Science and Technology Production
Marx and socially necessary labour time. On the content and form of the quantitative determination of value
Article
Date:
2025Publishing House and Editing Place:
Guilford PressMagazine:
Science & Society - ISSN 0036-8237Guilford Press
ISSN:
0036-8237Summary *
This article revisits the debates on socially necessary labour-time (SNLT) in the light of contemporary discussions of Marx´s value-theory, which have tended to move from a rather narrow focus on the explanation of the economic basis of the exploitation of wage-workers, to a wider critical inquiry into the social constitution of alienated and reified forms of mediation that structure the capitalist organisation of social life. Moreover, this re-examination of SNLT draws on a novel reading of the textual evidence offered by the critical edition of the manuscripts for Capital, against the backdrop of a brief overview of the controversies between the three main interpretations which can be found in the literature, and the development of an alternative systematic-dialectical presentation of the constitution of the content and concrete forms of realisation of the quantitative determination of value. Information provided by the agent in SIGEVAKey Words
Marx, Karllabour timevalue theoryquantitative determinaton