Social Sciences
8 years ago

Marxist Economics History Unveiled: Labor Value Theory's Impact on Society

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THE ORIENT FORUM
A Review of the Labor Value Theory from the Perspective of Marxist Economics History
XI Zhao-yong

Paper Summary

The article reviews the history of Marx's labor value theory in Marxist economics. It discusses why Engels initially rejected and later supported the theory, explains how Marx developed it further, highlights Kautsky's role in spreading the theory, and comments on Bernstein's and Lenin's perspectives.

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