The “Quantitative Approach” to the Marxian Concept of Value

The Value of Values

“…2 The neo-Ricardian critique, like the empirical approaches already referred to, rests on a conception of value owing as much to Ricardo as to Marx, as the sum of the labor embodied both directly and indirectly, 1. See also, as an example of this perspective, a recent article in Rethinking Marxism (Ormazabel 2006). 2.…”