Question

Different between Ricardian and Marxian theory of value​

Answer 1

ᴅɪғғᴇʀᴇɴᴄᴇ-:

For the most part, Karl Marx worked within the framework of David Ricardo's labor theory of value. The two most important differences were Marx's emphasis on fixed capital and his use of the labor theory of value to identify the source of profit.So profit doesn't come from machines or raw materials.

Answer 2

Answer:

For the most part, Karl Marx worked within the framework of David Ricardo's labor theory of value. The two most important difference were Marx emphasis on fixed capital and his use of the labor theory of value to identify the source of profit...So profit doesn't come from the machines or raw materials.

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