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This article presents a critique of the solution of the Temporal Single System Marxism (TSS) for the problem of transforming values into prices, which establishes that values and prices are simultaneously determined in a sucession of periods of production and circulation; the value transferred...
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This article analyses the “new solution” for the transformation problem, which redefines the concepts of money and variable capital and assumes that the value added remains invariable through the transformation process. It argues that the “new solution” can not be accepted because: (i)...
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This article analyses the so-called "new solution" for the problem of transforming values into prices, which is based on the redefinition of the Marxian concepts of money and variable capital as well as on the assumption that the total value added should remain the same through the...
Persistent link: https://www.econbiz.de/10004968604