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The Law of Value- the series
1. Introduction
1.2 A quiz on Marx's theory of Value
1.3 Addendum on how to watch these videos
2. The Fetishism of Commodities.
3. Das MudPie (social labor)
4. Use-Value, Exchange-value and Value
5. Contradiction
6. Socially Necessary Labor Time
7. Production and Exchange
8. Subject/Object
9. Abstract Labor
10. Value and PriceRecent Comments
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Tag Archives: supply
Law of Value 10: Price and Value
[This is video 10 in my ongoing Law of Value series. It’s a controversial topic… so, let’s see what folks think of my attempt…] Here’s a yo-yo. Let’s say it took an hour to make, parts and everything. And here’s … Continue reading
Posted in The Law of Value, Uncategorized
Tagged demand, economics, marx, money, price, prices of production, profit, supply, theory, transformation problem, value
61 Comments
Value and Price Q&A
I have been looking forward to finally putting together a script for a video on Value and Price. As a preparation for that task I’ve written the following: an attempted summary of my understanding the topic. The text is peppered … Continue reading
Posted in Econ 101-value profit exploitaiton, The Law of Value, Uncategorized
Tagged antiques, art, average, bohm-bawerk, commodity, critique, demand, economics, labor, market, marx, modal, money, monopoly, mud pie, price, rate of profit, SNLT, supply, utility, value
42 Comments