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labour theory of value वाक्य

"labour theory of value" हिंदी मेंlabour theory of value in a sentence
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  • Modern traditional Marxists argue that not only does the labour theory of value hold up today, but also that Marx's understanding of the transformation problem was in the main correct.
  • Marx believed that correctly distinguishing between the form and content of value was essential for the logical coherence of the labour theory of value, and he criticized Adam Smith specifically because Smith:
  • According to neoclassical economists the labour theory of value could not explain fluctuating values for different kinds of labour, nor did it explain how found goods could be more valuable than extracted goods.
  • Some thinkers have rejected the fundamentals of Marxist theory, such as historical materialism and the labour theory of value, and gone on to criticise capitalism  and advocate socialism  using other arguments.
  • Some theorists criticize Roemer for his entire rejection of the labour theory of value and the surplus labour approach to exploitation, for they were the central aspects of Marxist thought in regard to exploitation.
  • Since the 1830s, barter in some western market economies has been aided by exchanges that use alternative currencies based on the labour theory of value, and are designed to prevent profit taking by intermediators.
  • It dispensed with the labour theory of value inherited from classical economics in favour of a marginal utility theory of value on the demand side and a more general theory of costs on the supply side.
  • The reason given is that even if the labour theory of value can give a ( partial ) indication of availability of resources, it certainly cannot be used as a means to express consumers preferences.
  • Analytical Marxists held that the transformation problem disproved the labour theory of value and based their Marxian social theory on a combination of the Fundamental Marxian theorem, game theory, and other neoclassical and mathematical tools.
  • Thus they feel that the labour theory of value cannot serve as the basis for an allocative system that aims at both meeting needs and, at the same time, securing consumer sovereignty and freedom of choice.
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