Marx's Ruse

eBook (PDF), 146 Pages
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In this book, the author argues that Karl Marx's labor theory of value (based on Robert Owen's earlier theory) was essentially a ruse designed to legitimize his attempt at resolving the problem of the business cycle. Evidence is presented which shows that he was well aware of the fact that the steam engine had reduced labor to a marginal factor input, overseeing the creation of material wealth. The fallout, however, was catastrophic for political economy in general, ushering in (i) a sterile and unscientific debate on the role of labor and capital in production (ii) political and intellectual division and (iii) centuries of social turmoil.
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Product Details

Bernard Beaudreau
September 28, 2011
File Format
File Size
1.53 MB
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Required Software Any PDF Reader, Apple Preview
Supported Devices Windows PC/PocketPC, Mac OS, Linux OS, Apple iPhone/iPod Touch... (See More)
# of Devices Unlimited
Flowing Text / Pages Pages
Printable? Yes
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