Abstract

This article offers an overview of Marx’s textual legacy on the subject of the multiplied value-positing powers of skilled labour, and undertakes a critical reconstruction of the history of the subsequent controversies over the so-called ‘skilled-labour problem’. Critical examination of the different Marxist responses to the objections put forward by critics shows that they have failed to develop a solution that is consistent with the foundations of Marx’s value-theory. Thus, the article finally offers an alternative solution grounded in the Marxian analysis of the determinations of value as laid out in Capital.