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The relation between money and value in Marx

Author

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  • Maria de Lourdes Rollemberg Mollo

Abstract

This paper is an interpretation of Marx’s Theory of Value. Attention is called to the link which Marx has established between value and money, in capitalist economies, both in the sense of the genesis of money from commodities and value, and in the sense of the imposition of the law of value through monetary restriction. In the first part, value is defined as social represen-tation of labor in capitalist economies. The second part analyses the imposition of the law of value to commodities through money. Finally, the third part analyses how the law of value imposes itself over money. JEL Classification: B14; B31; D46

Suggested Citation

  • Maria de Lourdes Rollemberg Mollo, 1991. "The relation between money and value in Marx," Brazilian Journal of Political Economy, Center of Political Economy, vol. 11(2), pages 198-217.
    • Handle: RePEc:ekm:repojs:v:11:y:1991:i:2:p:198-217:id:1459
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    More about this item

    Keywords

    Value theory; history of economic thought; Marx;
    All these keywords.

    JEL classification:

    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D46 - Microeconomics - - Market Structure, Pricing, and Design - - - Value Theory

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