This is a highlight from the panel Value and Labor, part of The Discipline Series, that took place on February 4, 2013. Many economists and philosophers, ranging from Aquinas and Ibn Khaldun to Adam Smith and Marx, have declared deep connections between value and labor. Is there such a connection? And if so, what form does it take? Two of the most prominent economists on the Left—Prabhat Patnaik and John Roemer--responded to these questions and their relevance to the global political economy today.

This event was made possible through the generous support of the Andrew W. Mellon Foundation.