Meng, Jie - In: Frontiers of Economics in China 5 (2010) 4, pp. 657-676
This article aims to offer a reply to Steedman’s critique of Marx’s labor theory of value. Although this critique …, losing sight of an important dimension of labor theory of value, i.e., without taking it as a theoretical tool of … Steedman, of deterministic and one-directional character. For Marx, labor theory of value is applied to analyze the uncertain …