Value and exploitation

Geoff Mann

Abstract


This paper argues for the continuing centrality of the category of value for radical critique. Via an examination of the common understanding of exploitation as a violation of the labour theory of value qua what one might call an 'ethical rule-of-thumb', I argue that the theory of value is in fact the theory of the stakes in the labour-capital antagonism. Any politically adequate theory of those stakes must overcome both the scientific pretensions and the depoliticization of capitalist social relations that underwrite 'everyday' understandings of value and exploitation.

Keywords


labour; value

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