Review Marx's Labor Theory of Value

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Marx's Labor Theory of Value High quality books

Marx's Labor Theory of Value
By:Roy West
Published on 2005-03 by iUniverse

Karl Marx's ideas have been declared |dead| on more than one occasion, only to emerge with new relevance a few years later. But the |collapse of communism| seemed to be the final nail in his coffin. The end of history had been reached, we were told, and poor old Karl was wrong. - Or was he? In Marx's Labor Theory of Value: A Defense, Hayashi Hiroyoshi argues that Marx will continue to be relevant as long as capitalism continues to exist. This is simply because no one grasped the nature of capitalism on a more profound level than Marx did. Hayashi presents the most fundamental aspects of Marxist economic thought, centering on the discussion of the commodity at the beginning of Capital. Also included are detailed examinations of Adam Smith's theory of value and the concepts of ground-rent, credit, and productive labor. Hayashi shows that Marx's labor theory of value is the key not only to understanding capitalism but also for grasping the essential characteristics of socialism. And socialism-as the real solution to the contradictions of capitalism-turns out to have little in common with the recently deceased |communist| states. Now that history has resumed-after its brief |hiatus|-it's time to return to Marx!

This Book was ranked at 6 by Google Books for keyword Credit theory of money.

Book ID of Marx's Labor Theory of Value's Books is 23OT_aPHFSAC, Book which was written byRoy Westhave ETAG "wWwKzsielEo"

Book which was published by iUniverse since 2005-03 have ISBNs, ISBN 13 Code is 9780595346004 and ISBN 10 Code is 0595346006

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Book which have "424 Pages" is Printed at BOOK under CategoryBusiness and Economics

This Book was rated by Raters and have average rate at ""

This eBook Maturity (Adult Book) status is NOT_MATURE

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