On Marxian Theory of the Price of Production as a Transformed Form of Value

During his visit to Cambridge, Mass., in 1978, the author of the present article met with P. Samuelson and offered to furnish him with mathematical proof of the noncontradictoriness of Marx's theory of the price of production as the transformed form of value and thereby reply to an article by Samuelson. The author suggested that he would send the reply to Samuelson who, if he deemed it possible, would recommend it to an American journal for publication. This proposal stemmed from conceptions of norms governing relations among scholars for whom truth is of uppermost importance.