[Marxism] 'What to do with the Labor Theory of Value'

Daniel Rocha danieldiniz at gmail.com
Sun May 12 12:10:27 MDT 2013

It does talk about market prices, but as an hypothesis to be confirmed.
There is not much to talk without that.

2013/5/12 Shane Mage <shmage at pipeline.com>

> Not even then (the typical price is administered and results from
> monopolistic competition).
> But the macroeconomic analysis, and consequently the whole Marxian "crisis
> theory," of vol. 3 abstracts from issues of imperfect competition and
> therefore works with the political economy's classical theory of price.
> Hence the perception of a "transformation problem."
Daniel Rocha - RJ
danieldiniz at gmail.com

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