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MARXIST DEBATES ON VALUE: ON THE DEBATE BETWEEN DAVID HARVEY AND MICHAEL ROBERTS

In his short but comprehensive article, Harvey poses the question “what … was Marx’s distinctive value theory and how does it differ from the labor theory of value?” And he comments on almost all concepts and discussions within Marxism, allocating at least one sentence for each. It is my opinion that there are several theoretical criticisms to be raised against Harvey’s account of the theory of value presented in his intense essay. But first, let’s give a brief presentation of Harvey’s account of the Marxist theory of value.

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