Defending the Labor Theory of Value

The labor theory of value is one of Marxism’s most contested ideas. Both critics and supporters of socialism have labeled it inconsistent and outdated. In an interview with Jacobin, economist Duncan Foley offers a full-throated defense.

Subscribe

Jacobin is a leading voice of the American left, offering socialist perspectives on politics, economics, and culture.

$29.95
1 Year / 4 Issues
Digital Subscription
$39.95
1 Year / 4 Issues
Print + Digital Subscription

Born in the seventeenth century, our faith in progress is now at death’s door. Sociologist Göran Therborn traces the idea’s history — and argues that it must be revived.

The Shared Logic of Censorship

Whether from religious conservatives or progressive educators, today’s book bans share a common moral claim: some texts are too harmful to circulate. But when ideologies compete to control knowledge, the pluralism and inquiry democracy needs begin to erode.

The Norwegian Route Out of Tradwife Hell

America is witnessing a dramatic reinvestment in traditional gender roles. The way out of this situation isn’t through culture war discourse — it’s through pro-worker, gender-egalitarian social policy, like Norway’s paternity leave system.

Portrait of the Trader as a Young Rebel

Gary Stevenson’s story of trading floor excess and moral turnaround is one of personality-driven critique, tailor-made for the British media’s idea of dissent. Just don’t ask too many questions about Citibank — or capitalism.

Subscribe

Jacobin is a leading voice of the American left, offering socialist perspectives on politics, economics, and culture.

$29.95
1 Year / 4 Issues
Digital Subscription
$39.95
1 Year / 4 Issues
Print + Digital Subscription