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Fritz Helmedag

Production of Commodities by Means of Labour: Rehabilitation of the Law of Value

Production of Commodities by Means of Labour: Rehabilitation of the Law of Value

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  • More about Production of Commodities by Means of Labour: Rehabilitation of the Law of Value

Format: Hardback
Length: 288 pages
Publication date: 05 May 2026
Publisher: Springer Nature Switzerland AG

This book revitalises the labour theory of value as a framework for determining production prices and explores its implications for economic theory and policy. In addition, profit maximisation in the vertically integrated wage sector, which satisfies demand financed out of wages, leads to a 100 % rate of profit (or rate of exploitation).


Dimension: 235 x 155 (mm)
ISBN-13: 9783032014566

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