This article critically examines the received wisdom on the value of labor power that posits the workers’ material reproduction and the class struggle as two independent factors that determine the bundle of wage-goods consumed by the working class. It shows that this reading has no solid textual basis on Marx’s writings. Furthermore, it argues that it rests on a problematic separation of the actual immanent unity between materiality and social form in the capitalist mode of production.
AgliettaM.2000. A Theory of Capitalist Regulation: The US Experience. London: Verso.
2.
BalconiM.2002. Tacitness, codification of technological knowledge and the organisation of industry. Research Policy31 (3): 357–79.
3.
BellofioreR.2009. Marx and the macro-monetary foundation of microeconomics. In The Constitution of Capital: Essays on Volume I of Marx’s Capital, ed. R. BellofioreTaylorN., 170–210. Basingstoke: Palgrave Macmillan.
4.
BrennerR.GlickM.1991. The regulation approach: Theory and history. New Left Review188:45–119.
5.
CharnockG.StarostaG.2016. The New International Division of Labour: Global Transformations and Uneven National Development. London: Palgrave Macmillan.
6.
ClarkeS.1988. Overaccumulation, class struggle and the regulation approach. Capital & Class12 (3): 59–92.
7.
CleaverH.1979. Reading Capital Politically. Brighton: Harvester Press.
8.
FineB.LapavitsasC.Saad-FilhoA.2002. Transforming the transformation problem: Why the “new interpretation” is a wrong turning. Review of Radical Political Economics36 (1): 3–19.
9.
FitzsimonsA.GuevaraS.2016. Transnational corporations and the restructuring of the Argentine automotive industry: Change or continuity? In The New International Division of Labour: Global Transformations and Uneven National Development, ed. CharnockG.StarostaG.183-213. London: Palgrave Macmillan.
10.
FloridaR.2012. The Rise of the Creative Class, Revisited. New York: Basic Books.
11.
GrinbergN.2011. Transformations in the Korean and Brazilian processes of capitalist development between the mid-1950s and the mid-2000s: The political economy of late industrialisation. PhD thesis, The London School of Economics and Political Science. London.
12.
HeinrichM.2012. An Introduction to the Three Volumes of Karl Marx’s Capital. New York: Monthly Review Press.
13.
HuwsU.2014. Labor in the Global Digital Economy: The Cybertariat Comes of Age. New York: Monthly Review Press.
14.
Iñigo CarreraJ. 2007. Conocer el capital hoy. Usar críticamente El Capital. Buenos Aires, Argentina: Imago Mundi.
15.
KicillofA.StarostaG.2007a. On materiality and social form: A political critique of Rubin’s value-form theory. Historical Materialism15 (3): 9–43.
16.
KicillofA.StarostaG.2007b. Value form and class struggle: A critique of the autonomist theory of value. Capital & Class31 (2): 13–40.
17.
LapidesK.1998. Marx’s Theory of Wages in Historical Perspective. London: Praeger.
18.
LebowitzM.2003. Beyond Capital: Marx’s Political Economy of the Working Class. 2nd ed.Basingstoke: Palgrave Macmillan.
19.
MarxK.1976a. Capital. Vol. I. Harmondsworth: Penguin.
20.
MarxK.1976b. Results of the immediate process of production. In Capital, vol. 1, ed. MandelE.941–1084. Harmondsworth: Penguin.
21.
MarxK.1978. Capital. Vol. II. Harmondsworth: Penguin.
22.
MarxK.1985. Value, price and profit. In Karl Marx and Frederick Engels Collected Works, vol. 20, eds. KarmanovaN.LopukhinaM.VaravitskayaA. 101–49. London: Lawrence and Wishart.
23.
MarxK.1988. Economic manuscripts of 1861-63. In Karl Marx and Frederick Engels Collected Works, vol. 30, ed. VygodskyV.1–501. New York: International Publishers.
24.
MarxK.1993. Grundrisse: Foundations of the Critique of Political Economy. Harmondsworth: Penguin.
25.
MavroudeasS.2001. The monetary equivalent of labor and certain issues regarding money and the value of labor-power. Economie Appliquée54 (1): 37–54.
26.
MavroudeasS.2003. The French regulation approach and its theory of consumption. Storia Del Pensiero Economico43:233–55.
27.
MohunS.1994. A re(in)statement of the labor theory of value. Cambridge Journal of Economics18 (4): 391–412.
28.
NegriA.1991. Marx beyond Marx: Lessons on the Grundrisse. New York: Autonomedia.
29.
RamioulM.2006. Organisational change and the demand of skills. In The Transformation of Work in a Global Knowledge Economy: Towards a Conceptual Framework, ed. U. Huws, 97–119. Leuven: Hoger Instituut voor de Arbeid-K.U. Leuven.
30.
RowthornB.1980. Capitalism, Inflation and Conflict. London: Lawrence and Wishart.
31.
RubinI. I.1989. A History of Economic Thought. London: Pluto Press.
32.
StarostaG.2016. Marx’s Capital, Method and Revolutionary Subjectivity. Leiden: Brill.
