Abstract

This paper explores the question: does unfree labour produce value? The paper does not answer the question. Rather, it contends that, no matter how Marxists answer the question, they end up either (1) relinquishing the view that labour is the only source of value or (2) appealing to an apparently bogus distinction in order to hang on to the view. Both of these alternatives will be unacceptable to the orthodox Marxian economist. For the choice is between jettisoning the labour theory of value and thus giving up on Marxian orthodoxy, or else frankly conceding that one’s orthodoxy is baseless and dogmatic.