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Socially necessary labour time - Wikipedia

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class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/Gesellschaftlich_notwendige_Arbeit" title="Gesellschaftlich notwendige Arbeit – German" lang="de" hreflang="de" data-title="Gesellschaftlich notwendige Arbeit" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/Tiempo_de_trabajo_socialmente_necesario" title="Tiempo de trabajo socialmente necesario – Spanish" lang="es" hreflang="es" data-title="Tiempo de trabajo socialmente necesario" data-language-autonym="Español" data-language-local-name="Spanish" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-nl mw-list-item"><a href="https://nl.wikipedia.org/wiki/Maatschappelijk_noodzakelijke_arbeidstijd" title="Maatschappelijk noodzakelijke arbeidstijd – Dutch" lang="nl" hreflang="nl" data-title="Maatschappelijk noodzakelijke arbeidstijd" data-language-autonym="Nederlands" data-language-local-name="Dutch" class="interlanguage-link-target"><span>Nederlands</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E7%A4%BE%E4%BC%9A%E7%9A%84%E5%BF%85%E8%A6%81%E5%8A%B4%E5%83%8D%E6%99%82%E9%96%93" title="社会的必要労働時間 – Japanese" lang="ja" hreflang="ja" data-title="社会的必要労働時間" data-language-autonym="日本語" data-language-local-name="Japanese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/Toplumsal_bak%C4%B1mdan_gerekli_emek_s%C3%BCresi" title="Toplumsal bakımdan gerekli emek süresi – Turkish" lang="tr" hreflang="tr" data-title="Toplumsal bakımdan gerekli emek süresi" data-language-autonym="Türkçe" data-language-local-name="Turkish" 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(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output div:not(.notheme)>.tmp-color,html.skin-theme-clientpref-os .mw-parser-output p>.tmp-color,html.skin-theme-clientpref-os .mw-parser-output table:not(.notheme) .tmp-color{color:inherit!important}}</style><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><table class="sidebar sidebar-collapse nomobile nowraplinks" style="border-spacing:0.2em 0;"><tbody><tr><td class="sidebar-pretitle" style="padding-bottom:0.1em;">Part of <a href="/wiki/Category:Marxian_critique_of_political_economy" title="Category:Marxian critique of political economy">a series</a> on the</td></tr><tr><th class="sidebar-title-with-pretitle" style="background:#B60202;padding-bottom:0;font-size:175%;font-weight:normal;color:white;"><a href="/wiki/Marxian_critique_of_political_economy" class="mw-redirect" title="Marxian critique of political economy"><span class="tmp-color" style="color:white">Marxian critique of<br />political economy</span></a></th></tr><tr><td class="sidebar-image" style="padding:0.5em 0 1.0em;"><span typeof="mw:File"><a href="/wiki/Karl_Marx" title="Karl Marx"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Karl_Marx_001.jpg/110px-Karl_Marx_001.jpg" decoding="async" width="110" height="158" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Karl_Marx_001.jpg/165px-Karl_Marx_001.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Karl_Marx_001.jpg/220px-Karl_Marx_001.jpg 2x" data-file-width="1428" data-file-height="2048" /></a></span></td></tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)">Concepts</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top:0;"><div class="hlist"> <ul><li><a href="/wiki/Capitalist_mode_of_production_(Marxist_theory)" title="Capitalist mode of production (Marxist theory)">Capitalist mode of production</a></li> <li><a href="/wiki/Capital_(Marxism)" title="Capital (Marxism)">Capital</a></li> <li><a href="/wiki/Commodity_(Marxism)" title="Commodity (Marxism)">Commodity</a></li> <li><a href="/wiki/Abstract_labour_and_concrete_labour" title="Abstract labour and concrete labour">Concrete and abstract labour</a></li> <li><a href="/wiki/Critique_of_political_economy" title="Critique of political economy">Critique of political economy</a></li> <li><a href="/wiki/Means_of_production#Marxism_and_Marxist_theory_of_class" title="Means of production">Means of production</a></li> <li><a href="/wiki/Mode_of_production" title="Mode of production">Mode of production</a></li> <li><a href="/wiki/Productive_forces" title="Productive forces">Productive forces</a></li> <li><a href="/wiki/Relations_of_production" title="Relations of production">Relations of production</a></li> <li><a class="mw-selflink selflink">Socially necessary labour time</a></li> <li><a href="/wiki/Socialization_(Marxism)" title="Socialization (Marxism)">Socialization</a></li> <li><a href="/wiki/Wage_labour" title="Wage labour">Wage labour</a></li> <li><a href="/wiki/Wage_slavery" title="Wage slavery">Wage slavery</a></li> <li><a href="/wiki/Wertkritik" class="mw-redirect" title="Wertkritik">Wertkritik</a></li> <li><a href="/wiki/Wertkritik" class="mw-redirect" title="Wertkritik">Wertabspaltungskritik</a></li> <li><a href="/wiki/Value-form" title="Value-form">Value-form</a></li></ul> </div></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)">Topics</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top:0;"><div class="hlist"> <ul><li><a href="/wiki/Crisis_theory" title="Crisis theory">Crisis theory</a></li> <li><a href="/wiki/Theory_of_imperialism" class="mw-redirect" title="Theory of imperialism">Imperialism</a></li> <li><a href="/wiki/Historical_materialism" title="Historical materialism">Historical materialism</a></li> <li><a href="/wiki/Technological_unemployment" title="Technological unemployment">Technological unemployment</a></li> <li><a href="/wiki/Tendency_of_the_rate_of_profit_to_fall" title="Tendency of the rate of profit to fall">Falling profit-rate tendency</a></li></ul> </div></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)">Works</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top:0;;font-style:italic;"><div class="plainlist"> <ul><li><a href="/wiki/Outlines_of_a_Critique_of_Political_Economy" title="Outlines of a Critique of Political Economy">Outlines of a Critique of Political Economy</a></li> <li><div style="display:inline-block; padding:0.2em 0.4em; line-height:1.2em;"><a href="/wiki/Economic_and_Philosophical_Manuscripts_of_1844" class="mw-redirect" title="Economic and Philosophical Manuscripts of 1844">Economic and Philosophical<br />Manuscripts of 1844</a></div></li> <li><a href="/wiki/Wage_Labour_and_Capital" title="Wage Labour and Capital">Wage Labour and Capital</a></li> <li><div style="display:inline-block; padding:0.2em 0.4em; line-height:1.2em;"><a href="/wiki/A_Contribution_to_the_Critique_of_Political_Economy" title="A Contribution to the Critique of Political Economy">A Contribution to the<br />Critique of Political Economy</a></div></li> <li><a href="/wiki/Grundrisse" title="Grundrisse">Grundrisse</a></li> <li><a href="/wiki/Das_Kapital" title="Das Kapital">Das Kapital</a></li> <li><a href="/wiki/Theories_of_Surplus_Value" title="Theories of Surplus Value">Theories of Surplus Value</a></li> <li><a href="/wiki/Value,_Price_and_Profit" title="Value, Price and Profit">Value, Price and Profit</a></li></ul> </div></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)">People</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top:0;"><div class="hlist"> <ul><li><a href="/wiki/Karl_Marx" title="Karl Marx">Karl Marx</a></li> <li><a href="/wiki/Friedrich_Engels" title="Friedrich Engels">Friedrich Engels</a></li> <li><a href="/wiki/Paul_Lafargue" title="Paul Lafargue">Paul Lafargue</a></li> <li><a href="/wiki/Roman_Rosdolsky" title="Roman Rosdolsky">Roman Rosdolsky</a></li> <li><a href="/wiki/%C3%89tienne_Balibar" title="Étienne Balibar">Étienne Balibar</a></li> <li><a href="/wiki/Robert_Kurz_(philosopher)" class="mw-redirect" title="Robert Kurz (philosopher)">Robert Kurz</a></li> <li><a href="/wiki/Mark_Fisher" title="Mark Fisher">Mark Fisher</a></li> <li><a href="/wiki/Claus_Peter_Ortlieb" title="Claus Peter Ortlieb">Claus Peter Ortlieb</a></li> <li><a href="/w/index.php?title=Geoff_Pilling&amp;action=edit&amp;redlink=1" class="new" title="Geoff Pilling (page does not exist)">Geoff Pilling</a></li> <li><a href="/wiki/Moishe_Postone" title="Moishe Postone">Moishe Postone</a></li></ul> <p>NML: </p> <ul><li><a href="/wiki/Hans-Georg_Backhaus" title="Hans-Georg Backhaus">Hans-Georg Backhaus</a></li> <li><a href="/wiki/Helmut_Reichelt" title="Helmut Reichelt">Helmut Reichelt</a></li> <li><a href="/wiki/Hans-J%C3%BCrgen_Krahl" title="Hans-Jürgen Krahl">Hans-Jürgen Krahl</a></li></ul> </div></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)">Journals</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top:0;;font-style:italic;"><div class="plainlist"> <ul><li><a href="/wiki/Monthly_Review" title="Monthly Review">Monthly Review</a></li> <li><a href="/wiki/The_New_School#Academic_journals" title="The New School">New School Economic Review</a></li> <li><a href="/w/index.php?title=Crisis_and_Critique&amp;action=edit&amp;redlink=1" class="new" title="Crisis and Critique 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title="Economics">Economics</a></li> <li><a href="/wiki/Marxist_sociology" title="Marxist sociology">Marxist sociology</a></li></ul> </div></div></div></td> </tr><tr><td class="sidebar-below plainlist" style="border-top:1px solid #C00;padding-top:0.15em;border-bottom:1px solid #C00;"> <ul><li><a href="/wiki/Portal:Socialism" title="Portal:Socialism">Socialism portal</a></li></ul></td></tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1239400231">.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output .navbar-boxtext{word-spacing:0}.mw-parser-output .navbar ul{display:inline-block;white-space:nowrap;line-height:inherit}.mw-parser-output .navbar-brackets::before{margin-right:-0.125em;content:"[ "}.mw-parser-output .navbar-brackets::after{margin-left:-0.125em;content:" 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rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1246091330"><table class="sidebar sidebar-collapse nomobile nowraplinks"><tbody><tr><td class="sidebar-pretitle">Part of <a href="/wiki/Category:Marxism" title="Category:Marxism">a series</a> on</td></tr><tr><th class="sidebar-title-with-pretitle" style="font-size:175%;"><a href="/wiki/Marxism" title="Marxism">Marxism</a></th></tr><tr><td class="sidebar-image"><span class="notpageimage" typeof="mw:File"><a href="/wiki/File:Marx_Engels_icon.svg" class="mw-file-description" title="Karl Marx and Friedrich Engels"><img alt="Karl Marx and Friedrich Engels" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/e9/Marx_Engels_icon.svg/75px-Marx_Engels_icon.svg.png" decoding="async" width="75" height="75" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/e9/Marx_Engels_icon.svg/113px-Marx_Engels_icon.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/e9/Marx_Engels_icon.svg/150px-Marx_Engels_icon.svg.png 2x" data-file-width="333" data-file-height="333" /></a></span></td></tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed plainlist"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;;color: var(--color-base)"><a href="/wiki/Marxist_bibliography" title="Marxist bibliography">Theoretical works</a></div><div class="sidebar-list-content mw-collapsible-content" style="font-style:italic;"> <ul><li><a href="/wiki/Economic_and_Philosophic_Manuscripts_of_1844" title="Economic and Philosophic Manuscripts of 1844">Economic and Philosophic Manuscripts of 1844</a></li> <li><a href="/wiki/The_Condition_of_the_Working_Class_in_England" title="The Condition of the Working Class in England">The Condition of the Working Class in England</a></li> <li><a href="/wiki/The_German_Ideology" title="The German Ideology">The German Ideology</a></li> <li><a href="/wiki/The_Communist_Manifesto" title="The Communist Manifesto">The Communist Manifesto</a></li> <li><a href="/wiki/The_Eighteenth_Brumaire_of_Louis_Bonaparte" title="The Eighteenth Brumaire of Louis Bonaparte">The Eighteenth Brumaire of Louis Bonaparte</a></li> <li><a href="/wiki/Grundrisse" title="Grundrisse">Grundrisse</a></li> <li><a href="/wiki/Das_Kapital" title="Das Kapital">Capital</a></li> <li><a href="/wiki/Critique_of_the_Gotha_Programme" title="Critique of the Gotha Programme">Critique of the Gotha Programme</a></li> <li><a href="/wiki/Dialectics_of_Nature" title="Dialectics of Nature">Dialectics of Nature</a></li> <li><a href="/wiki/The_Origin_of_the_Family,_Private_Property_and_the_State" title="The Origin of the Family, Private Property and the State">The Origin of the Family, Private Property and the State</a></li> <li><a href="/wiki/What_Is_to_Be_Done%3F" title="What Is to Be Done?">What Is to Be Done?</a></li> <li><a href="/wiki/The_Accumulation_of_Capital" title="The Accumulation of Capital">The Accumulation of Capital</a></li> <li><a href="/wiki/Philosophical_Notebooks" title="Philosophical Notebooks">Philosophical Notebooks</a></li> <li><a href="/wiki/Terrorism_and_Communism" title="Terrorism and Communism">Terrorism and Communism</a></li> <li><a href="/wiki/The_State_and_Revolution" title="The State and Revolution">The State and Revolution</a></li> <li><a href="/wiki/Essays_on_Marx%27s_Theory_of_Value" title="Essays on Marx&#39;s Theory of Value">Essays on Marx's Theory of Value</a></li> <li><a href="/wiki/History_and_Class_Consciousness" title="History and Class Consciousness">History and Class Consciousness</a></li> <li><a href="/wiki/Prison_Notebooks" title="Prison Notebooks">Prison Notebooks</a></li> <li><a href="/wiki/The_Black_Jacobins" title="The Black Jacobins">The Black Jacobins</a></li> <li><a href="/wiki/On_Practice" title="On Practice">On Practice</a></li> <li><a href="/wiki/Theses_on_the_Philosophy_of_History" title="Theses on the Philosophy of History">Theses on the Philosophy of History</a></li> <li><a href="/wiki/Dialectic_of_Enlightenment" title="Dialectic of Enlightenment">Dialectic of Enlightenment</a></li> <li><a href="/wiki/A_Critique_of_Soviet_Economics" title="A Critique of Soviet Economics">A Critique of Soviet Economics</a></li> <li><a href="/wiki/The_Long_Revolution" title="The Long Revolution">The Long Revolution</a></li> <li><a href="/wiki/Guerrilla_Warfare_(book)" class="mw-redirect" title="Guerrilla Warfare (book)">Guerrilla Warfare</a></li> <li><a href="/wiki/The_Wretched_of_the_Earth" title="The Wretched of the Earth">The Wretched of the Earth</a></li> <li><a href="/wiki/Reading_Capital" title="Reading Capital">Reading Capital</a></li> <li><a href="/wiki/The_Society_of_the_Spectacle" title="The Society of the Spectacle">The Society of the Spectacle</a></li> <li><a href="/wiki/Pedagogy_of_the_Oppressed" title="Pedagogy of the Oppressed">Pedagogy of the Oppressed</a></li> <li><a href="/wiki/Ideology_and_Ideological_State_Apparatuses" title="Ideology and Ideological State Apparatuses">Ideology and Ideological State Apparatuses</a></li> <li><a href="/wiki/Ways_of_Seeing" title="Ways of Seeing">Ways of Seeing</a></li> <li><a href="/wiki/How_Europe_Underdeveloped_Africa" title="How Europe Underdeveloped Africa">How Europe Underdeveloped Africa</a></li> <li><a href="/wiki/Social_Justice_and_the_City" title="Social Justice and the City">Social Justice and the City</a></li> <li><a href="/wiki/Women,_Race_and_Class" title="Women, Race and Class">Women, Race and Class</a></li> <li><a href="/wiki/Marxism_and_the_Oppression_of_Women" title="Marxism and the Oppression of Women">Marxism and the Oppression of Women</a></li> <li><a href="/wiki/Imagined_Communities" title="Imagined Communities">Imagined Communities</a></li> <li><a href="/wiki/Hegemony_and_Socialist_Strategy" title="Hegemony and Socialist Strategy">Hegemony and Socialist Strategy</a></li> <li><a href="/wiki/The_Sublime_Object_of_Ideology" title="The Sublime Object of Ideology">The Sublime Object of Ideology</a></li> <li><a href="/wiki/Time,_Labor_and_Social_Domination" title="Time, Labor and Social Domination">Time, Labor and Social Domination</a></li> <li><a href="/wiki/The_Age_of_Extremes" title="The Age of Extremes">The Age of Extremes</a></li> <li><a href="/wiki/The_Origin_of_Capitalism" title="The Origin of Capitalism">The Origin of Capitalism</a></li> <li><a href="/wiki/Empire_(Hardt_and_Negri_book)" title="Empire (Hardt and Negri book)">Empire</a></li> <li><a href="/wiki/Late_Victorian_Holocausts" title="Late Victorian Holocausts">Late Victorian Holocausts</a></li> <li><a href="/wiki/Change_the_World_Without_Taking_Power" title="Change the World Without Taking Power">Change the World Without Taking Power</a></li> <li><a href="/wiki/Caliban_and_the_Witch" title="Caliban and the Witch">Caliban and the Witch</a></li> <li><a href="/wiki/An_Introduction_to_the_Three_Volumes_of_Karl_Marx%27s_Capital" title="An Introduction to the Three Volumes of Karl Marx&#39;s Capital">An Introduction to the Three Volumes of Karl Marx's Capital</a></li> <li><a href="/wiki/Capitalist_Realism" title="Capitalist Realism">Capitalist Realism</a></li> <li><a href="/wiki/Capital_in_the_Anthropocene" title="Capital in the Anthropocene">Capital in the Anthropocene</a></li> <li><a href="/wiki/Towards_Socialism_or_Capitalism%3F" title="Towards Socialism or Capitalism?">Towards Socialism or Capitalism?</a></li> <li><a href="/wiki/The_Revolution_Betrayed" title="The Revolution Betrayed">The Revolution Betrayed</a></li> <li><a href="/wiki/Literature_and_Revolution" title="Literature and Revolution">Literature and Revolution</a></li> <li><a href="/wiki/The_Struggle_Against_Fascism_in_Germany" title="The Struggle Against Fascism in Germany">The Struggle Against Fascism in Germany</a></li> <li><a href="/wiki/Their_Morals_and_Ours:_The_class_foundations_of_moral_practice" title="Their Morals and Ours: The class foundations of moral practice">Their Morals and Ours: The class foundations of moral practice</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed hlist"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;;color: var(--color-base)"><a href="/wiki/Marxist_philosophy" title="Marxist philosophy">Philosophy</a></div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Marx%27s_theory_of_alienation" title="Marx&#39;s theory of alienation">Alienation</a></li> <li><a href="/wiki/Dialectical_materialism" title="Dialectical materialism">Dialectical materialism</a></li> <li><a href="/wiki/Ideology#Marxist_interpretation" title="Ideology">Ideology</a></li> <li><a href="/wiki/Marxist_philosophy_of_nature" class="mw-redirect" title="Marxist philosophy of nature">Philosophy of nature</a></li> <li><a href="/wiki/Philosophy_in_the_Soviet_Union" title="Philosophy in the Soviet Union">Philosophy in the Soviet Union</a></li> <li><a href="/wiki/Reification_(Marxism)" title="Reification (Marxism)">Reification</a></li> <li><a href="/wiki/Marxist_ethics" title="Marxist ethics">Marxist ethics</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed hlist"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;;color: var(--color-base)"><a href="/wiki/Critique_of_political_economy" title="Critique of political economy">Critique of political economy</a></div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Capital_(Marxism)" title="Capital (Marxism)">Capital</a> (<a href="/wiki/Capital_accumulation" title="Capital accumulation">accumulation</a>)</li> <li><a href="/wiki/Crisis_theory" title="Crisis theory">Crisis theory</a></li> <li><a href="/wiki/Commodity_(Marxism)" title="Commodity (Marxism)">Commodity</a></li> <li><a href="/wiki/Abstract_labour_and_concrete_labour" title="Abstract labour and concrete labour">Concrete and abstract labor</a></li> <li><a href="/wiki/Factors_of_production#Marxism" title="Factors of production">Factors of production</a></li> <li><a href="/wiki/Tendency_of_the_rate_of_profit_to_fall" title="Tendency of the rate of profit to fall">Falling profit-rate tendency</a></li> <li><a href="/wiki/Means_of_production" title="Means of production">Means of production</a></li> <li><a href="/wiki/Mode_of_production" title="Mode of production">Mode of production</a> <ul><li><a href="/wiki/Capitalist_mode_of_production_(Marxist_theory)" title="Capitalist mode of production (Marxist theory)">Capitalist</a></li> <li><a href="/wiki/Socialist_mode_of_production" title="Socialist mode of production">Socialist</a></li></ul></li> <li><a href="/wiki/Productive_forces" title="Productive forces">Productive forces</a></li> <li><a href="/wiki/Scientific_socialism" title="Scientific socialism">Scientific socialism</a></li> <li><a href="/wiki/Surplus_product" title="Surplus product">Surplus product</a></li> <li><a class="mw-selflink selflink">Socially necessary labour time</a></li> <li><a href="/wiki/Value-form" title="Value-form">Value-form</a></li> <li><a href="/wiki/Wage_labour" title="Wage labour">Wage labour</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed hlist"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;;color: var(--color-base)"><a href="/wiki/Marxist_sociology" title="Marxist sociology">Sociology</a></div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Base_and_superstructure" title="Base and superstructure">Base and superstructure</a></li> <li><a href="/wiki/Bourgeoisie#Marxist_theory" title="Bourgeoisie">Bourgeoisie</a></li> <li><a href="/wiki/Marxian_class_theory" title="Marxian class theory">Class</a></li> <li><a href="/wiki/Class_consciousness" title="Class consciousness">Class consciousness</a></li> <li><a href="/wiki/Classless_society" title="Classless society">Classless society</a></li> <li><a href="/wiki/Commodity_fetishism" title="Commodity fetishism">Commodity fetishism</a></li> <li><a href="/wiki/Communist_society" title="Communist society">Communist society</a></li> <li><a href="/wiki/Critical_theory" title="Critical theory">Critical theory</a></li> <li><a href="/wiki/Cultural_hegemony" title="Cultural hegemony">Cultural hegemony</a></li> <li><a href="/wiki/Democracy_in_Marxism" title="Democracy in Marxism">Democracy</a> <ul><li><a href="/wiki/Dictatorship_of_the_proletariat" title="Dictatorship of the proletariat">Dictatorship of the proletariat</a></li> <li><a href="/wiki/Soviet_democracy" title="Soviet democracy">Soviet</a></li> <li><a href="/wiki/Radical_democracy" title="Radical democracy">Radical</a></li> <li><a href="/wiki/Democratic_centralism" title="Democratic centralism">Democratic centralism</a></li></ul></li> <li><a href="/wiki/Exploitation_of_labour#Marxist_theory" title="Exploitation of labour">Exploitation</a></li> <li><a href="/wiki/False_consciousness" title="False consciousness">False consciousness</a></li> <li><a href="/wiki/Marx%27s_theory_of_human_nature" title="Marx&#39;s theory of human nature">Human nature</a></li> <li><a href="/wiki/Immiseration_thesis" title="Immiseration thesis">Immiseration</a></li> <li><a href="/wiki/Theory_of_imperialism#Marx" class="mw-redirect" title="Theory of imperialism">Imperialism</a></li> <li><a href="/wiki/Lumpenproletariat" title="Lumpenproletariat">Lumpenproletariat</a></li> <li><a href="/wiki/Metabolic_rift" title="Metabolic rift">Metabolic rift</a></li> <li><a href="/wiki/Proletariat" title="Proletariat">Proletariat</a></li> <li><a href="/wiki/Private_property" title="Private property">Private property</a></li> <li><a href="/wiki/Relations_of_production" title="Relations of production">Relations of production</a></li> <li><a href="/wiki/Marx%27s_theory_of_the_state" title="Marx&#39;s theory of the state">State theory</a></li> <li><a href="/wiki/Working_class" title="Working class">Working class</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed plainlist"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;;color: var(--color-base)"><a href="/wiki/Historical_materialism" title="Historical materialism">History</a></div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Class_conflict" title="Class conflict">Class struggle</a></li> <li><a href="/wiki/Historical_determinism" title="Historical determinism">Historical determinism</a></li> <li><a href="/wiki/Primitive_accumulation_of_capital" title="Primitive accumulation of capital">Primitive accumulation</a></li> <li><a href="/wiki/Proletarian_revolution" title="Proletarian revolution">Proletarian revolution</a></li> <li><a href="/wiki/World_revolution" title="World revolution">World revolution</a></li> <li><a href="/wiki/Theory_of_historical_trajectory" title="Theory of historical trajectory">Theory of historical trajectory</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed hlist"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;;color: var(--color-base)">Aspects</div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Marxist_aesthetics" title="Marxist aesthetics">Aesthetics</a></li> <li><a href="/wiki/Marxist_archaeology" title="Marxist archaeology">Archaeology</a></li> <li><a href="/wiki/Marxist_criminology" title="Marxist criminology">Criminology</a></li> <li><a href="/wiki/Marxist_cultural_analysis" title="Marxist cultural analysis">Cultural analysis</a></li> <li><a href="/wiki/Cultural_studies" title="Cultural studies">Cultural Studies</a></li> <li><a href="/wiki/Marxist_ethics" title="Marxist ethics">Ethics</a></li> <li><a href="/wiki/Marxist_film_theory" title="Marxist film theory">Film theory</a></li> <li><a href="/wiki/Marxist_geography" title="Marxist geography">Geography</a></li> <li><a href="/wiki/Marxist_historiography" title="Marxist historiography">Historiography</a></li> <li><a href="/wiki/Marxist_literary_criticism" title="Marxist literary criticism">Literary criticism</a></li> <li><a href="/wiki/Marxism_and_religion" title="Marxism and religion">Marxism and religion</a></li> <li><a href="/wiki/Marxist_sociology" title="Marxist sociology">Sociology</a></li> <li><a href="/wiki/Marxist_philosophy" title="Marxist philosophy">Philosophy</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;;color: var(--color-base)">Common variants</div><div class="sidebar-list-content mw-collapsible-content"><table class="sidebar nomobile nowraplinks" style="background-color: transparent; color: var( --color-base ); border-collapse:collapse; border-spacing:0px; border:none; width:100%; margin:0px; font-size:100%; clear:none; float:none"><tbody><tr><th class="sidebar-heading" style="padding-top:0.2em;font-style:italic;font-weight:normal;border-bottom:1px solid #ccc;"> <a href="/wiki/Structural_Marxism" title="Structural Marxism">Structural</a></th></tr><tr><td class="sidebar-content plainlist hlist" style="padding-top:0.15em;"> <ul><li><a href="/wiki/Autonomism" title="Autonomism">Autonomist</a></li> <li><a href="/wiki/Marxism%E2%80%93Leninism" title="Marxism–Leninism">Marxism–Leninism</a> <ul><li><a href="/wiki/Guevarism" title="Guevarism">Guevarism</a></li> <li><a href="/wiki/Maoism" title="Maoism">Maoism</a></li> <li><a href="/wiki/Titoism" title="Titoism">Titoism</a></li> <li><a href="/wiki/Trotskyism" title="Trotskyism">Trotskyism</a></li></ul></li> <li><a href="/wiki/Neo-Gramscianism" title="Neo-Gramscianism">Neo-Gramscianism</a></li> <li><a href="/wiki/Regulation_school" title="Regulation school">Regulation school</a></li> <li><a href="/wiki/Maoism%E2%80%93Third_Worldism" title="Maoism–Third Worldism">Third-worldist</a></li></ul></td> </tr><tr><th class="sidebar-heading" style="padding-top:0.2em;font-style:italic;font-weight:normal;border-bottom:1px solid #ccc;"> <a href="/wiki/History_and_Class_Consciousness#Summary" title="History and Class Consciousness">Hegelian</a></th></tr><tr><td class="sidebar-content plainlist hlist" style="padding-top:0.15em;"> <ul><li><a href="/wiki/Budapest_School" title="Budapest School">Budapest School</a></li> <li><a href="/wiki/Frankfurt_School" title="Frankfurt School">Frankfurt School</a></li> <li><a href="/wiki/Marxist_humanism" title="Marxist humanism">Humanist</a></li> <li><a href="/wiki/Neue_Marx-Lekt%C3%BCre" title="Neue Marx-Lektüre">Neue Marx-Lektüre</a></li> <li><a href="/wiki/Open_Marxism" title="Open Marxism">Open</a></li> <li><a href="/wiki/Political_Marxism" title="Political Marxism">Political</a></li> <li><a href="/wiki/Praxis_School" title="Praxis School">Praxis School</a></li></ul></td> </tr><tr><th class="sidebar-heading" style="padding-top:0.2em;font-style:italic;font-weight:normal;border-bottom:1px solid #ccc;"> Both</th></tr><tr><td class="sidebar-content plainlist hlist" style="padding-top:0.15em;"> <ul><li><a href="/wiki/Black_radical_tradition" title="Black radical tradition">Black</a></li> <li><a href="/wiki/Classical_Marxism" title="Classical Marxism">Classical</a></li> <li><a href="/wiki/Communization" title="Communization">Communization</a></li> <li><a href="/wiki/Marxist_feminism" title="Marxist feminism">Feminist</a></li> <li><a href="/wiki/Leninism" title="Leninism">Leninism</a></li> <li><a href="/wiki/Neo-Marxism" title="Neo-Marxism">Neo</a></li> <li><a href="/wiki/Post-Marxism" title="Post-Marxism">Post</a></li> <li><a href="/wiki/Western_Marxism" title="Western Marxism">Western</a></li></ul></td> </tr></tbody></table></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed hlist"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;;color: var(--color-base)"><a href="/wiki/Marxist_schools_of_thought" title="Marxist schools of thought">Other variants</a></div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Analytical_Marxism" title="Analytical Marxism">Analytical</a></li> <li><a href="/wiki/Austromarxism" title="Austromarxism">Austromarxism</a></li> <li><a href="/wiki/Centrist_Marxism" title="Centrist Marxism">Centrist</a></li> <li><a href="/wiki/Council_communism" title="Council communism">Council communism</a></li> <li><a href="/wiki/Eurocommunism" title="Eurocommunism">Eurocommunism</a></li> <li><a href="/wiki/Instrumental_Marxism" title="Instrumental Marxism">Instrumental</a></li> <li><a href="/wiki/Marxism%E2%80%93Leninism%E2%80%93Maoism" title="Marxism–Leninism–Maoism">Marxism–Leninism–Maoism</a></li> <li><a href="/wiki/Nkrumaism" title="Nkrumaism">Nkrumaism</a></li> <li><a href="/wiki/Orthodox_Marxism" title="Orthodox Marxism">Orthodox</a></li> <li><a href="/wiki/Revisionism_(Marxism)" title="Revisionism (Marxism)">Revisionist</a></li> <li><a href="/wiki/Situationist" class="mw-redirect" title="Situationist">Situationist</a></li> <li><a href="/wiki/Socialism_with_Chinese_characteristics" title="Socialism with Chinese characteristics">Socialism with Chinese characteristics</a></li> <li><a href="/wiki/Wertkritik" class="mw-redirect" title="Wertkritik">Wertkritik</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed hlist"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;;color: var(--color-base)"><a href="/wiki/List_of_contributors_to_Marxist_theory" title="List of contributors to Marxist theory">People</a></div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><b><a href="/wiki/Karl_Marx" title="Karl Marx">Marx</a></b></li> <li><b><a href="/wiki/Friedrich_Engels" title="Friedrich Engels">Engels</a></b></li> <li><a href="/wiki/William_Morris" title="William Morris">Morris</a></li> <li><a href="/wiki/Paul_Lafargue" title="Paul Lafargue">Lafargue</a></li> <li><a href="/wiki/Isaak_Illich_Rubin" title="Isaak Illich Rubin">Rubin</a></li> <li><a href="/wiki/Karl_Kautsky" title="Karl Kautsky">Kautsky</a></li> <li><a href="/wiki/Georgi_Plekhanov" title="Georgi Plekhanov">Plekhanov</a></li> <li><a href="/wiki/W._E._B._Du_Bois" title="W. E. B. Du Bois">Du Bois</a></li> <li><a href="/wiki/James_Connolly" title="James Connolly">Connolly</a></li> <li><b><a href="/wiki/Vladimir_Lenin" title="Vladimir Lenin">Lenin</a></b></li> <li><a href="/wiki/Rosa_Luxemburg" title="Rosa Luxemburg">Luxemburg</a></li> <li><a href="/wiki/Karl_Liebknecht" title="Karl Liebknecht">Liebknecht</a></li> <li><a href="/wiki/Alexandra_Kollontai" title="Alexandra Kollontai">Kollontai</a></li> <li><a href="/wiki/Alexander_Bogdanov" title="Alexander Bogdanov">Bogdanov</a></li> <li><b><a href="/wiki/Joseph_Stalin" title="Joseph Stalin">Stalin</a></b></li> <li><a href="/wiki/Leon_Trotsky" title="Leon Trotsky">Trotsky</a></li> <li><a href="/wiki/Henryk_Grossman" title="Henryk Grossman">Grossman</a></li> <li><a href="/wiki/Grigory_Zinoviev" title="Grigory Zinoviev">Zinoviev</a></li> <li><a href="/wiki/Ernst_Bloch" title="Ernst Bloch">Bloch</a></li> <li><a href="/wiki/Gy%C3%B6rgy_Luk%C3%A1cs" title="György Lukács">Lukács</a></li> <li><a href="/wiki/Karl_Korsch" title="Karl Korsch">Korsch</a></li> <li><a href="/wiki/Nikolai_Bukharin" title="Nikolai Bukharin">Bukharin</a></li> <li><a href="/wiki/Ho_Chi_Minh" title="Ho Chi Minh">Ho</a></li> <li><a href="/wiki/Victor_Serge" title="Victor Serge">Serge</a></li> <li><a href="/wiki/Antonio_Gramsci" title="Antonio Gramsci">Gramsci</a></li> <li><a href="/wiki/Mirsaid_Sultan-Galiev" title="Mirsaid Sultan-Galiev">Galiev</a></li> <li><a href="/wiki/Evgeny_Pashukanis" title="Evgeny Pashukanis">Pashukanis</a></li> <li><a href="/wiki/Amadeo_Bordiga" title="Amadeo Bordiga">Bordiga</a></li> <li><a href="/wiki/Walter_Benjamin" title="Walter Benjamin">Benjamin</a></li> <li><b><a href="/wiki/Mao_Zedong" title="Mao Zedong">Mao</a></b></li> <li><a href="/wiki/Jyoti_Basu" title="Jyoti Basu">Basu</a></li> <li><a href="/wiki/Jos%C3%A9_Carlos_Mari%C3%A1tegui" title="José Carlos Mariátegui">Mariátegui</a></li> <li><a href="/wiki/Max_Horkheimer" title="Max Horkheimer">Horkheimer</a></li> <li><a href="/wiki/R._Palme_Dutt" title="R. Palme Dutt">Dutt</a></li> <li><a href="/wiki/Bertolt_Brecht" title="Bertolt Brecht">Brecht</a></li> <li><a href="/wiki/Herbert_Marcuse" title="Herbert Marcuse">Marcuse</a></li> <li><a href="/wiki/Micha%C5%82_Kalecki" title="Michał Kalecki">Kalecki</a></li> <li><a href="/wiki/Erich_Fromm" title="Erich Fromm">Fromm</a></li> <li><a href="/wiki/Oliver_Cox" title="Oliver Cox">Cox</a></li> <li><a href="/wiki/Henri_Lefebvre" title="Henri Lefebvre">Lefebvre</a></li> <li><a href="/wiki/C._L._R._James" title="C. L. R. James">James</a></li> <li><a href="/wiki/Theodor_W._Adorno" title="Theodor W. Adorno">Adorno</a></li> <li><a href="/wiki/George_Padmore" title="George Padmore">Padmore</a></li> <li><a href="/wiki/Jean-Paul_Sartre" title="Jean-Paul Sartre">Sartre</a></li> <li><a href="/wiki/Isaac_Deutscher" title="Isaac Deutscher">Deutscher</a></li> <li><a href="/wiki/Enver_Hoxha" title="Enver Hoxha">Hoxha</a></li> <li><a href="/wiki/Simone_de_Beauvoir" title="Simone de Beauvoir">Beauvoir</a></li> <li><a href="/wiki/Werner_Sombart" title="Werner Sombart">Sombart</a></li> <li><a href="/wiki/Kwame_Nkrumah" title="Kwame Nkrumah">Nkrumah</a></li> <li><a href="/wiki/Paul_Sweezy" title="Paul Sweezy">Sweezy</a></li> <li><a href="/wiki/Arghiri_Emmanuel" title="Arghiri Emmanuel">Emmanuel</a></li> <li><a href="/wiki/Christopher_Hill_(historian)" title="Christopher Hill (historian)">Hill</a></li> <li><a href="/wiki/Charles_Bettelheim" title="Charles Bettelheim">Bettelheim</a></li> <li><a href="/wiki/Hal_Draper" title="Hal Draper">Draper</a></li> <li><a href="/wiki/Claudia_Jones" title="Claudia Jones">Jones</a></li> <li><a href="/wiki/Eric_Hobsbawm" title="Eric Hobsbawm">Hobsbawm</a></li> <li><a href="/wiki/Louis_Althusser" title="Louis Althusser">Althusser</a></li> <li><a href="/wiki/William_H._Hinton" title="William H. Hinton">Hinton</a></li> <li><a href="/wiki/Raymond_Williams" title="Raymond Williams">Williams</a></li> <li><a href="/wiki/Paulo_Freire" title="Paulo Freire">Freire</a></li> <li><a href="/wiki/Ernest_Mandel" title="Ernest Mandel">Mandel</a></li> <li><a href="/wiki/Ambalavaner_Sivanandan" title="Ambalavaner Sivanandan">Sivanandan</a></li> <li><a href="/wiki/Ralph_Miliband" title="Ralph Miliband">Miliband</a></li> <li><a href="/wiki/Am%C3%ADlcar_Cabral" title="Amílcar Cabral">Cabral</a></li> <li><a href="/wiki/E._P._Thompson" title="E. P. Thompson">Thompson</a></li> <li><a href="/wiki/Zygmunt_Bauman" title="Zygmunt Bauman">Bauman</a></li> <li><a href="/wiki/Frantz_Fanon" title="Frantz Fanon">Fanon</a></li> <li><a href="/wiki/Karel_Kos%C3%ADk" title="Karel Kosík">Kosik</a></li> <li><a href="/wiki/John_Berger" title="John Berger">Berger</a></li> <li><a href="/wiki/Fidel_Castro" title="Fidel Castro">Castro</a></li> <li><a href="/wiki/Che_Guevara" title="Che Guevara">Guevara</a></li> <li><a href="/wiki/Marcel_Liebman" title="Marcel Liebman">Liebman</a></li> <li><a href="/wiki/Agnes_Heller" class="mw-redirect" title="Agnes Heller">Heller</a></li> <li><a href="/wiki/F%C3%A9lix_Guattari" title="Félix Guattari">Guattari</a></li> <li><a href="/wiki/Istv%C3%A1n_M%C3%A9sz%C3%A1ros_(philosopher)" title="István Mészáros (philosopher)">Mészáros</a></li> <li><a href="/wiki/James_O%27Connor_(academic)" title="James O&#39;Connor (academic)">O'Connor</a></li> <li><a href="/wiki/Immanuel_Wallerstein" title="Immanuel Wallerstein">Wallerstein</a></li> <li><a href="/wiki/Maria_Mies" title="Maria Mies">Mies</a></li> <li><a href="/wiki/Mario_Tronti" title="Mario Tronti">Tronti</a></li> <li><a href="/wiki/Guy_Debord" title="Guy Debord">Debord</a></li> <li><a href="/wiki/Samir_Amin" title="Samir Amin">Amin</a></li> <li><a href="/wiki/Stuart_Hall_(cultural_theorist)" title="Stuart Hall (cultural theorist)">Hall</a></li> <li><a href="/wiki/Tom_Nairn" title="Tom Nairn">Nairn</a></li> <li><a href="/wiki/Michael_Parenti" title="Michael Parenti">Parenti</a></li> <li><a href="/wiki/Antonio_Negri" title="Antonio Negri">Negri</a></li> <li><a href="/wiki/Fredric_Jameson" title="Fredric Jameson">Jameson</a></li> <li><a href="/wiki/Abimael_Guzm%C3%A1n" title="Abimael Guzmán">Gonzalo</a></li> <li><a href="/wiki/Enrique_Dussel" title="Enrique Dussel">Dussel</a></li> <li><a href="/wiki/David_Harvey" title="David Harvey">Harvey</a></li> <li><a href="/wiki/Ernesto_Laclau" title="Ernesto Laclau">Laclau</a></li> <li><a href="/wiki/Rudolf_Bahro" title="Rudolf Bahro">Bahro</a></li> <li><a href="/wiki/Nicos_Poulantzas" title="Nicos Poulantzas">Poulantzas</a></li> <li><a href="/wiki/Gianni_Vattimo" title="Gianni Vattimo">Vattimo</a></li> <li><a href="/wiki/Alain_Badiou" title="Alain Badiou">Badiou</a></li> <li><a href="/wiki/Marta_Harnecker" title="Marta Harnecker">Harnecker</a></li> <li><a href="/wiki/Elmar_Altvater" title="Elmar Altvater">Altvater</a></li> <li><a href="/wiki/Perry_Anderson" title="Perry Anderson">Anderson</a></li> <li><a href="/wiki/Michael_L%C3%B6wy" title="Michael Löwy">Löwy</a></li> <li><a href="/wiki/Lise_Vogel" title="Lise Vogel">Vogel</a></li> <li><a href="/wiki/Jose_Maria_Sison" title="Jose Maria Sison">Sison</a></li> <li><a href="/wiki/Antony_Easthope" title="Antony Easthope">Easthope</a></li> <li><a href="/wiki/Jacques_Ranci%C3%A8re" title="Jacques Rancière">Rancière</a></li> <li><a href="/wiki/Marshall_Berman" title="Marshall Berman">Berman</a></li> <li><a href="/wiki/Adam_Przeworski" title="Adam Przeworski">Przeworski</a></li> <li><a href="/wiki/G._A._Cohen" title="G. A. Cohen">Cohen</a></li> <li><a href="/wiki/G%C3%B6ran_Therborn" title="Göran Therborn">Therborn</a></li> <li><a href="/wiki/Domenico_Losurdo" title="Domenico Losurdo">Losurdo</a></li> <li><a href="/wiki/Stokely_Carmichael" title="Stokely Carmichael">Ture</a></li> <li><a href="/wiki/Moishe_Postone" title="Moishe Postone">Postone</a></li> <li><a href="/wiki/Walter_Rodney" title="Walter Rodney">Rodney</a></li> <li><a href="/wiki/Himani_Bannerji" title="Himani Bannerji">Bannerji</a></li> <li><a href="/wiki/Gayatri_Chakravorty_Spivak" title="Gayatri Chakravorty Spivak">Spivak</a></li> <li><a href="/wiki/Huey_P._Newton" title="Huey P. Newton">Newton</a></li> <li><a href="/wiki/Settlers:_The_Mythology_of_the_White_Proletariat" title="Settlers: The Mythology of the White Proletariat">Sakai</a></li> <li><a href="/wiki/Ellen_Meiksins_Wood" title="Ellen Meiksins Wood">Wood</a></li> <li><a href="/wiki/Silvia_Federici" title="Silvia Federici">Federici</a></li> <li><a href="/wiki/Richard_D._Wolff" title="Richard D. Wolff">Wolff</a></li> <li><a href="/wiki/%C3%89tienne_Balibar" title="Étienne Balibar">Balibar</a></li> <li><a href="/wiki/Terry_Eagleton" title="Terry Eagleton">Eagleton</a></li> <li><a href="/wiki/Robert_Kurz" title="Robert Kurz">Kurz</a></li> <li><a href="/wiki/Nancy_Hartsock" title="Nancy Hartsock">Hartsock</a></li> <li><a href="/wiki/Sheila_Rowbotham" title="Sheila Rowbotham">Rowbotham</a></li> <li><a href="/wiki/Chantal_Mouffe" title="Chantal Mouffe">Mouffe</a></li> <li><a href="/wiki/Norman_Geras" title="Norman Geras">Geras</a></li> <li><a href="/wiki/Robert_Brenner" title="Robert Brenner">Brenner</a></li> <li><a href="/wiki/Angela_Davis" title="Angela Davis">Davis</a></li> <li><a href="/wiki/Doreen_Massey_(geographer)" title="Doreen Massey (geographer)">Massey</a></li> <li><a href="/wiki/Harry_Cleaver" title="Harry Cleaver">Cleaver</a></li> <li><a href="/wiki/Maurice_Bishop" title="Maurice Bishop">Bishop</a></li> <li><a href="/wiki/Donna_Haraway" title="Donna Haraway">Haraway</a></li> <li><a href="/wiki/Leo_Panitch" title="Leo Panitch">Panitch</a></li> <li><a href="/wiki/Simon_Clarke_(sociologist)" title="Simon Clarke (sociologist)">Clarke</a></li> <li><a href="/wiki/Bob_Jessop" title="Bob Jessop">Jessop</a></li> <li><a href="/wiki/Mike_Davis_(scholar)" title="Mike Davis (scholar)">Davis</a></li> <li><a href="/wiki/Erik_Olin_Wright" title="Erik Olin Wright">Wright</a></li> <li><a href="/wiki/Nancy_Fraser" title="Nancy Fraser">Fraser</a></li> <li><a href="/wiki/Michael_Burawoy" title="Michael Burawoy">Burawoy</a></li> <li><a href="/wiki/John_Holloway_(sociologist)" title="John Holloway (sociologist)">Holloway</a></li> <li><a href="/wiki/Gillian_Rose" title="Gillian Rose">Rose</a></li> <li><a href="/wiki/Ernesto_Screpanti" title="Ernesto Screpanti">Screpanti</a></li> <li><a href="/wiki/G%C3%A1sp%C3%A1r_Mikl%C3%B3s_Tam%C3%A1s" title="Gáspár Miklós Tamás">Tamás</a></li> <li><a href="/wiki/Fred_Hampton" title="Fred Hampton">Hampton</a></li> <li><a href="/wiki/Alfonso_Cano" title="Alfonso Cano">Cano</a></li> <li><a href="/wiki/Slavoj_%C5%BDi%C5%BEek" title="Slavoj Žižek">Žižek</a></li> <li><a href="/wiki/Franco_Berardi" title="Franco Berardi">Berardi</a></li> <li><a href="/wiki/Thomas_Sankara" title="Thomas Sankara">Sankara</a></li> <li><a href="/wiki/Rosemary_Hennessy" title="Rosemary Hennessy">Hennessy</a></li> <li><a href="/wiki/John_McDonnell" title="John McDonnell">McDonnell</a></li> <li><a href="/wiki/Costas_Douzinas" title="Costas Douzinas">Douzinas</a></li> <li><a href="/wiki/David_Roediger" title="David Roediger">Roediger</a></li> <li><a href="/wiki/John_Bellamy_Foster" title="John Bellamy Foster">Foster</a></li> <li><a href="/wiki/Cornel_West" title="Cornel West">West</a></li> <li><a href="/wiki/Anuradha_Ghandy" title="Anuradha Ghandy">Ghandy</a></li> <li><a href="/wiki/Subcomandante_Marcos" title="Subcomandante Marcos">Marcos</a></li> <li><a href="/wiki/Michael_Heinrich" title="Michael Heinrich">Heinrich</a></li> <li><a href="/wiki/Vijay_Prashad" title="Vijay Prashad">Prashad</a></li> <li><a href="/wiki/Robin_Kelley" title="Robin Kelley">Kelley</a></li> <li><a href="/wiki/Jodi_Dean" title="Jodi Dean">Dean</a></li> <li><a href="/wiki/Fr%C3%A9d%C3%A9ric_Lordon" title="Frédéric Lordon">Lordon</a></li> <li><a href="/wiki/%C3%81lvaro_Garc%C3%ADa_Linera" title="Álvaro García Linera">Linera</a></li> <li><a href="/wiki/Mark_Fisher" title="Mark Fisher">Fisher</a></li> <li><a href="/wiki/Li_Minqi" title="Li Minqi">Li</a></li> <li><a href="/wiki/Glen_Coulthard" title="Glen Coulthard">Coulthard</a></li> <li><a href="/wiki/Andreas_Malm" title="Andreas Malm">Malm</a></li> <li><a href="/wiki/Richard_Seymour_(21st-century_writer)" title="Richard Seymour (21st-century writer)">Seymour</a></li> <li><a href="/wiki/Alberto_Toscano" title="Alberto Toscano">Toscano</a></li> <li><a href="/wiki/Tithi_Bhattacharya" title="Tithi Bhattacharya">Bhattacharya</a></li> <li><a href="/wiki/J._Moufawad-Paul" title="J. Moufawad-Paul">Moufawad-Paul</a></li> <li><a href="/wiki/Nick_Srnicek" title="Nick Srnicek">Srnicek</a></li> <li><a href="/wiki/Sre%C4%87ko_Horvat" title="Srećko Horvat">Horvat</a></li> <li><a href="/wiki/Agon_Hamza" title="Agon Hamza">Hamza</a></li> <li><a href="/wiki/Kohei_Saito" title="Kohei Saito">Saito</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed hlist"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;;color: var(--color-base)">Journals</div><div class="sidebar-list-content mw-collapsible-content" style="font-style:italic;"> <ul><li><a href="/wiki/Antipode_(journal)" title="Antipode (journal)">Antipode</a></li> <li><a href="/wiki/Capital_%26_Class" title="Capital &amp; Class">Capital &amp; Class</a></li> <li><a href="/wiki/Capitalism_Nature_Socialism" title="Capitalism Nature Socialism">Capitalism Nature Socialism</a></li> <li><a href="/wiki/Constellations_(journal)" title="Constellations (journal)">Constellations</a></li> <li><a href="/wiki/Critique:_Journal_of_Socialist_Theory" title="Critique: Journal of Socialist Theory">Critique: Journal of Socialist Theory</a></li> <li><a href="/wiki/Historical_Materialism_(journal)" title="Historical Materialism (journal)">Historical Materialism</a></li> <li><a href="/wiki/Mediations_(journal)" title="Mediations (journal)">Mediations</a></li> <li><a href="/wiki/Monthly_Review" title="Monthly Review">Monthly Review</a></li> <li><a href="/wiki/New_Left_Review" title="New Left Review">New Left Review</a></li> <li><a href="/wiki/Race_%26_Class" title="Race &amp; 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council">Workers' council</a></li></ul></div></div></td> </tr><tr><td class="sidebar-below plainlist" style="line-height:1.6em;"> <ul><li><a href="/wiki/Outline_of_Marxism" title="Outline of Marxism">Outline</a></li> <li><span class="nowrap"><span class="noviewer" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/6/6e/Symbol-hammer-and-sickle.svg/16px-Symbol-hammer-and-sickle.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/6e/Symbol-hammer-and-sickle.svg/24px-Symbol-hammer-and-sickle.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/6e/Symbol-hammer-and-sickle.svg/32px-Symbol-hammer-and-sickle.svg.png 2x" data-file-width="48" data-file-height="48" /></span></span> </span><a href="/wiki/Portal:Communism" title="Portal:Communism">Communism&#32;portal</a></li> <li><span class="nowrap"><span class="noviewer" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/cd/Socrates.png/10px-Socrates.png" decoding="async" width="10" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/cd/Socrates.png/15px-Socrates.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/cd/Socrates.png/21px-Socrates.png 2x" data-file-width="326" data-file-height="500" /></span></span> </span><a href="/wiki/Portal:Philosophy" title="Portal:Philosophy">Philosophy&#32;portal</a></li> <li><span class="nowrap"><span class="noviewer" typeof="mw:File"><a href="/wiki/File:Red_flag_II.svg" class="mw-file-description"><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/52/Red_flag_II.svg/16px-Red_flag_II.svg.png" decoding="async" width="16" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/52/Red_flag_II.svg/24px-Red_flag_II.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/52/Red_flag_II.svg/32px-Red_flag_II.svg.png 2x" data-file-width="466" data-file-height="411" /></a></span> </span><a href="/wiki/Portal:Socialism" title="Portal:Socialism">Socialism&#32;portal</a></li></ul></td></tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Marxism_sidebar" title="Template:Marxism sidebar"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Marxism_sidebar" title="Template talk:Marxism sidebar"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Marxism_sidebar" title="Special:EditPage/Template:Marxism sidebar"><abbr title="Edit this template">e</abbr></a></li></ul></div></td></tr></tbody></table> <p><b>Socially necessary labour time</b> in <a href="/wiki/Marx" class="mw-redirect" title="Marx">Marx</a>'s <a href="/wiki/Critique_of_political_economy" title="Critique of political economy">critique of political economy</a> is what regulates the <a href="/wiki/Exchange_value" title="Exchange value">exchange value</a> of <a href="/wiki/Commodities" class="mw-redirect" title="Commodities">commodities</a> in <a href="/wiki/Trade" title="Trade">trade</a>. In short, socially necessary labour time refers to the average quantity of labour time that must be performed under currently prevailing conditions to produce a commodity.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup> </p><p>Unlike individual labour hours in the classical <a href="/wiki/Labour_theory_of_value" class="mw-redirect" title="Labour theory of value">labour theory of value</a> formulated by <a href="/wiki/Adam_Smith" title="Adam Smith">Adam Smith</a> and <a href="/wiki/David_Ricardo" title="David Ricardo">David Ricardo</a>, Marx's exchange value is conceived as a proportion (or 'aliquot part') of society's labour-time. </p><p>Marx did not define this concept in computationally rigorous terms, allowing for flexibility in using it in specific instances to relate average levels of labour productivity to social needs manifesting themselves as monetarily effective market demand for commodities. </p><p>Mathematically <a href="/wiki/Transformation_problem" title="Transformation problem">formalizing the relationship between socially necessary labour and commodity value</a> is difficult, due to incessantly shifting social, physical or technical circumstances affecting the labour process. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Simplified_explanation_of_the_concept">Simplified explanation of the concept</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Socially_necessary_labour_time&amp;action=edit&amp;section=1" title="Edit section: Simplified explanation of the concept"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In a <a href="/wiki/Market_economy" title="Market economy">market economy</a>, labour expenditures producing outputs and the market demand for those outputs are constantly adjusting to each other. This is a complex process, in which enterprises operating at varying levels of <a href="/wiki/Productivity" title="Productivity">productivity</a> and <a href="/wiki/Unit_cost" title="Unit cost">unit-costs</a> compete with each other in responding to the expansion and contraction of total market demand for their output. In the third volume of <i><a href="/wiki/Das_Kapital" title="Das Kapital">Das Kapital</a></i>, Marx discusses how the market value (or "regulating price") of a commodity may be determined under different conditions of demand and productivity. </p><p>A given mass of new value is produced in a given time, but if and how this new value is realised in money terms and distributed as income and reinvestment is finally established only after products are sold at specific market prices. If the market for a <a href="/wiki/Commodity_(Marxism)" title="Commodity (Marxism)">commodity</a> is oversupplied, then labour-time has been expended in excess of what was socially necessary, and exchange value falls. If the market for a commodity is undersupplied, then the labour-time expended on its production has been less than what is socially necessary, and exchange value rises. </p><p>The simplest definition of <i>socially necessary labour time</i> is the amount of labour time performed by a worker of average skill and productivity, working with tools of the average productive potential, to produce a given commodity. This is an "average unit labour-cost", measured in working hours. </p><p>If the average productivity is that of a worker who produces a commodity in one hour, while a less skilled worker produces the same commodity in four hours, then in these four hours the less skilled worker will have only contributed one hour's worth of value in terms of <i>socially necessary labour time</i>. Each hour worked by the unskilled worker will only produce a quarter of the social value produced by the average worker. </p><p>But the production of any commodity generally requires both labour and some previously produced means of production (or capital goods), like tools and materials. The amount of labour so required is called the <i>direct</i> labour input into the commodity. Yet the required capital goods have in their turn been produced (in the past) by labour and other capital goods; and so on for these other capital goods, and so on. The sum of all the amounts of labour, that were direct inputs into this backwards-stretching series of capital goods produced in the past, is called the <i>indirect</i> labour input into the commodity. Putting together the direct and indirect labour inputs, one finally gets the total labour input into the commodity, which may also be called the total <i>embodied labour</i> in it, or its direct and indirect labour contents. </p><p>However, by "socially necessary labour" Marx refers specifically to the total labour-time which on average is <i>currently</i> required to produce an output. It is this current labour cost which determines the value of output. So in a developed market Marx's exchange value refers to the average quantity of living labour which must be performed under currently prevailing conditions to produce a commodity. These conditions are incessantly changing, both in relation to quality of labour, quality of machinery, quality of distribution, and volumes of labour, machinery, sales in the branch, so estimating 'current' requirements is very much an exercise in approximation and dependent on the scales involved. </p> <div class="mw-heading mw-heading2"><h2 id="Operation_of_the_law_of_value">Operation of the law of value</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Socially_necessary_labour_time&amp;action=edit&amp;section=2" title="Edit section: Operation of the law of value"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>If producers produce commodities below the socially average labour-cost, they obtain extra profit upon sale at the ruling market prices, and conversely those producing at above this cost make a proportionate loss. A constant incentive therefore exists to reduce labour-costs by increasing the productivity of the <a href="/wiki/Labour_force" class="mw-redirect" title="Labour force">labour force</a>. </p><p>This can be done through higher exploitation, economising on costs, and better equipment. The long-run effect is that it takes less and less labour-time to produce a commodity. Enterprises cannot usually do very much about reducing their fixed input costs, because these are rarely under their control. But they can always try to reduce their labour costs. </p><p>"Socially necessary labour" therefore refers to at least three economic relationships: </p> <ul><li>between the specific productivity of a producer and the average productivity in his branch;</li> <li>between the outputs of the branch of production and social needs manifested in monetarily effective demand; and</li> <li>between the output of a producer, and the output of the whole branch (that can be sold).</li></ul> <p>In other words, we have to distinguish between </p> <ul><li>labour time necessary for the production of a given amount of a commodity—this quantity defines the aggregate value of the output, arising from the nature of a commodity as a bearer of exchange-value;</li> <li>the quantity of labour time socially necessary to produce the appropriate amount of the product, i.e. the amount of a product which at the <a href="/wiki/Prices_of_production" title="Prices of production">production price</a> meets the effective demand for it—this quantity defines the correspondence between the total quantity of the commodity produced as <a href="/wiki/Use_value" title="Use value">use-values</a> and the effective <a href="/wiki/Demand" title="Demand">demand</a> for those use-values.</li></ul> <p>The former determines the unit value of commodities, hence their production price, and the latter determines the discrepancy between actual supply and effective demand, hence the discrepancy between market price and production price. </p> <div class="mw-heading mw-heading2"><h2 id="Marx_and_Ricardo">Marx and Ricardo</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Socially_necessary_labour_time&amp;action=edit&amp;section=3" title="Edit section: Marx and Ricardo"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Marxist value theory treats economic <a href="/wiki/Value_(economics)" title="Value (economics)">value</a>, i.e. exchange value, as an attribute of labour-products/commodities which exists by virtue of social <a href="/wiki/Relations_of_production" title="Relations of production">relations of production</a> in the capitalist mode of production. Thus, value is a purely social characteristic of commodities. The substance of the value of a commodity is a determinate quantity of social labour. </p><p>That is, the existence of exchange value presupposes <a href="/wiki/Social_relations" class="mw-redirect" title="Social relations">social relations</a> between people organised into a society. "Socially necessary labour time" encapsulates this essential "relatedness" of value—it is labour time assessed in relation to social needs, not merely labour time performed. </p><p>This distinction demarcates Marx from other political economists, but is often overlooked in accounts of Marx's value theory. Marx understood that the casual reader might mistakenly treat his category as interchangeable with its Ricardian predecessor, and in later editions and the <i>Afterword to the Second German Edition</i> implores readers to pay particular attention to the mediations between that old category and the one his own theory sought to establish. Marx's concept of value is not intended to be an <a href="/wiki/Equilibrium_price" class="mw-redirect" title="Equilibrium price">equilibrium price</a>. He does not assume market equilibrium, but aims to explain how the process of convergence between supply and demand practically occurs, that is, why supply and demand meet at a given price point when a sale is realised in a specific market.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Criticism">Criticism</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Socially_necessary_labour_time&amp;action=edit&amp;section=4" title="Edit section: Criticism"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Marx's interpretation of value from the perspective of society as whole proved elusive for many critics.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (March 2020)">citation needed</span></a></i>&#93;</sup> Marx tried to answer them in a letter: "the masses of products corresponding to different needs require different and quantitatively determined masses of the total labour of society...What can change in historically different circumstances is only the form in which these [economic] laws themselves. And the form in which this proportional distribution of labour asserts itself, in a state of society where the interconnection of social labour is manifested in the private exchange of the individual products of labour, is precisely the exchange value of these products."<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup> </p><p>Despite these comments, Marx has been criticised strongly for adding the "socially necessary" qualification to labour time by the <a href="/wiki/Libertarianism" title="Libertarianism">libertarian</a> philosopher <a href="/wiki/Robert_Nozick" title="Robert Nozick">Robert Nozick</a> in <i><a href="/wiki/Anarchy,_State,_and_Utopia" title="Anarchy, State, and Utopia">Anarchy, State, and Utopia</a></i>, for whom it is an unjustified 'bolt-on' aspect of Marx's theory. <sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">&#91;</span>4<span class="cite-bracket">&#93;</span></a></sup> </p><p>One debate in <a href="/wiki/Marxian_economics" title="Marxian economics">Marxian economics</a> concerns the question of whether the product-values formed and traded include both <i>direct</i> and <i>indirect</i> labour, or whether these product-values refer only to <i>current</i> average production costs (or the value of <i>current</i> average replacement costs). </p><p>Mirowski (1989) for example accuses Marx of vacillating between a field theory (labour-time <i>currently</i> socially necessary) and a substance theory of value (<i>embodied</i> labour-time). This kind of criticism is due to a confusion of the process of labour in general (adding use to a product, which under capitalism equates adding value to a commodity) with the task of quantifying the exchange value added.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (March 2020)">citation needed</span></a></i>&#93;</sup> The general process affixes labour time to a commodity, and providing the commodity functions as such the quantity of labour time is immaterial—an abstract unknown, so to speak—and can be expressed in many ways, e.g. "embodied in", "attached to", "associated with", etc. Quantifying the amount of labour time associated with commodities requires focus on the social, shifting character of socially necessary labour, and specifically recognition that the quantities are 'current' i.e. incessantly changing. Today's value is different from yesterday's and tomorrow's, and the amount of value can only be determined numerically on the basis of a given point in time at which values are realized simultaneously at specific prices.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (March 2020)">citation needed</span></a></i>&#93;</sup> </p><p>Thus Marx's theory is best interpreted as a field theory, but for the reasons just stated, modelling the determination of value by socially necessary labour time mathematically is a difficult exercise if not probably impossible.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (March 2020)">citation needed</span></a></i>&#93;</sup> </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Socially_necessary_labour_time&amp;action=edit&amp;section=5" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Critique_of_political_economy" title="Critique of political economy">Critique of political economy</a></li> <li><a href="/wiki/Labor-time_calculation" title="Labor-time calculation">Labour time calculation</a></li> <li><a href="/wiki/Moishe_Postone" title="Moishe Postone">Moishe Postone</a></li> <li><a href="/wiki/Surplus_labour" title="Surplus labour">Surplus labour</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="Note">Note</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Socially_necessary_labour_time&amp;action=edit&amp;section=6" title="Edit section: Note"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The concept of socially necessary labour time is discussed on the OPE-L list (Outline of Political Economy) <a rel="nofollow" class="external autonumber" href="http://ricardo.ecn.wfu.edu/~cottrell/OPE/archive/">[1]</a> </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Socially_necessary_labour_time&amp;action=edit&amp;section=7" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite id="CITEREFIndart1987" class="citation journal cs1">Indart, Gustavo (1987). <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/40402833">"Marx's Law of Market Value"</a>. <i>Science &amp; Society</i>. <b>51</b> (4): 458–467. <a href="/wiki/ISSN_(identifier)" class="mw-redirect" title="ISSN (identifier)">ISSN</a>&#160;<a rel="nofollow" class="external text" href="https://search.worldcat.org/issn/0036-8237">0036-8237</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a>&#160;<a rel="nofollow" class="external text" href="https://www.jstor.org/stable/40402833">40402833</a>. <q>In Capital, Volume I, Marx (1977a, 47) offers the following definition of socially necessary labour time: The labour-time socially necessary is that required to produce an article under the normal conditions of production, and with the average degree of skill and intensity prevalent at the time.</q></cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=Science+%26+Society&amp;rft.atitle=Marx%27s+Law+of+Market+Value&amp;rft.volume=51&amp;rft.issue=4&amp;rft.pages=458-467&amp;rft.date=1987&amp;rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F40402833%23id-name%3DJSTOR&amp;rft.issn=0036-8237&amp;rft.aulast=Indart&amp;rft.aufirst=Gustavo&amp;rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F40402833&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3ASocially+necessary+labour+time" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFMandelFreemanLangstonRicardo1984" class="citation book cs1">Mandel, Ernest; Freeman, Alan; Langston, Robert H.; Ricardo, David; Marx, Karl; Sraffa, Piero, eds. (1984). <i>Ricardo, Marx, Sraffa: the Langston memorial volume</i>. London: Verso Publ. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&#160;<a href="/wiki/Special:BookSources/978-0-86091-778-6" title="Special:BookSources/978-0-86091-778-6"><bdi>978-0-86091-778-6</bdi></a>. <q>The market price certainly fluctuates according to variations in supply and demand, but these variations take effect around an axis. This is why it can be said that the market price is only fixed by the market, while its determination depends on the quantity of socially necessary abstract labour-time. This latter constitutes the axis around which prices pivot.</q></cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=book&amp;rft.btitle=Ricardo%2C+Marx%2C+Sraffa%3A+the+Langston+memorial+volume&amp;rft.place=London&amp;rft.pub=Verso+Publ&amp;rft.date=1984&amp;rft.isbn=978-0-86091-778-6&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3ASocially+necessary+labour+time" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text">Marx, letter to Dr Kugelmann, July 11, 1868, in Marx/Engels Selected Correspondence, p.&#160;251-252</span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text">“Chapter 8: Equality, Envy, Exploitation, Etc.” <i>Anarchy, State, and Utopia</i>, by Robert Nozick, Basic Books, 2013, p. 258–260</span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="Further_reading">Further reading</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Socially_necessary_labour_time&amp;action=edit&amp;section=8" title="Edit section: Further reading"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Roman_Rosdolsky" title="Roman Rosdolsky">Roman Rosdolsky</a>, <i>The Making of Marx's Capital</i>. Pluto Press.</li> <li><a href="/wiki/Moishe_Postone" title="Moishe Postone">Moishe Postone</a>, <a rel="nofollow" class="external text" href="https://files.libcom.org/files/Moishe%20Postone%20-%20Time,%20Labor,%20and%20Social%20Domination.pdf">Time labour and social domination</a>, (1993)</li> <li>I.I. Rubin, <a rel="nofollow" class="external text" href="https://www.marxists.org/subject/economy/authors/rubin/index.htm"><i>Essays on Marx's theory of value.</i></a></li> <li>Harvey, D. 2008 <a rel="nofollow" class="external text" href="http://davidharvey.org">Reading Marx's Capital</a>, <a rel="nofollow" class="external text" href="http://davidharvey.org/2008/06/marxs-capital-class-01/">Reading Marx’s Capital - Class 1, Introduction</a> (video)</li> <li><a href="/wiki/Anwar_Shaikh_(Economist)" class="mw-redirect" title="Anwar Shaikh (Economist)">Anwar Shaikh</a>, <a rel="nofollow" class="external text" href="http://homepage.newschool.edu/~AShaikh/pal3.pdf"><i>Market value and Market Price</i></a></li> <li>W. <a href="/wiki/Paul_Cockshott" title="Paul Cockshott">Paul Cockshott</a> and Allin F. Cottrell, <a rel="nofollow" class="external text" href="https://web.archive.org/web/20060223113913/http://reality.gn.apc.org/econ/METRIC/metric.htm"><i>Value's Law, Value's Metric</i></a>, September 1994</li></ul> <ul><li>Makoto Itoh, <i>Value and Crisis; Essays on Marxian Economics in Japan</i>. Monthly Review Press.</li> <li>Abelardo Mariña-Flores, <a rel="nofollow" class="external text" href="http://www.gre.ac.uk/~fa03/iwgvt/files/9-marina.rtf"><i>Market price of Production: Articulation of Market Value and Production Price as a Way for a Structural Interpretation of Disequilibrium in the Framework of the Law of Labour-Value</i></a></li> <li>James Heartfield, <a rel="nofollow" class="external text" href="https://web.archive.org/web/20040914004758/http://www.heartfield.pwp.blueyonder.co.uk/economy.pdf"><i>The Economy of Time</i></a></li> <li>P. Mirowski, <i>More Heat than Light</i>. Cambridge: Cambridge University Press, 1989 <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&#160;<a href="/wiki/Special:BookSources/9780511559990" title="Special:BookSources/9780511559990">9780511559990</a>.</li> <li>Klaus Hagendorf, <a rel="nofollow" class="external text" href="http://eurodos.chez-alice.fr/docu/econ/hagendorf_labour_theory_of_value_42008.pdf">The Labour Theory of Value. A Historical-Logical Analysis</a> Paris: EURODOS Publication; 2008</li></ul> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1236075235">.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 0}.mw-parser-output .navbox .navbox{margin-top:0}.mw-parser-output .navbox+.navbox,.mw-parser-output .navbox+.navbox-styles+.navbox{margin-top:-1px}.mw-parser-output .navbox-inner,.mw-parser-output .navbox-subgroup{width:100%}.mw-parser-output .navbox-group,.mw-parser-output .navbox-title,.mw-parser-output .navbox-abovebelow{padding:0.25em 1em;line-height:1.5em;text-align:center}.mw-parser-output .navbox-group{white-space:nowrap;text-align:right}.mw-parser-output .navbox,.mw-parser-output .navbox-subgroup{background-color:#fdfdfd}.mw-parser-output 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Marx</a></li> <li><a href="/wiki/Thomas_Carlyle" title="Thomas Carlyle">Thomas Carlyle</a></li> <li><a href="/wiki/John_Ruskin" title="John Ruskin">John Ruskin</a></li> <li><a href="/wiki/Paul_Lafargue" title="Paul Lafargue">Paul Lafargue</a></li> <li><a href="/wiki/Erik_Johan_Stagnelius" title="Erik Johan Stagnelius">Erik Johan Stagnelius</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">20th–21st-century</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Jean_Baudrillard" title="Jean Baudrillard">Jean Baudrillard</a></li> <li><a href="/wiki/Guy_Debord" title="Guy Debord">Guy Debord</a></li> <li><a href="/wiki/Mahatma_Gandhi" title="Mahatma Gandhi">Mahatma Gandhi</a></li> <li><a href="/wiki/Andr%C3%A9_Gorz" title="André Gorz">André Gorz</a></li> <li><a href="/wiki/Moishe_Postone" title="Moishe Postone">Moishe Postone</a></li> <li><a href="/wiki/%C3%89tienne_Balibar" title="Étienne Balibar">Étienne Balibar</a></li> <li><a href="/wiki/Neue_Marx-Lekt%C3%BCre" title="Neue Marx-Lektüre">Neue Marx-Lektüre</a></li> <li><a href="/wiki/Helmut_Reichelt" title="Helmut Reichelt">Helmut Reichelt</a></li> <li><a href="/wiki/Hans-Georg_Backhaus" title="Hans-Georg Backhaus">Hans-Georg Backhaus</a></li> <li><a href="/wiki/Robert_Kurz_(philosopher)" class="mw-redirect" title="Robert Kurz (philosopher)">Robert Kurz</a></li> <li><a href="/wiki/Michael_Heinrich" title="Michael Heinrich">Michael Heinrich</a></li> <li><a href="/wiki/Mark_Fisher" title="Mark Fisher">Mark Fisher</a></li> <li><a href="/wiki/Roman_Rosdolsky" title="Roman Rosdolsky">Roman Rosdolsky</a></li> <li><a href="/wiki/Claus_Peter_Ortlieb" title="Claus Peter Ortlieb">Claus Peter Ortlieb</a></li> <li><a href="/wiki/Georges_Bataille" title="Georges Bataille">Georges Bataille</a></li> <li><a href="/wiki/Katrine_Mar%C3%A7al" title="Katrine Marçal">Katrine Marçal</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Concepts</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Abstract_labour_and_concrete_labour" title="Abstract labour and concrete labour">Abstract labour and concrete labour</a></li> <li><a href="/wiki/Capitalist_mode_of_production_(Marxist_theory)" title="Capitalist mode of production (Marxist theory)">Capitalist mode of production</a></li> <li><a href="/wiki/Commodity_(Marxism)" title="Commodity (Marxism)">Commodity</a></li> <li><a href="/wiki/Chrematistics" title="Chrematistics">Chrematistics</a></li> <li><a href="/wiki/Dismal_Science" class="mw-redirect" title="Dismal Science">Dismal Science</a></li> <li><a href="/wiki/Illth" title="Illth">Illth</a></li> <li><a href="/wiki/Law_of_value" title="Law of value">Law of value</a></li> <li><a class="mw-selflink selflink">Socially necessary labour time</a></li> <li><a href="/wiki/Valorisation" title="Valorisation">Valorisation</a></li> <li><a href="/wiki/Value-form" title="Value-form">Value-form</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Written works</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Unto_This_Last" title="Unto This Last">Unto This Last</a></li> <li><a href="/wiki/Sarvodaya" title="Sarvodaya">Sarvodaya</a></li> <li><a href="/wiki/The_Right_to_Be_Lazy" title="The Right to Be Lazy">The Right to Be Lazy</a></li> <li><a href="/wiki/Das_Kapital" title="Das Kapital">Das Kapital</a></li> <li><a href="/wiki/Grundrisse" title="Grundrisse">Grundrisse</a></li> <li><a href="/wiki/Economic_and_Philosophic_Manuscripts_of_1844" title="Economic and Philosophic Manuscripts of 1844">Economic and Philosophic Manuscripts of 1844</a></li> <li><a href="/wiki/The_Mirror_of_Production" title="The Mirror of Production">The Mirror of Production</a></li> <li><a href="/wiki/A_Contribution_to_the_Critique_of_Political_Economy" title="A Contribution to the Critique of Political Economy">A Contribution to the Critique of Political Economy</a></li> <li><a href="/wiki/Outlines_of_a_Critique_of_Political_Economy" title="Outlines of a Critique of Political Economy">Outlines of a Critique of Political Economy</a></li> <li><a href="/wiki/An_Introduction_to_the_Three_Volumes_of_Karl_Marx%27s_Capital" title="An Introduction to the Three Volumes of Karl Marx&#39;s Capital">An Introduction to the Three Volumes of Karl Marx's Capital</a></li> <li><a href="/wiki/Critique_of_Economic_Reason" title="Critique of Economic Reason">Critique of Economic Reason</a></li> <li><a href="/wiki/Discourse_on_Inequality" title="Discourse on Inequality">Discourse on Inequality</a></li> <li><a href="/wiki/The_Accursed_Share" title="The Accursed Share">The Accursed Share</a></li> <li><a href="/wiki/Who_Cooked_Adam_Smith%27s_Dinner%3F" title="Who Cooked Adam Smith&#39;s Dinner?">Who Cooked Adam Smith's Dinner?</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Related</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Assume_a_can_opener" title="Assume a can opener">Assume a can opener</a></li> <li><a href="/wiki/Classical_economics" title="Classical economics">Classical economics</a></li> <li><a href="/wiki/Chrematistics" title="Chrematistics">Chrematistics</a></li> <li><a href="/wiki/Criticism_of_capitalism" title="Criticism of capitalism">Criticism of capitalism</a></li> <li><a href="/wiki/Critique_of_work" title="Critique of work">Critique of work</a></li> <li><a href="/wiki/Economic_anthropology" title="Economic anthropology">Economic anthropology</a></li> <li><a href="/wiki/Economics" title="Economics">Economics</a></li> <li><a href="/wiki/Mainstream_economics" title="Mainstream economics">Mainstream economics</a></li> <li><a href="/wiki/Occam%27s_razor" title="Occam&#39;s razor">Occam's razor</a></li></ul> </div></td></tr></tbody></table></div> <!-- NewPP limit report Parsed by mw‐web.codfw.canary‐84779d6bf6‐mcz5d Cached time: 20241122154746 Cache expiry: 2592000 Reduced expiry: false Complications: [vary‐revision‐sha1, show‐toc] CPU time usage: 0.581 seconds Real time usage: 0.764 seconds Preprocessor visited node count: 2100/1000000 Post‐expand include size: 114165/2097152 bytes Template argument size: 7782/2097152 bytes Highest expansion depth: 14/100 Expensive parser function count: 6/500 Unstrip recursion depth: 1/20 Unstrip post‐expand size: 70199/5000000 bytes Lua time usage: 0.286/10.000 seconds Lua memory usage: 4866766/52428800 bytes Number of Wikibase entities loaded: 0/400 --> <!-- Transclusion expansion time report (%,ms,calls,template) 100.00% 580.767 1 -total 31.56% 183.273 2 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