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- W4313458585 abstract "The article is devoted to the critique of K. Marx’s labor theory of value, which was started in 1884 by F. G. Wicksteed. This polemic is based on a misunderstanding of the scientific abstraction method and the dialectics of Marx. His opponents critisize Marx for not using the notion of “abstract utility”. It is shown why the exchange value of goods should be based on socially necessary labor costs. The subjective utility value is not suitable to determine the proportions of exchange." @default.
- W4313458585 created "2023-01-06" @default.
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- W4313458585 date "2022-12-30" @default.
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- W4313458585 title "Criticism of the labor theory of value: A new look at the old controversy" @default.
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- W4313458585 doi "https://doi.org/10.32609/0042-8736-2023-1-123-131" @default.
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