Erkenntnis 30 (1-2):147 - 164 (1989)

Marx develops his economic theory in Capital in a rather peculiar way. This paper focuses on some of these peculiarities, especially his attempt to base his account of prices and derivative entities (profit, rate of profit, etc.) on the labour theory of value. Although he may be said to have failed in this, there is still some kind of Marxist theory of prices possible. This is due to both, the so-called fundamental theorem (linking profit and surplus-value) and the possibility, shown by Sraffa and others, to determine prices from the physical parameters of production. By adding on an earlier paper of mine, in which the surplus-value theory has been reconstructed within the structuralistic framework, this paper sketches such a reconstruction for the basic parts of a full-blown Marxist economic theory of capitalistic production.
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DOI 10.1007/BF00184820
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References found in this work BETA

Making Sense of Marx.Jon Elster - 1985 - Cambridge University Press.
Karl Marx's Theory of History: A Defence.G. A. COHEN - 1978 - Tijdschrift Voor Filosofie 43 (2):389-390.
Making Sense of Marx.J. Elster - 1988 - Tijdschrift Voor Filosofie 50 (4):718-719.
Karl Marx's Theory of History: A Defence.G. A. COHEN - 1978 - Philosophy 55 (213):416-418.
Marx After Sraffa.Ian Steedman - 1979 - Science and Society 43 (1):95-99.

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