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Literatur zur Politischen Ökonomie
Folgende Dokumente wurden in der Mehrwert & Co. Datenbank gefunden:
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1. Aufsatz
Dokument in die Merkliste Dokument in den Download-Korb
Referenz:
Foley (1982): Value of Money
stabile URL:
www.pol-oek.de/objekt_start.fau?prj=poloeklit&zeig=10212
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aus dem Mehrwert & Co. Archiv:
Verf./Hrsg./KS:
Titel:
The Value of Money, the Value of Labour Power and the Marxian Transformation Problem
in:
Jahr:
1982
Jg.:
14
H.:
2
pp.:
37-47
s. Dokument:
 
Deskribierung:
Inhalt:
An interpretation of the labor theory of value is proposed which retains the proportionality of profit and unpaid labor time in the face of any deviations of prices from labor values. The concept "value of labor power" in the case when prices areproportional to labor values is equal both to the labor value of workers' consumption and to the product of the money wage and the "value of money," that is, the ratio of aggregate direct labor time to aggregate money value added. On the basis of thesecond definition a consistent interpretation of the labor theory of value is constructed in which surplus value is conserved in the transformation from labor values to prices, but in which the value of labor power is not in general equal to thelabor value of workers' consumption. This interpretation can be made operational in terms of accounting data from capitalist firms.


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