Reply to Commentators on Labor Theory of Property

My paper on marginal productivity theory and the labor theory of property in the on-line journal Economic Thought drew commentaries for Jamie Morgan and Ted Burczak. After some back and forth on the journal’s discussion forum, this Reply to Commentators paper was published as an article in the journal. Since Morgan and Burczak raised many questions, e.g., about the income and wealth distributions and power relations, that are sure to occur to other readers, I tried to address their concerns in this reply.

Click here to down the paper.