A Critique of the Simultaneist Interpretation of Work Intensity in Marx's Value Theory from the TSSI perspective. (21st April 2023)

• Record Type: Journal Article
• Authors: Deytha Mon, Alan A.; Sebastián Hdez. Solorza, A.
• Is Part Of: World review of political economy. Volume 14:Number 1(2023)
• Page Start: 99
• Page End: 121
• Publication Date: 2023-04-21
• Subjects: work intensity -- relative surplus value -- TSSI; Economics -- Political aspects -- Periodicals; Economic development -- Periodicals; Economic policy -- Periodicals; Economic development; Economic policy; Economics -- Political aspects; Periodicals; 330.05
• DOI: 10.13169/worlrevipoliecon.14.1.0099
• Languages: English
• ISSNs: 2042-8928

Abstract

Abstract : This article makes an analytical critique of the position of Basu, Haas, and Moraitis, who, by extending the conventional linear system for the simultaneous determination of value, argue that in Marx's economic theory the intensification of work generates absolute surplus value and is not relative. This position is also contrasted with the original theory of Marx to verify its incompatibility. As an alternative in search of a rectification of the role of labor intensification as a generator of relative surplus value, this work incorporates labor intensity into the Temporal Single System Interpretation (TSSI), showing its full compatibility with Marx's original theory.