Chapter
The Labor Theory of Value and Karl Marx
58:48 - 1:03:44 (04:56)
In this podcast episode, the labor theory of value is discussed and how it relates to Karl Marx's work. The concept of commodity and commodity power associated with labor is also touched on.
Clips
This episode explains Karl Marx's labor theory of value, which proposes that the value of a commodity is derived from the labor required to produce it.
58:48 - 1:01:52 (03:04)
Karl Marx, labor theory of value
Summary
This episode explains Karl Marx's labor theory of value, which proposes that the value of a commodity is derived from the labor required to produce it.
ChapterThe Labor Theory of Value and Karl Marx
Episode#303 – Steve Keen: Marxism, Capitalism, and Economics
PodcastLex Fridman Podcast
Karl Marx's reading habits went through a significant change during the writing of his book, The Grand Risa as he switched from reading Ricardo exclusively to reading Hegel again which ultimately influenced his theories of use value and exchange value.
1:01:52 - 1:03:04 (01:12)
Karl Marx
Summary
Karl Marx's reading habits went through a significant change during the writing of his book, The Grand Risa as he switched from reading Ricardo exclusively to reading Hegel again which ultimately influenced his theories of use value and exchange value.
ChapterThe Labor Theory of Value and Karl Marx
Episode#303 – Steve Keen: Marxism, Capitalism, and Economics
PodcastLex Fridman Podcast
The podcast hosts discuss Marx's interpretation of dialectic, specifically foreground and background and the use value, exchange value.
1:03:04 - 1:03:44 (00:39)
Marx's Interpretation of Dialectic
Summary
The podcast hosts discuss Marx's interpretation of dialectic, specifically foreground and background and the use value, exchange value.