Production of commodities by means of labour: rehabilitation of the law of value
Auteur :
Helmedag, Fritz
Éditeur :
Springer Nature Switzerland AG
ISBN :
9783032014566
Date de publication :
25 avr. 2026
Dimensions :
23,5 x 15,5 cm
Langue :
Anglais
Pays d'origine :
Suisse
This book revitalises the labour theory of value as a framework for determining production prices and explores its implications for economic theory and policy. In addition, profit maximisation in the vertically integrated wage sector, which satisfies demand financed out of wages, leads to a 100 % rate of profit (or rate of exploitation).