ISBN: 9781333117641 - the labor-value fallacy (classic reprint) (3 Ergebnisse)

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Zustand: New. Print on Demand. This book provides a thorough examination of the history and influence of value in exchange and its impact on wealth. The author traces the origins of the belief that value is created by labor, focusing on the contributions of Adam Smith, David Ricardo, and Karl Marx. They argue that while labor is an essential factor in creating value, it is not the sole determinant and that other factors, such as the utility of a good and the demand for it, also play a crucial role. They further explore the implications of this theory for ongoing socialist debates and its potential impact on labor policies and social welfare programs. The book concludes by emphasizing the importance of a balanced view of value and wealth, one that recognizes the contributions of both labor and other factors and contributes to a deeper understanding of economic systems and their potential consequences. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…