Labor Theory of Value

An in-depth look into the revolutionary economic theories of David Ricardo, a prominent classical economist known for his groundbreaking contributions such as the theory of comparative advantage, labor theory of value, and theory of rents.

Dive deep into the life, theories, and lasting impact of Karl Marx, a philosopher whose revolutionary ideas on capitalism, socialism, and communism continue to spark debate and inspire movements today.

Explore the foundational concept in economics known as the Labor Theory of Value, its principles, historical significance, and critiques. Understand how this theory influenced renowned economists and led to the evolution of modern economic thought.

Explore Marxian Economics and uncover the profound role that labor plays in economic growth and development, contrasting with classical economic theories and capitalism.