Money, Form and Determination of Value

  • Carlo Benetti
  • Jean Cartelier


The concept of form of value is certainly one of Marx’s outstanding contributions. A short discussion of the difficulties of the contemporary monetary theory in its most developed version (the neoclassical one) will show that this concept is the necessary starting point (or the rational basis) for monetary theory, hence for price theory, whatever the choice of a particular value theory.


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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1998

Authors and Affiliations

  • Carlo Benetti
  • Jean Cartelier

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