RICARDO'S LABOR THEORY OF VALUE IS ALIVE AND WELL IN CONTEMPORARY CAPITALISM
This article, by utilizing Ricardo's numerical examples, derives theoretical statements about the deviations of relative values (prices) from relative labor times. These deviations result from the presence of capital and the distributive variables (rate of profit and wage) and production (turno...
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| Format: | Article |
| Language: | English |
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Pluto Journals
2022
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| Online Access: | View Fulltext in Publisher |