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1 socially necessary labor time
Englisch-Deutsch Fachwörterbuch der Wirtschaft > socially necessary labor time
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Socially necessary labour time — in Marx s critique of political economy is what regulates the exchange value of commodities in trade and consequently guides producers in their attempt to economise on labour. Unlike individual labour hours in the classical labour theory of value … Wikipedia
Labor theory of value — This theory, elaborated by classical economists, most notably David Ricardo in 1817, who had preceded Karl Marx, is the starting point for Marx’s own theory of surplus value or exploitation. According to the labor theory of value the value of… … Historical dictionary of Marxism
Labor theory of value — The labor theories of value (LTV) are theories in economics according to which the values of commodities are related to the labor needed to produce them.There are many different accounts of labor value, with the common element that the value of… … Wikipedia
Means of labor — Part of a series on Marxism … Wikipedia
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Capital, Volume I — is the first of three volumes in Karl Marx s monumental work, Das Kapital, and the only volume to be published during his lifetime. Originally published in 1867, Marx s aim in Capital, Volume I is to uncover and explain the laws specific to the… … Wikipedia
Critique of capitalism — Capitalism has been critiqued from many perspectives during its history. Criticisms range from people who disagree with the principles of capitalism in its entirety, to those who disagree with particular outcomes of capitalism. Among those… … Wikipedia
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SNLT — Start No Later Than .... (Business » General) ** Socially Necessary Labor Time (Business » General) ** Speed Negotiation Lock Time (Computing » Security) * Self Normalized Linear Test (Academic & Science » Mathematics) * State Network Leadership… … Abbreviations dictionary