Q332
According to Marx, the source of value is
A.
Capital
B.
Land
C.
Labour
AnswerD.
None of the above
Answer: Option C
Solution
Answer: Option C
Solution:
The labor theory of value is a major pillar of traditional Marxian economics, which is evident in Marx's masterpiece, Capital (1867). Marx argued that the theory could explain the value of all commodities, including the commodity that workers sell to capitalists for a wage. Marx called this commodity “labor power.”