Examples of 'labor theory of value' in a sentence
Meaning of "labor theory of value"
This phrase refers to an economic theory developed by classical economists, such as Adam Smith and Karl Marx. It suggests that the value of a product or service is determined by the amount of labor required to produce it, rather than by subjective factors like demand or utility
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- The theory, usually associated with Marxian economics, that freely reproducible goods get their value from socially necessary human labor time.
How to use "labor theory of value" in a sentence
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labor theory of value
The labor theory of value is demonstrably false.
He did not believe in the labor theory of value.
The labor theory of value is simply wrong.
Selecting against the labor theory of value.
The labor theory of value and.
Smith propounded a labor theory of value.
Labor theory of value revisited.
So they had a labor theory of value.
The labor theory of value and the concept of exploitation.
It was wrong because the labor theory of value is wrong.
So the labor theory of value was not unique to Marxism.
Position on the labor theory of value.
The Labor Theory of Value is broken down by these facts and arguments.
Sweezy expounded and defended the labor theory of value.
This replaced the labor theory of value by a system of supply and demand.
See also
So that is the basic idea of the labor theory of value.
He also refutes the labor theory of value in later sections of that chapter.
He came out with a theory called the labor theory of value.
Proponents of the labor theory of value saw that as the resolution of the paradox.
One of the foundational principles of leftism is the labor theory of value.
Basically the labor theory of value says that only people make and create value.
Marx did not draw similar conclusions from the labor theory of value.
Rodbertus stated the Labor Theory of Value as three connected propositions.
They both follow from the very nature of the labor theory of value.
The Labor Theory of Value helps explain this very clearly.
Marxists and Democrats still believe in the labor theory of value.
The labor theory of value is clearly an intrinsic-value theory.
Within Marxian economics this is discussed under the labor theory of value.
Put a different way, the labor theory of value is incorrect.
Or one could debate the usefulness of Mason 's resuscitation of Marx 's labor theory of value.
The labor theory of value 4.
Production value is the input cost, or the labor theory of value.
Also, Tucker held a labor theory of value.
But contrary to a common misconception, Marx did not invent the labor theory of value.
It needs to be done by applying Marx 's labor theory of value in a universal context.
We have arrived at the full-fledged Ricardian - and Marxian - labor theory of value.
Classical economists ' answers were Labor Theory of Value.
Böhm-Bawerk's theory was a response to Marx 's labor theory of value and capital.
Böhm-Bawerk destroys Marx 's labor theory of value.
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Adjustments of value are recognized in the income statement
Promoting and reinforcing local value systems
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Examples of using Labor
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Labor relations management relies on employee representatives
Done a year at hard labor in the federal pen
Local labor is divided into two categories
Examples of using Theory
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You had a theory about a missing pilot
They are forcing me to continue with string theory
A comprehensive theory of action accompanied the report
