Abstract

GOUVERNEUR, Jacques. A STRICT SOCIAL CONCEPTION OF VALUE AND PRODUCTIVE LABOR. Rev.econ.inst. [online]. 2007, vol.9, n.17, pp.183-211. ISSN 0124-5996.

This article contributes to the theoretical debate of Marxists concepts of value and productive labor. It defines value as an indirect social labor and evaluates the traditional distinction between productive activities and circulation. Also, it questions the traditional concepts of intensive labor and criticizes the traditional notions of labor force value and its relationships to monetary salary. The review of the traditional approach allows the introduction of new conceptual distinctions that combine the advantages of accuracy and simplicity: the theoretical view becomes more precise and coherent, and the measurement of basic concepts could be much simpler.

Keywords : theory of value; productive labor; surplus value; capitalism.

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