Statements (23)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:associatedWith |
classical economics
Marxian economics |
gptkbp:basisFor |
gptkb:surplus_value_theory
|
gptkbp:centralTo |
gptkb:Das_Kapital
|
gptkbp:contrastsWith |
marginal utility theory
|
gptkbp:criticizedFor |
neoclassical economists
ignoring subjective value |
gptkbp:describes |
relationship between labor and value of goods
|
gptkbp:focusesOn |
production process
|
https://www.w3.org/2000/01/rdf-schema#label |
Labor Theory of Value
|
gptkbp:influenced |
Marxist theory of exploitation
|
gptkbp:notableFigure |
gptkb:Adam_Smith
gptkb:David_Ricardo gptkb:Karl_Marx |
gptkbp:originatedIn |
18th century
|
gptkbp:proposedBy |
value of a commodity is determined by socially necessary labor time
|
gptkbp:relatedTo |
exchange value
use value |
gptkbp:state |
commodities exchange according to labor embodied
|
gptkbp:usedIn |
analysis of capitalist economies
|
gptkbp:bfsParent |
gptkb:Marxist_Theory
|
gptkbp:bfsLayer |
7
|