which has led three generations of economists to conclude Marx's theory was fundamentally flawed. The challenge comes from two directions characterised as ‘sequentialist’ and ‘non-dualist’. Freeman shows that the fusion of these two insights leads to a completely general, coherent, non-equilibrium account of Marx's value theory in which the traditional allegations of inconsistency and error cease to exist.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.