Title: Marxian epistemology and the transformation problem
Abstract:A discussion and statement of Marx's solution to the problem of deriving prices from embodied labour values, i.e. the transformation problem. A critique of the inconsistencies inherent in Marx's solut...A discussion and statement of Marx's solution to the problem of deriving prices from embodied labour values, i.e. the transformation problem. A critique of the inconsistencies inherent in Marx's solution, and a citation of some of Marx's own doubts about the adequacy of his solution. A consideration of Bortkiewicz's solution and certain objections to it. Presentation of a modified Bortkiewicz-type solution. Extension of the problem from formal economics to epistemology. Discussion of the epistemological status of such concepts as value, price of production, and the general rate of profit. An interpretation of Marx's epistemology and its relation to the transformation problem. Discussion of the labour theory of value in the light of the previous results.Read More
Publication Year: 1974
Publication Date: 1974-11-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 14
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