[OPE-L:4012] Re: Re: Re: TheTransformation Non-Problem and the Non-Transformation Problem

From: Paul Zarembka (zarembka@ACSU.BUFFALO.EDU)
Date: Sun Oct 08 2000 - 11:18:13 EDT


The "price" of a five-year-old tractor as a means of production today
would be what price?  Assume the current dollar price is $50,000 and the
dollar price for exact the same piece of equipment was $45,000 five years
ago and that there has been a 10% productivity improvement in the process
of making tractors.

Paul Z.

******************** http://ourworld.compuserve.com/homepages/PZarembka

Tsoulfidis Lefteris <lefteris@uom.gr> said, on 10/08/00:

>Andrew_Kliman wrote:

>> In OPE-L 3968, Rakesh wrote:
>> "Marx admits that the inputs have to be transformed into prices of
>> production. He does not say that they have to be transformed into the
>> SAME prices of production as the outputs."
>> Excellent point!
>> Do any of the proponents of simultaneism out there have any evidence
>> to dispute this?

>The above proposition ( that is approved by Kliman) I find it highly
>problematic, to say the least, because it implies two systems of prices
>of production one for inputs and another one for outputs and as a result
>two average rates of profit. This cannot be true because it contradicts
>the nature of capitalism, where there is a tendential equalization of the
>profit rate. Furthermore, what is an input and what is an output is also
>problematic because inputs are outputs and outputs are inputs at the same
>time i.e. there is a single market for both inputs and outputs when the
>economy is viewed as a totality. So either we have a single system of
>prices of production or we simply do not have prices of production at
>all. We just have prices without the equalization of the profit rate
>which can be called whatever but prices of production.

>Lefteris Tsoulfidis

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