Development ISSN 2222-1700 (Paper) ISSN 2222-2855 (Online) Vol.3, No.5, 2012 www.iiste.org An Analysis of Karl Marx’s Theory of Value on the Contemporary Capitalist Economy Anthony Imoisi Ilegbinosa School of Graduate Studies, University of Port Harcourt, P.M.B 5323, Rivers State, Nigeria * Email of the corresponding author – mcanthonyby@yahoo.co.uk Abstract The paper examines Karl Marx’s theory of value and its implications on the contemporary capitalist economy. By doing this, the paper…
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