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What is Marx

Handbook of Research on Knowledge-Intensive Organizations
One of the most important political economists who analysed the workings of the commodity form in capitalism.
Published in Chapter:
The 'Value' of Knowledge: Reappraising Labour in the Post-Industrial Economy
Steffen Boehm (University of Essex, UK) and Chris Land (University of Essex, UK)
Copyright: © 2009 |Pages: 16
DOI: 10.4018/978-1-60566-176-6.ch029
Knowledge is implicitly assumed to form an increasingly important, or even the dominant source of values for today’s knowledge based organizations. It is rare, however, to encounter writings questioning what is ‘value’, enquiring into its provenance, or examining its distribution amongst organization’s stakeholders. This chapter asks these very questions, focusing on Marx’s (1976) formulation of value theory. Divided into four parts, it begins by giving a basic overview of the labour theory of value, as developed by Marx in mid 19th century, industrialised England. The second part examines Roy Jacques’ (2000) critique of Marx, his rejection of the adequacy of ‘labour’ as a concept for analysing contemporary value production, and his call for a ‘knowledge theory of value’. The third section focuses on labour process theorist Paul Thompson (2005) and his challenge to the idea that labour and knowledge are fundamentally different. The fourth part extends this concern with ‘other’ forms of contemporary labour to a more global level by examining De Angelis’ (2006) and Retort’s (2005) suggestion that the global economy today is driven by acts of enclosure and ‘primitive accumulation.’
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More Results
Transformative Learning
Karl Heinrich Marx (1818 AU7: The in-text citation "Karl Heinrich Marx (1818" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. - 1883 AU8: The in-text citation "Heinrich Marx (1883" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ) was a German philosopher, political economist, and revolutionary. Marx addressed a wide range of issues; he is most famous for his analysis of history, summed up in the opening line of the introduction to the Communist Manifesto: “The history of all hitherto existing society is the history of class struggles.” Marx believed that the downfall of capitalism was inevitable, and that it would be replaced by communism. Marx has a big following in communist countries such as the former Soviet Union, China, Cuba, North Korea, and Vietnam. As most countries have turned a market economy, his influence has dwindled to a certain extent. As a scholar, Marx has influenced learners. His socialism has inspired Jack Mezirow who successfully advanced the theory of transformative learning.
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