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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?



Item Type: MPRA Paper -

Original Title: Jenseits des Transformationsproblems. Vorläufiges Resümee einer Diskussion zum werttheoretischen Ansatz von F. Helmedag-

English Title: Beyond the transformation problem. Preliminary result of a discussion about the approach of F. Helmedag in the framework of the labour theory of value-

Language: German-

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

Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B1 - History of Economic Thought through 1925 > B16 - Quantitative and MathematicalB - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B22 - MacroeconomicsE - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E11 - Marxian ; Sraffian ; Kaleckian-





Autor: Quaas, Friedrun

Fuente: https://mpra.ub.uni-muenchen.de/20529/







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