Marx’s metaphysics of human labour in the light of Sraffa : labour theory of value reconsidered

Sinha, Ajit (2019) Marx’s metaphysics of human labour in the light of Sraffa : labour theory of value reconsidered. In: Karl Marx’s life, ideas, and influences. Palgrave Macmillan, Cham, pp. 289-317. ISBN 978-3030248147

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Abstract

In this chapter, I analyse the foundations of Marx’s analysis of a capitalist economy in terms of labour time to locate the root cause of Marx’s problem of relating values to prices and surplus values to profits, and then show how Sraffa succeeds in solving the problem by liberating Marx from his metaphysics of “human labour.”

Item Type: Book Section
Uncontrolled Keywords: Karl Marx, Piero Sraffa, Labour theory of value, Surplus value, Standard system, Standard commodity, Adam Smith, David Ricardo
Subjects: Social sciences > Economics
Divisions: Azim Premji University > School of Public Policy and Governance
Depositing User: Mr. Sachin Tirlapur
Date Deposited: 10 Oct 2019 11:40
Last Modified: 10 Oct 2019 11:47
Related URLs:
URI: http://publications.azimpremjifoundation.org/id/eprint/2085
Publisher URL: https://doi.org/10.1007/978-3-030-24815-4_14

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