The transformation non-problem and the non-transformation problem
- 1 June 1988
- journal article
- research article
- Published by SAGE Publications in Capital & Class
- Vol. 12 (2) , 56-84
- https://doi.org/10.1177/030981688803500106
Abstract
Most criticisms of Marx's attempt to solve the transformation problem focus on his failure to separate value and price calculations. It is argued here that there is nothing wrong with Marx's approach once it is construed as an exercise in dialectics rather than some attempt to map mathematically values on to prices. Consequently, much of the debate over values and the transformation of values has been wrongly directed at matters of mathematical technique when the real issue concerns one of method.Keywords
This publication has 3 references indexed in Scilit:
- The Value of Money the Value of Labor Power and the Marxian Transformation ProblemReview of Radical Political Economics, 1982
- Neo-Ricardian EconomicsReview of Radical Political Economics, 1982
- Values and Prices: A Solution of the So-called Transformation ProblemThe Economic Journal, 1948