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Value, Social Capabilities, Alienation:The Right to Revolt

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  • Haider A. Khan

    (GIGS, University of Denver)

Abstract

The labor theory of value in classical political economy, particularly as developed in Marx's Capital, has been the source of a number of interpretations and controversies. The purpose of this paper is to make an analytical distinction between two types of labor theories of value that can illuminate the role of the less well known of the two different theories in understanding the dynamics of capital accumulation and of systemic changes. This qualitative theory of value can be used to explore the significance of value form in both capitalism and the concept and practices of socialism. It can also offer a new way of defending the right to revolt on the part of those who are exploited under both capitalism and socialism.

Suggested Citation

  • Haider A. Khan, 2006. "Value, Social Capabilities, Alienation:The Right to Revolt," CIRJE F-Series CIRJE-F-410, CIRJE, Faculty of Economics, University of Tokyo.
  • Handle: RePEc:tky:fseres:2006cf410
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    File URL: http://www.cirje.e.u-tokyo.ac.jp/research/dp/2006/2006cf410.pdf
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    References listed on IDEAS

    as
    1. Abraham-Frois,Gilbert & Berrebi,Edmond, 1997. "Prices, Profits and Rhythms of Accumulation," Cambridge Books, Cambridge University Press, number 9780521395328.
    2. Keith Griffin & Jeffrey James, 1981. "The Transition to Egalitarian Development," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-05914-0.
    3. Levine,David P., 1995. "Wealth and Freedom," Cambridge Books, Cambridge University Press, number 9780521447911.
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    Cited by:

    1. Schettino, Francesco & Gabriele, Alberto & Khan, Haider A., 2021. "Polarization and the middle class in China: A non-parametric evaluation using CHNS and CHIP data," Structural Change and Economic Dynamics, Elsevier, vol. 57(C), pages 251-264.

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