A “Nova Solução” do Problema da Transformação de Valores em Preços e o Marxismo

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) although its algebraic system has a solution only when money is a commodity, it rejects the concept of commodity-money; (ii) it confuses the substance of value with the value-form; (iii) it suppresses the bases of the capital theory; (iv) it rejects the universality of the labor-value theory; (v) it breaks with the Marxian method; (vi) it implies that prices are determined previously and independent from values; and (vii) it does not give a sound foundation for the invariance of the value added.