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Negative Labor Vailues and the Joint Production Technique: A Debate in the Marxian Transformation Problem

dc.contributor.authorMohtadi, A.en_US
dc.date.accessioned2010-04-14T14:02:15Z
dc.date.available2010-04-14T14:02:15Z
dc.date.issued1981en_US
dc.identifier.citationMohtadi, A. (1981). "Negative Labor Vailues and the Joint Production Technique: A Debate in the Marxian Transformation Problem." Review of Radical Political Economics 4(13): 33-38. <http://hdl.handle.net/2027.42/68830>en_US
dc.identifier.issn0486-6134en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/68830
dc.description.abstractThis short paper focuses on a debate between M. Morishima and G. Catephores on the one hand, and I. Steedman on the other. It deals with the question of negative labor value in a commodity produced under joint production techniques with no fixed capital and examines the feasibiliy of that question. It demonstrates that Steedman's position, regardless of its internal consistency, is implausible, and that Morishima and Catephores's critique of Steedman is subject to certain limitations. It may be possible to overcome these limitations along the lines suggested, if the latter scheme is to be valid under more general circumstances.en_US
dc.format.extent3108 bytes
dc.format.extent1017101 bytes
dc.format.mimetypetext/plain
dc.format.mimetypeapplication/pdf
dc.publisherSage Publications, Thousand Oaks, CAen_US
dc.titleNegative Labor Vailues and the Joint Production Technique: A Debate in the Marxian Transformation Problemen_US
dc.typeArticleen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbsecondlevelPolitical Scienceen_US
dc.subject.hlbtoplevelGovernment, Politics and Lawen_US
dc.description.peerreviewedPeer Revieweden_US
dc.contributor.affiliationumDept. of Economics, University of Michigan, Ann Arbor, Michiganen_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/68830/2/10.1177_048661348201300404.pdf
dc.identifier.doi10.1177/048661348201300404en_US
dc.identifier.citedreferenceBortkiewicz, L. Von, "On the Correction of Marx's Fundamental Theoretical Construction in the Third Volume of 'Capital'" (1907) in E. von Bohm-Bawerk, Karl Marx and the Close of His System, ed. P. Sweezy, Kelley, 1966, pp. 199-221.en_US
dc.identifier.citedreferenceGintis, H. and Bowles, S., "Structure and Practice in the Labor Theory of Value", Review of Radical Political Economics, 12 (Winter, 1981).en_US
dc.identifier.citedreferenceHoward, M. and King, J., The Political Economy of Marx, (Longman, 1975).en_US
dc.identifier.citedreferenceMarx, K., Capital, I and III, (International Publishers Co., 1967).en_US
dc.identifier.citedreferenceMorishima, M. and Seton, F., "Aggregation in Leontief Matrices and the Labor Theory of Value", Econometrica, 29 (April, 1961).en_US
dc.identifier.citedreferenceMorishima, M. and Catephores, G., Value Exploitation and Growth: Marx in the Light of Modem Economic Theory, (Mc Graw-Hill, 1978).en_US
dc.identifier.citedreferenceSraffa, P., Production of Commodities by Means of Commodities: Prelude to a Critique of Economic Theory, (Cambridge University Press, 1960).en_US
dc.identifier.citedreferenceSteedman, I., "Positive Profit with Negative Surplus Value", Economic Journal, 85 (March, 1975).en_US
dc.identifier.citedreferenceSteedman, I. "A Replay", Economic Journal, (September, 1976).en_US
dc.identifier.citedreferenceSteedman, I., Marx after Sraffa (NLB, 1977).en_US
dc.owningcollnameInterdisciplinary and Peer-Reviewed


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