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Jenseits des Transformationsproblems. Vorläufiges Resümee einer Diskussion zum werttheoretischen Ansatz von F. Helmedag
[Beyond the transformation problem. Preliminary result of a discussion about the approach of F. Helmedag in the framework of the labour theory of value]

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Author Info

  • Quaas, Friedrun
  • Quaas, Georg

Abstract

Recently, F. Helmedag has made an attempt to revive the labour theory of value by trying to demonstrate the superiority of a theoretical model of the economy that uses values instead of prices of production in their traditional or in their modern form, that is Bortkiewicz- or Sraffa-prices. This theoretical effort has been vehemently criticised by Neoricardians. In the present article, the authors reconstruct the main points of the actual discussion by a critical analysis of the more objective arguments. These are centred on the theoretical method and the real determinants for a decision between different price-systems. Specific influence factors like the choice of technique and the methods of financing play a crucial role in the discussion of a realistic rationale for the surplus-distribution among different sectors of the economy. It turns out that neither the made attempt nor its criticism is theoretically elaborated and valid enough to decide the main question: which of the discussed theories does better fit to the empirical data?

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File URL: http://mpra.ub.uni-muenchen.de/20529/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 20529.

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Date of creation: 1996
Date of revision:
Handle: RePEc:pra:mprapa:20529

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Related research

Keywords: transformation problem of values into production prices; labour value theory; Bortkiewic-prices; Sraffa-prices; choice of technique;

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  1. Quaas, Friedrun, 1991. "Wolfgang Mühlpfordt - ein Vorgänger von Bortkiewicz? Zu den theoretischen Quellen des sogenannten Transformationsproblems
    [Wolfgang Mühlpfordt as an predecessor of Bortkiewicz. Concerning the th
    ," MPRA Paper 20348, University Library of Munich, Germany.
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