Nonstandard labour values
The paper argues that the standard definition of labour value assumes that capitalists abstain from consumption during the period of replacement. The non standard definition of labour value assumes that capitalists consume. Both the transformation problem and the problem of an invariable measure of values are necessary consequences of standard labour values. In constrast, non standard labour values resolve both classical contradictions.
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||Nov 2007|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.open.ac.uk/socialsciences/about-the-faculty/departments/economics/research/discussion-papers.php
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:opn:wpaper:69. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (IT team member)
If references are entirely missing, you can add them using this form.