A Defense of the Labor Theory of Value: A Response to the Criticisms of Juan R. Rallo

This article presents a defense of Karl Marx's labor theory of value (LTV) against the criticisms formulated by Juan R. Rallo in his work Anti-Marx. It is argued that Rallo's refutation, while articulate, is based on a methodological error in treating Marx's dialectical-genealogical argument as a syllogism of formal logic. Each of Rallo's objections is analyzed, citing it textually, and then refuted point by point. It is demonstrated that the "six practical problems" he exposes are either misunderstandings of the theory, limits that Marx himself acknowledged, or technical problems solved by modern literature. The analysis is supported by Marx's texts, the theoretical solutions of the Temporal Single-System Interpretation (TSSI), and empirical evidence that demonstrates the strong correlation between labor-values and market prices.