• Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Socialism, Markets, and the Critique of Money: The Theory of "Labor Notes"

Socialism, Markets, and the Critique of Money: The Theory of "Labor Notes"

Hardcover

Series: Marx, Engels, and Marxisms

General Political ScienceGeneral Sociology

ISBN10: 3030789837
ISBN13: 9783030789831
Publisher: Palgrave Macmillan
Published: Sep 21 2021
Pages: 278
Weight: 1.11
Height: 0.69 Width: 5.83 Depth: 8.27
Language: English

This book provides a comprehensive overview of historical and international debates on the theory of labor money or labor notes. These debates exist in a triangular context of market socialism, communism (community-based socialism), and local currency, joining numerous socialists, anarchists, and Marx and Engels. Labor note theory encompasses theoretical, ideological, and practical doctrines aimed at designing a fair and desirable labor-based market or non-market economy by reforming the monetary and credit system. This theory was considered an unfeasible utopian idea in the context of orthodox Marxism, which is typically based on a historical study of surplus value doctrines. However, this book eschews Marx's critique of labor money that limits the debate regarding a concrete alternative society, and instead proposes practical and gradual approaches to social reform by scrutinizing the primary sources of labor money theories and practical experiences and reconstructs their theoretical relationships.

Also in

General Political Science