Marx, the labour theory of value and the transformation problem

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Marx, the labour theory of value and the transformation problem

This article reconsiders what Marx says about the transformation problem in Chapter IX of Capital Volume III, in the light of Marx's claim, made in Capital Volume I, that the value of a commodity is determined by the socially necessary labour time that goes into its production. The article crit...

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Bibliographic Details
Main Author:	Burns, Tony
Format:	Article
Published:	SAGE Publications 2016
Subjects:	history of economic thought Marx political economy labour theory of value transformation problem
Online Access:	https://eprints.nottingham.ac.uk/34662/

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