Abstract
This article addresses the process of production of labour power with a view to re-examining Marx’s stance on the determination of the value of this ‘peculiar commodity’. In order to do so, the article critically reviews the main contributions which have called into question the Marxian analysis. It also offers an alternative argument that develops additional grounds for Marx’s explanation of the determination of the value of labour power by the socially necessary labour time required for its production. Lastly, the implications of this new perspective are illustrated through a discussion of the issues raised by the Marxist debate on domestic labour.
Keywords:
Marx; Domestic labour; Labour power; Value theory