Opportunities for the use of the labor theory of value in a post-industrial society
Abstract and keywords
Abstract (English):
The article defines the prospects for considering the labor theory of value as an actual direction that can influence the further development of economic theory and, in particular, the theory of information markets. The ideas of K. Marx, repeatedly criticized, still remain the subject of heated debate and discussion in the scientific community. Against the background of the separation of the quaternary sector of the economy, in the period of global transformation of society, the labor theory of value acquires a new understanding in determining the value of services and other intangible assets (benefits), including information products. To use the theory of labor value, systematized by K. Marx, in modern conditions, it is necessary to make a number of assumptions related to the recognition of activities for the production of intangible benefits (services, intangible assets, etc.) as productive labor. Based on this assumption, the authors attempted to determine the change in the value of the created intangible good by the amount of labor that caused this change in the framework of the labor theory of value. The cost of labor in this case will be determined empirically on the basis of intellectual capital, qualification characteristics of personnel, work experience, etc. Also, one of the significant factors in assessing the cost of labor in some cases can be considered the cost of information in the market. The purpose of the study is to determine the possibility of using the labor theory of value as an element of the theory of surplus value in determining the value of produced material goods, taking into account current trends in the economy - primarily in determining the value of an information product, which today is the main object in the market circulation, as well as determine the impact of institutional factors on the production of intangible goods.

Keywords:
labor theory of value; Marxism; political economy; theory of surplus value; information product; intangible benefits
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