Why read Essays on Marx's Theory of Value?

Book cover of Essays on Marx's Theory of Value

Book description

Isaak Illich Rubin (12 June 1886, Dinaburg, now Latvia – 27 November 1937, Aktobe, now Kazakhstan) was a Soviet Marxian economist. His main work Essays on Marx's Theory of Value was published in 1924. He was executed in 1937 during the course of the Great Purge, but his ideas have…

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Why read it?

1 author picked Essays on Marx's Theory of Value as one of their favorite books. Why do they recommend it?

John Milios

Author

The book emphasizes the importance of Marx’s theory of value.

Rubin argues that Marx's mature economic writings provide an understanding of how labor is determined and limited by capitalist social relations, which appear as objective structures, that are being “reified” in the money existence of commodities.

The author further argues that the notion of simple commodity production does not characterize human societies since antiquity, as it is often argued by both Marxists and critics of Marx.

In Marx’s analysis, it constitutes the outer husk of the capitalist economy. Value and money are concepts which…

From John's list on Marxian economic theory.