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Saving Marxism from the Labor Theory of Value: It Is Still Bad Theory

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Tags CapitalismLabor and WagesSocialismCapital and Interest TheoryOther Schools of Thought

09/14/2023David Gordon

While Graham Priest seems to have "rescued" Marxism from the labor theory of value, he cannot rescue Marxism itself.

Original Article: "Saving Marxism from the Labor Theory of Value: It Is Still Bad Theory"

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David Gordon is Senior Fellow at the Mises Institute and editor of the Mises Review.

Original Article: 
Saving Marxism from the Labor Theory of Value: It Is Still Bad Theory