5. Measures of Exploitation

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30 avril 2020

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OpenEdition Books

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https://creativecommons.org/licenses/by/4.0/ , info:eu-repo/semantics/openAccess



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Standard of value

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Ernesto Screpanti, « 5. Measures of Exploitation », Open Book Publishers, ID : 10670/1.udrptp


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Marx’s value theory is a complex doctrine in which three different kinds of speculation coalesce: a philosophy aimed at proving that value is created by a labour substance; an explanation of the social relations of production in capitalism; and a method for measuring exploitation. My opinion is that there is no need for an essentialist philosophy to determine value, no need for a theory of value to explain capitalist social relations, and no need for a labour theory of value to measure the ra...

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