ABSTRACT
This paper is an interpretation of Marx’s Theory of Value. Attention is called to the link which Marx has established between value and money, in capitalist economies, both in the sense of the genesis of money from commodities and value, and in the sense of the imposition of the law of value through monetary restriction. In the first part, value is defined as social representation of labor in capitalist economies. The second part analyses the imposition of the law of value to commodities through money. Finally, the third part analyses how the law of value imposes itself over money.
KEYWORDS:
Value theory; history of economic thought; Marx