Marx's Theory of Value in Chapter 1 of Capital (eBook, PDF)
Fred Moseley
eBook, PDF

Marx's Theory of Value in Chapter 1 of Capital (eBook, PDF)

A Critique of Heinrich's Value-Form Interpretation

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Chapter 1 is the most important chapter in Capital, as well as the most difficult and the most controversial. An influential interpretation of Chapter 1 in recent decades has been the so-called "value-form interpretation" of Marx's theory in general and Chapter 1 in particular. The most important proponent of the value-form interpretation today, both in Germany and in the English-speaking world, is Michael Heinrich, and Heinrich's work has emphasized the first chapter. Heinrich's latest book in English is a detailed commentary of the first seven chapters of Volume 1 of Capital. The publication...

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