Munich Personal RePEc Archive

Value and Marx: why it matters

Freeman, Alan (2002): Value and Marx: why it matters. Published in: Proteo No. 2001-2 (2002): pp. 52-61.

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Abstract

This is the English version of ‘Valore e Marx: Perche sono importanti’ which appeared in Vasopollo, L (2002) (ed) ‘Un Vecchio Falso Problema: La Transformazione dei valori in prezzi nel Capital di Marx’, Roma: Laboratoria per la critica sociale.

It was presented at the May 2002 conference organised by the Laboratorio per la critica sociale in Rome.

It summarises the debate to this point on the temporal and simultaneous approaches to value and on the alleged inconsistencies in Marx’s approach.

Keywords: TSSI, MELT, value, Marx, price, profit rate, Okishio, non-equilibrium, equilibrium, money, sraffa

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