Essays on Marx's Theory of Value

The book emphasizes the importance of Marx’s theory of value.

Rubin argues that Marx's mature economic writings provide an understanding of how labor is determined and limited by capitalist social relations, which appear as objective structures, that are being “reified” in the money existence of commodities.

The author further argues that the notion of simple commodity production does not characterize human societies since antiquity, as it is often argued by both Marxists and critics of Marx.

In Marx’s analysis, it constitutes the outer husk of the capitalist economy. Value and money are concepts which… show more.