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About The Book
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<p>In this book Ernesto Screpanti provides a rigorous examination of Marx&rsquo;s theory of exploitation one of the cornerstones of Marxist thought. With precision and clarity he identifies the holes in traditional readings of Marx&rsquo;s theory before advancing his own original interpretation drawing on contemporary philosophy and economic theory to provide a refreshingly interdisciplinary exegesis.</p><p>Screpanti&rsquo;s arguments are delivered with perspicuity and verve: this is a book that aims to spark a debate. He exposes ambiguities present in Marx&rsquo;s exposition of his own theory especially when dealing with the employment contract and the notions of &lsquo;abstract labor&rsquo; and &lsquo;labor value&rsquo; and he argues that these ambiguities have given rise to misunderstandings in previous analyses of Marx&rsquo;s theory of exploitation. Screpanti&rsquo;s own interpretation is a meticulously argued counterpoint to these traditional interpretations.</p><p><em>Labour and Value</em> is a significant contribution to the theory of economics particularly Marxist economics. It will also be of great interest to scholars in other disciplines including sociology&nbsp; political science and moral and political philosophy. Screpanti&rsquo;s clear and engaging writing style will attract the interested general reader as well as the academic theorist.</p>