From Production Prices To Reproduction Prices  

Oleh:

Carchedi, G. ; Haan, W. de

Jenis: Article from Journal - e-Journal
Dalam koleksi: Capital & Class vol. 19 no. 3 (Dec. 1995), page 83-106.
Fulltext: 83.pdf (164.24KB)

Isi artikel

This article argues that Marx’s transformation procedure has been turned into a nonexistent transformation ‘problem’ by abolishing time, i.e. by implicitly applying the methodology of neo-classical general equilibrium theory. It then depicts the real transformation process from individual into social values both when technological change is abstracted from and when it is explicitly taken into consideration. Finally the article ends with a critique of the thesis according to which value is created in the act of exchange.

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