Social rules and prudential behaviour in labour theory of value

  • César Rendueles universidad Complutense de Madrid
Keywords: labour theory of value, social rules, prisoner’s dilemma, intentionality.

Abstract

In marxian economic theory value is an underlying magnitude. Hence Marx’s critics have denounced it systematically as a metaphysical hypothesis. This essay suggests a twofold justification strategy. First, puts forward value in intensional terms, as a social collection related to a social rule. second, analyzes transformation problem as an impossibility theorem.

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How to Cite
Rendueles C. (2011). Social rules and prudential behaviour in labour theory of value. Logos. Anales del Seminario de Metafísica, 44, 77-88. https://doi.org/10.5209/rev_ASEM.2011.v44.36857
Section
Articles