Why Marx Was Wrong About Workers And Wages – OpEd
Monday, 16 September 2024 ()
By Allen Gindler
One of the central tenets of Marxism is the labor theory of value, which states that the value of a commodity is determined by the amount of socially-necessary labor time required to produce it. In this framework, labor itself becomes a commodity—something that can be bought and sold in the marketplace. Marx...
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