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Historical materialism and the economics of Karl Marx

Note 14 — Chapter III · CONCERNING THE INTERPRETATION AND CRITICISM OF SOME CONCEPTS OF MARXISMToC

Christabel M. (Christabel Margaret) Meredith translation

I leave out those who regard the law of labour-value as the general law of value. The refutation is obvious. How could it ever be 'general' when it leaves out of account a whole category of economic goods, that is the goods which cannot be increased by labour?

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