Ingo Stützle

(https://stuetzle.cc/) is managing editor of PROKLA – journal for critical social science. His books available in English include (with Stephan Kaufmann) Thomas Piketty’s Capital in the Twenty-First Century: An Introduction, and (with Valeria Bruschi, Antonella Muzzupappa, Sabine Nuss, and Anne Steckner) PolyluxMarx: A Capital Workbook in Slides.

How Unscientific is the Labor Theory of Value?

How Unscientific is the Labor Theory of Value?

Money is the only tangible form of value (the objective form of money also marks a difference from physics, in which concepts do not take on objective form); through money, “the individual carries his social power, as well as his bond with society, in his pocket.”