As várias dimensões da lei do valor

Authors

  • João Machado Borges Neto

Keywords:

value, competition, years worked, inequalities.

Abstract

This article intends to demonstrate that the law of value can be understood based on three successive versions, through which it becomes progressively more complex. The least complex law is the law of value determined by years worked. The second version is the law of social work distribution (which may also be interpreted as the law of equilibrium in the distribution of social work). Examination of the impact of intrasectorial competition among capitals in the capitalist economy leads to the third version of the law of value, the law of minimization of abstract work time. In this manner, the law of value is a dynamic law which forms the basis for general laws of capitalist economy development. Finally, in the international scene, the law of value is presented as the law of high-profit generation and of the widening of inequality.

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Published

2009-06-02

How to Cite

BORGES NETO, J. M. As várias dimensões da lei do valor. Nova Economia, [S. l.], v. 14, n. 3, 2009. Disponível em: https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/439. Acesso em: 26 feb. 2025.

Issue

Vol. 14 No. 3 (2004)

Section

Regular Issue

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