An Alternative Reading of the Transformation of Values into Prices of Production

1997 ◽  
Vol 21 (3) ◽  
pp. 115-136 ◽  
Author(s):  
Alfredo Saad-Filho

This article analyses the transformation of values into prices of production from the point of view of differences in the organic composition of capital. Marx's transformation has two stages. In the first, the value of the means of production used up is irrelevant; in the second, the economy is analysed at the level of price. The transformation helps to explain the distribution of labour and surplus value across the economy, and substantiates the claim that value is produced by labour alone. However, it does not allow the vector of prices of production to be calculated.

2019 ◽  
Vol 49 (1) ◽  
pp. 163-203
Author(s):  
Nuno Miguel Cardoso Machado

Abstract Marx's theory of crisis is usually associated with the law of the tendential fall in the rate of profit presented in volume three of Capital. According to Marx, the rising organic composition of capital - the fact that variable capital grows in absolute terms, but falls relatively because of the faster growth of constant capital - results in the fall of the general rate of profit, which undermines the reproduction of capital. In this article I will argue that: i) there is a "first version" of Marx's theory of crisis, outlined especially in the Grundrisse, which ascribes the secular crisis of the capitalist economy to the absolute decline of living labour and, therefore, to the falling mass of socially produced surplus-value; ii) only this "first version" of the theory of crisis allows the absolute internal limit of capital to be deduced consistently.


Capital ◽  
2008 ◽  
Author(s):  
Karl Marx

The organic composition of capital depends at any given time on two circumstances: first, on the technical relation of labour-power employed to the mass of the means of production employed; secondly, on the price of these means of production. This composition, as we have...


2019 ◽  
pp. 15-35
Author(s):  
David Harvey

David Harvey apresenta uma crítica à importância dada à lei da queda tendencial da taxa de lucro, sugerindo que Marx derivou a “lei” de pressupostos “draconianos” e que Engels foi bem mais entusiasta dela do que Marx, que nunca voltou adiante à teoria apesar de sua evidente incompletude. Portanto, ele argumenta, não deveríamos levar suas conclusões teóricas muito longe. Em sua visão, Marx concebeu as crises como erupções momentâneas e violentas que resolviam as contradições existentes, que podem ser consideradas oportunidades para a reconstrução capitalista ao invés de um sinal do fim eminente do capitalismo. Harvey defende que a taxa de lucro pode ser estabilizada por uma variedade de fatores como uma desvalorização do capital constante devido à mudança tecnológica, a monopolização ou a aceleração do tempo de rotação tanto na produção como na circulação. Ele argumenta, ainda, que um aumento da produtividade que não seja associado a perdas de emprego não reduziria a produção de mais-valia. Ademais, uma queda nas taxas de lucro pode resultar de muitos outros motivos além do aumento da composição orgânica do capital. ABSTRACTDavid Harvey’s article argues against the importance given to the law of the tendency of the rate of profit to fall (TRPF), suggesting that Marx derived the “law” under “draconian” assumptions and that Engels was far more enthusiastic about it than Marx, who never went back to the theory later in his life despite its evident incompleteness. Therefore, he argues, we should not take his theoretical conclusions too far. In his view, Marx perceived crises as momentary and violent eruptions that resolve the existing contradictions which can be considered as opportunities of capitalist reconstruction rather than a sign of the imminent end of capitalism. Harvey argues that the rate of profit can be stabilized by a variety of factors such as a devaluation of the existing constant capital due to technical change, monopolization, or accelerating turnover times in both production and circulation. He argues, moreover, that a productivity increase that is not associated with job losses would not reduce surplus value production. Moreover, a fall in profit rates could result from a number of reasons rather than an increase in the organic composition of capital. Tradução: Cássio Arruda Boechat ([email protected])


Author(s):  
Deepankar Basu

An economic crisis in capitalism is a deep and prolonged interruption of the economy-wide circuit of capital. Crises emerge from within the logic of capitalism’s operation, and are manifestations of the inherently contradictory process of capital accumulation. The Marxist tradition conceptualizes two types of crisis tendencies in capitalism: a crisis of deficient surplus value and a crisis of excess surplus value. Two mechanisms that become important in crises of deficient surplus value are the rising organic composition of capital and the profit squeeze: two mechanisms that are salient in crises of excess surplus value are problems of insufficient aggregate demand and increased financial fragility. This chapter offers a synthetic and synoptic account of the Marxist literature on capitalist crisis.


Religions ◽  
2019 ◽  
Vol 10 (2) ◽  
pp. 75
Author(s):  
Barbara Aniela Bonar

In this paper, I explain the problem of the dreamer in the Zhuangzi. I aim to show that no difference exists between dreaming states and waking states because we have a fluctual relationship with these two stages. In both, “we are dreaming.” Put another way, from a psychoanalytical point of view, one stage penetrates the other and vice versa. The difference between dreaming and non-dreaming disappears because dreaming is a structural process. Also, from a psychoanalytical perspective, all confirmations and negations about dreams and non-dreams leads to one point: the being, or rather the becoming, of the subject. How does this solve the problem of the True Person/True Human Being (zhenren真人)? Does such a person have dreams or not? Does the True Person sleep without dreams, as we find in the Zhuangzi? From a psychoanalytic perspective, this is not possible. To prove this, I will present few passages from the Zhuangzi and offer a psychoanalytic explanation of them based on Jacques Lacan’s theory of the fantasy and desire.


2021 ◽  
Vol 128 ◽  
pp. 01024
Author(s):  
V.N. Trofimov ◽  
A.M. Danilova ◽  
A.D. Voronin

The article suggests that the concept of “success in sports training of children” is integrative, including interrelated and correlated components. From the point of view of the authors, the evaluativeperformance component is one of the most necessary to achieve success. The authors propose to improve the indicators of this component through the trainer-child-parent interaction system, which consists in the use of digital technologies, as well as in the development and application of the educational program of interaction between the trainer and the parents of the children involved in “Success of your child”. The article also presents the diagnostics of the evaluative-effective component, which consists in testing children by using the questionnaire of Stolin. and Panteleeva. Testing was carried out in the course of experimental work in two stages: at the ascertaining stage (before the introduction of the educational program) and the control stage (after the introduction of the educational program). Based on the results of the experimental work, the authors made conclusions about the need for a deeper introduction into the practice of interaction between parents, their children and the coach.


Author(s):  
Bogdan Manolin JURCHIȘ

In this paper, the main objective of using numerical simulation was to highlight and analyse details that are very difficult to highlight through experimental tests. The development of the simulation model was also done for predictive purposes. In other words, after validation of the model, it can be used to estimate the filter load in other conditions than the experimental ones, respectively to evaluate how the particulate filter affects the operation of the internal combustion engine. In order to achieve the desired result, the creation of the model was done in two stages, the first stage was the creation of a model containing all the components of the engine, except the particle filter in order to identify the parameters of the combustion process and pollutant emissions - model validated on the basis of the indicated pressure curves, and the second stage was to complete the initial model with a particle filter and validate it from the point of view of the pressure drop, respectively of the engine performance, the aim was to obtain a trend, respectively values similar to the experimental ones.


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