Autore
Passarella, Marco

Titolo
Marx in the matrix. L'algebra del "lavoro vivo"
Periodico
History of economic thought and policy
Anno: 2009 - Fascicolo: 2 - Pagina iniziale: 31 - Pagina finale: 48

Marx in the matrix. L’algebra del "lavoro vivo" - This paper provides a general overview on the recent interpretations of Marx’s analysis of value, money and income distribution. The paper is organized as follows. Section 1 introduces the original Marxian formulation of labour theory of value, as it is outlined in the first volume of Capital. Section 2 reproposes the ‘transformation of values into production prices’, as it is developed in the third volume. Section 3 discusses the still open issues around Marx’s transformation procedure. Sections 4 and 5 provide an outline on the so called ‘Single-System Labour Theory of Value’ (SS-LTV), autonomously elaborated by Foley and Duménil since the first half of 1980s. Such an innovative approach represents a macroeconomic monetary interpretation of Marx’s analysis, founded on the rediscovery of the ‘living labour’ concept. Finally, section 6 leaves behind the long-run analysis implied in the SS-LTV, in order to consider the effects of a change in the general price level (disregarding wage-earners expectations) on surplus rate.



SICI: 2240-9971(2009)2<31:MITMLD>2.0.ZU;2-A
Testo completo: http://www.francoangeli.it/riviste/Scheda_Riviste.asp?IDArticolo=38095&Tipo=Articolo PDF

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