The child everyone has inside: anthropology and the labor theory of value

Abstract

This paper revisits the debate on the relevance of the labor theory of value for the anthropological task. It argues that the labor theory of value can creatively inform and reformulate in critical ways a variety of social issues addressed through anthropological lenses. The argument is sustained by two main exercises: first, a critical overview of the foundations of the labor theory of value outlines the reasons why it opened new grounds for anthropological and, more generally, for social-scientific enquiries. Second, a discussion of the key points of friction between scholarship that attempts to develop an “anthropological” theory of value as an end in itself and anthropological scholarship that resorts to the (labor) theory of value to critically inform research.