An explanatory graphic where values and relative prices, expressed in wage units, are represented at different rates of profit - in prices - is attached to the document "Connecting labour values and relative prices" (18017). It is shown that there is a specific rate calculated without reference...

We deal with three subjects, namely, the presence of more than one rate of profit in an economy due to the existence of rents (absolute and monopoly rents); the subordination of the prices and the rate of profit (in price terms) to the real profit or net product, measured in value terms; and the...

We support labour contents as an absolute and reliable measurement unit and as an accounting procedure that expresses the real costs and profits of the economic system. As far as the labour capacity of expressing real social costs and profits is concerned, we highlight the inaccuracy in the...

A rate of profit, expressed in labour magnitudes, that allows matching total plus value with total profits is determined. The relative prices, expressed in wage units, associated with this rate ensure that total profits are equal to the difference between the sum of relative prices and the sum...

A rate of profit, expressed in labour magnitudes, that allows matching total plus value with total profits is determined. The relative prices, expressed in wage units, associated with this rate ensure that total profits are equal to the difference between the sum of relative prices and the sum...

We support labour contents as an absolute and reliable measurement unit and as an accounting procedure that expresses the real costs and profits of the economic system. As far as the labour capacity of expressing real social costs and profits is concerned, we highlight the inaccuracy in the...

An explanatory graphic where values and relative prices, expressed in wage units, are represented at different rates of profit - in prices - is attached to the document "Connecting labour values and relative prices" (18017). It is shown that there is a specific rate calculated without reference...

We support labour contents as an absolute and reliable measurement unit and as an accounting procedure that expresses the real costs and profits of the economic system. As far as this measurement capacity of labour is concerned, we try to demonstrate, that, from a theoretical point of view, the...

Slightly changing Karl Marx procedure to calculate his production prices by keeping surplus value in the price cost of commodities, allows us to envisage a labour values system as a production prices system. The current industry rates of profit, in labour terms, are used in the calculation of...

We deal with three subjects, namely, the presence of more than one rate of profit in an economy due to the existence of rents (absolute and monopoly rents); the subordination of the prices and the rate of profit (in price terms) to the real profit or net product, measured in value terms; and the...