The limits of monetary approaches to the theory of value

The theory of value aims to explain the way prices function as a coordination mechanism market societies. A coherent approach must be monetary and, in addition, it analyze dynamics economy disaggregated manner, considering interdependent relations between different individual economic activities. Here, we review main models theories value, both neoclassical and classical-Marxian. We their scope limits conclude by highlighting dilemma they face results’ generality specificity.