Adam Smith och den problematiska värdeteorin
(2005)Department of Economic History
- Abstract
- Adam Smith’s economic theory is often subject to criticism, in which it is claimed to be inherently inconsistent. Recently, criticism from well-known scholars has arisen claiming Smith should be characterized a labor value theorist anticipating Karl Marx. This study seeks to analyze whether such criticism is legitimate. Firstly, the economic theory of Smith is discussed in terms of consistency, and secondly, a number of typical and main points of the critique, from the most influential of his contemporary critics, are lifted up and analyzed. The study concludes that Smith’s economic theory should be considered consistent, stressing the fact that he did not initially formulate a generally applicable theory. Also, the criticism seems... (More)
- Adam Smith’s economic theory is often subject to criticism, in which it is claimed to be inherently inconsistent. Recently, criticism from well-known scholars has arisen claiming Smith should be characterized a labor value theorist anticipating Karl Marx. This study seeks to analyze whether such criticism is legitimate. Firstly, the economic theory of Smith is discussed in terms of consistency, and secondly, a number of typical and main points of the critique, from the most influential of his contemporary critics, are lifted up and analyzed. The study concludes that Smith’s economic theory should be considered consistent, stressing the fact that he did not initially formulate a generally applicable theory. Also, the criticism seems inconsistent and misplaced. It fails to show that the value theory of Smith is a labor theory of value. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1338413
- author
- Andersson, Susanne
- supervisor
- organization
- year
- 2005
- type
- M2 - Bachelor Degree
- subject
- keywords
- Värdeteori, produktionskostnad, priskomponenter, arbetsvärde, Social and economic history, Ekonomisk och social historia
- language
- Swedish
- id
- 1338413
- date added to LUP
- 2005-05-24 00:00:00
- date last changed
- 2010-08-03 10:51:50
@misc{1338413,
abstract = {{Adam Smith’s economic theory is often subject to criticism, in which it is claimed to be inherently inconsistent. Recently, criticism from well-known scholars has arisen claiming Smith should be characterized a labor value theorist anticipating Karl Marx. This study seeks to analyze whether such criticism is legitimate. Firstly, the economic theory of Smith is discussed in terms of consistency, and secondly, a number of typical and main points of the critique, from the most influential of his contemporary critics, are lifted up and analyzed. The study concludes that Smith’s economic theory should be considered consistent, stressing the fact that he did not initially formulate a generally applicable theory. Also, the criticism seems inconsistent and misplaced. It fails to show that the value theory of Smith is a labor theory of value.}},
author = {{Andersson, Susanne}},
language = {{swe}},
note = {{Student Paper}},
title = {{Adam Smith och den problematiska värdeteorin}},
year = {{2005}},
}