In Defence of Value a Reply to Ian Steedman

Abstract
Readers of the Bulletin will be aware of considerable past debate within the CSE on the definition and status of certain value categories. In Marx after Sraffa Ian Steedman argues, in part on the basis of points made in that discussion – in which he took a leading part – that all value categories constitute an obstacle to a scientific analysis of capitalism. This review article attempts a reply to his critique of value.

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