 |
|
 |
value | A Wisdom Archive on value |  | value A selection of articles related to value |  |
 | |
value, Value, Value - Computer science, Value - Economics, Value - Law, Value - Marketing, Value - Mathematics, Value - Personal and cultural values, Anthropological theories of value, Fair value for more general discussions of economic value., Moral character
|  | | Page 1 » Page 2 « Page 3 More » |  |
 | |
| ARTICLES RELATED TO value | | | | |  |  |  | value: Encyclopedia - Analytic philosophyAnalytic philosophy is the dominant philosophical movement in University philosophy departments in English-speaking countries, although one of its founders, Gottlob Frege, was German, and many of its leading proponents, such as Ludwig Wittgenstein, Rudolf Carnap, Kurt Gödel and Karl Popper, were Austrian.
Logic and philosophy of language were central strands of analytic philosophy from the beginning, although this dominance has diminished greatly. Several lines of thought originate from the early, language-and-logic part of th ...
Including:
Read more here: » Analytic philosophy: Encyclopedia - Analytic philosophy |
|  |
|  |  |  | value: Encyclopedia - HumanHumans or human beings define themselves in biological, social, and spiritual terms. Biologically, humans are classified as the mammalian species Homo sapiens (Latin for "wise man" or "thinking man"): a bipedal primate of the superfamily Hominoidea, together with the other apes: chimpanzees, gorillas, orangutans, and gibbons.
Humans have an erect body carriage that frees their upper limbs for manipulating objects and a highly developed brain capable of abstract reasoning, speech, language, and ...
Including:
Read more here: » Human: Encyclopedia - Human |
|  |
| | | | | |  |  |  | value: Encyclopedia II - Law of value - The law of value in non-capitalist societiesThere has been a long and drawn-out debate among Marxists about whether the law of value also operates in non-capitalist societies where production is directed by the state authorities.
In his famous pamphlet Economic Problems of the USSR, Joseph Stalin argued that the law of value did operate in the socialist economy of the USSR. After all, Marx had stated in Das Kapital that:
"...after the abolition of the capitalist mode of production, but still retaining social production, the determination of value continues ...
See also:Law of value, Law of value - Economic value as such, Law of value - Is it an equilibrium theory?, Law of value - Factors counteracting the law of value, Law of value - Law of value in capitalism, Law of value - Smith's hidden hand, Law of value - Modification of the law of value in the world market, Law of value - A comment by Marx on the law of value, Law of value - A comment by Frederick Engels on the law of value, Law of value - The law of value in non-capitalist societies, Law of value - Post-modern thinking about the topic, Law of value - Criticism, Law of value - A Californian perspective: Jim Devine on the LoV, Law of value - Steve Keen and the machine Read more here: » Law of value: Encyclopedia II - Law of value - The law of value in non-capitalist societies |
|  |
|  |  |  | value: Encyclopedia II - Law of value - A comment by Marx on the law of valueIn his letter to Kugelmann of July 11, 1868, Karl Marx commented gruffly:
"As for the Centralblatt, the man is making the greatest concession possible by admitting that, if value means anything at all, then my conclusions must be conceded. The unfortunate fellow does not see that, even if there were no chapter on ‘value’ at all in my book, the analysis I give of the real relations would contain the proof and demonstration of the real value relation. The chatter about the need to prove the concept of value arises only from c ...
See also:Law of value, Law of value - Economic value as such, Law of value - Is it an equilibrium theory?, Law of value - Factors counteracting the law of value, Law of value - Law of value in capitalism, Law of value - Smith's hidden hand, Law of value - Modification of the law of value in the world market, Law of value - A comment by Marx on the law of value, Law of value - A comment by Frederick Engels on the law of value, Law of value - The law of value in non-capitalist societies, Law of value - Post-modern thinking about the topic, Law of value - Criticism, Law of value - A Californian perspective: Jim Devine on the LoV, Law of value - Steve Keen and the machine Read more here: » Law of value: Encyclopedia II - Law of value - A comment by Marx on the law of value |
|  |
|  |  |  | value: Encyclopedia II - Law of value - Modification of the law of value in the world marketMarx believed that the operation of the law of value was not only modified by the capitalist mode of production, but also in the world market (world trade, as contrasted with the home market or national economy). The main reason for this was the existence of different levels of the intensity and productivity of labour in different countries, creating for example a very different cost structure in different countries for all kinds of products.
Products that took 1 hour of labour to make in country A might take 10 hours to make in count ...
See also:Law of value, Law of value - Economic value as such, Law of value - Is it an equilibrium theory?, Law of value - Factors counteracting the law of value, Law of value - Law of value in capitalism, Law of value - Smith's hidden hand, Law of value - Modification of the law of value in the world market, Law of value - A comment by Marx on the law of value, Law of value - A comment by Frederick Engels on the law of value, Law of value - The law of value in non-capitalist societies, Law of value - Post-modern thinking about the topic, Law of value - Criticism, Law of value - A Californian perspective: Jim Devine on the LoV, Law of value - Steve Keen and the machine Read more here: » Law of value: Encyclopedia II - Law of value - Modification of the law of value in the world market |
|  |
|  |  |  | value: Encyclopedia II - Law of value - Post-modern thinking about the topicIt has become increasingly clear to intellligent economists that there is not one principle that can explain resource allocation in any real society, nor that economies allocate resources only according to one principle.
It is virtually meaningless to elevate one principle, such as markets or planning, to be the only one explaining resource allocation. So-called "free" markets cannot exist without substantial social and economic regulation, enforced by the political state, and all sorts of non-market activity. Economic "planning" cannot occur ...
See also:Law of value, Law of value - Economic value as such, Law of value - Is it an equilibrium theory?, Law of value - Factors counteracting the law of value, Law of value - Law of value in capitalism, Law of value - Smith's hidden hand, Law of value - Modification of the law of value in the world market, Law of value - A comment by Marx on the law of value, Law of value - A comment by Frederick Engels on the law of value, Law of value - The law of value in non-capitalist societies, Law of value - Post-modern thinking about the topic, Law of value - Criticism, Law of value - A Californian perspective: Jim Devine on the LoV, Law of value - Steve Keen and the machine Read more here: » Law of value: Encyclopedia II - Law of value - Post-modern thinking about the topic |
|  |
|  |  |  | value: Encyclopedia II - Law of value - Steve Keen and the machineIn an important new book, Debunking Economics, Steve Keen tries to pull the rug from under Marx's theory with a stunningly simple argument: machines can add more product-value over their operational lifetime than the total value of depreciation charged during those asset lives. Depreciation, he implies, was really the weak point in Marx's social accounting system all along, and Keen's case will hold irrespective of whatever definiti ...
See also:Law of value, Law of value - Economic value as such, Law of value - Is it an equilibrium theory?, Law of value - Factors counteracting the law of value, Law of value - Law of value in capitalism, Law of value - Smith's hidden hand, Law of value - Modification of the law of value in the world market, Law of value - A comment by Marx on the law of value, Law of value - A comment by Frederick Engels on the law of value, Law of value - The law of value in non-capitalist societies, Law of value - Post-modern thinking about the topic, Law of value - Criticism, Law of value - A Californian perspective: Jim Devine on the LoV, Law of value - Steve Keen and the machine Read more here: » Law of value: Encyclopedia II - Law of value - Steve Keen and the machine |
|  |
| |  |  |  | value: Encyclopedia II - Price - Conventional definitionHistorically, price value has superseded the barter value of pre-monetary systems, in which bartering was used to determine a value of a good or service. However, in countertrade prices may nevertheless be used to establish trading ratios, and informal bartering continues.
Economists, strictly speaking, view price as an exchange ratio between goods which reflects a utility preference by the buyer. Prices can also be said to exist in a barter system, although they may not be expressed in money.
From this point of view, a price is similar to an opportunity cost, that is, what must be given up in exchange ...
See also:Price, Price - Conventional definition, Price - Marxian price theory, Price - Austrian theory Read more here: » Price: Encyclopedia II - Price - Conventional definition |
|  |
|  |  |  | value: Encyclopedia II - Law of value - Smith's hidden handNeo-classical economics is based on the assumption that, left to themselves, markets will balance supply and demand spontaneously. If equilibrium does not exist, it will exist in the future, provided obstacles to market functioning are cleared away.
In his Bundesbank speech on January 13, 2004, US Federal Reserve chairman Alan Greenspan, stated:
"Globalization has altered the economic frameworks of both developed and developing nations in ways that are difficult to fully comprehend. Nonetheless, the largely unregu ...
See also:Law of value, Law of value - Economic value as such, Law of value - Is it an equilibrium theory?, Law of value - Factors counteracting the law of value, Law of value - Law of value in capitalism, Law of value - Smith's hidden hand, Law of value - Modification of the law of value in the world market, Law of value - A comment by Marx on the law of value, Law of value - A comment by Frederick Engels on the law of value, Law of value - The law of value in non-capitalist societies, Law of value - Post-modern thinking about the topic, Law of value - Criticism, Law of value - A Californian perspective: Jim Devine on the LoV, Law of value - Steve Keen and the machine Read more here: » Law of value: Encyclopedia II - Law of value - Smith's hidden hand |
|  |
|  |  |  | value: Encyclopedia II - Law of value - Law of value in capitalismMarx argues that as economic exchange develops and markets expand, the law of value is modified in its operation.
Thus, capitalism is a type of economy in which both inputs and outputs of production have become marketed goods and services (or commodities). In such an economy, Marx argues, what regulates the economic exchange of labour-products is their prices of production, i.e. cost-price + average profit. In pre-capitalist societies, where inputs often were ...
See also:Law of value, Law of value - Economic value as such, Law of value - Is it an equilibrium theory?, Law of value - Factors counteracting the law of value, Law of value - Law of value in capitalism, Law of value - Smith's hidden hand, Law of value - Modification of the law of value in the world market, Law of value - A comment by Marx on the law of value, Law of value - A comment by Frederick Engels on the law of value, Law of value - The law of value in non-capitalist societies, Law of value - Post-modern thinking about the topic, Law of value - Criticism, Law of value - A Californian perspective: Jim Devine on the LoV, Law of value - Steve Keen and the machine Read more here: » Law of value: Encyclopedia II - Law of value - Law of value in capitalism |
|  |
|  |  |  | value: Encyclopedia II - Price - Conventional definitionHistorically, price value has superseded the barter value of pre-monetary systems, in which bartering was used to determine a value of a good or service. However, in countertrade prices may nevertheless be used to establish trading ratios, and informal bartering continues.
Economists, strictly speaking, view price as an exchange ratio between goods which reflects a utility preference by the buyer. Prices can also said to exist in a barter system, although they may not be expressed in money.
From this point of view, a price is similar to an opportunity cost, that is, what must be given up in exchange ...
See also:Price, Price - Conventional definition, Price - Marxian price theory, Price - Austrian theory Read more here: » Price: Encyclopedia II - Price - Conventional definition |
|  |
|  | | Page 1 » Page 2 « Page 3 More » |  |
 | |
|
|