The law of value in Ricardo and Marx

Abstract

A statement of Marx's law of value and the place which it occupies in the structure of his economic studies. A critique of the treatment of the law of value as found in the work of several writers—principally Maurice Dobb and Ronald Meek. The implications of this critique: an examination of Ricardo's method in the light of Das Kapital. The wider implications of the issues discussed for Marxist scholarship.