A profit rate invariant solution to the Marxian Transformation Problem - This solution is based on a new invariance postulate (the equilibrium profit rate invariance) which leads to Marx's total cost invariance, total profit (or surplus) invariance and total gross value invariance. Prices differ from labour values but the interdependence is maintained.
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2004
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| Authors: | Loranger, Jean-Guy |
| Published in: |
Capital & class : CC. - London [u.a.] : Sage Publ, ISSN 0309-8168, ZDB-ID 7512314. - 2004, 82, p. 23-58
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