According to Karl Marx:
A) the surplus value that belongs to capitalists is stolen by workers.
B) political forces are the prime cause of fundamental historical change.
C) entrepreneurs will eventually rise and overthrow the capitalistic system.
D) the value of any commodity is determined by the amount of labor time used in its production.

Question

Quizplus · Accepted Answer

According to Marx's labor theory of value, the value of a commodity is determined by the amount of labor time used in its production. This theory asserts that the value in any item is defined by the physical and mental labor invested in it.