[OPE-L:4014] Re: Re: Re: Re: TheTransformation Non-Problem and the Non-Transformation Problem

From: Tsoulfidis Lefteris (lefteris@uom.gr)
Date: Sun Oct 08 2000 - 12:30:56 EDT


I really do not understand. Why do you think that your question is relevant to

the TP? We are dealing with the current production of commodities, and there
a single market for commodities. A commodity that was produced in the past
with a different technology cannot be the same with a commodity that is
currently produced. Please be explicit and direct if you answer my note.

Lefteris Tsoulfidis

Paul Zarembka wrote:

> Lefteris:
> 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.
> ***********************************************************************
> Paul Zarembka, editor, RESEARCH IN POLITICAL ECONOMY at
> ******************** 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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