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> He tried and failed to relate "value" derived from labor to actual market prices. (We now know that the problem he set up was even logically not solvable.) C
by bakuninsbart 5y ago
> He tried and failed to relate "value" derived from labor to actual market prices. (We now know that the problem he set up was even logically not solvable.)
Could you expand on that?
- zozbot234 5y agohttps://en.wikipedia.org/wiki/Transformation_problem https://en.wikipedia.org/wiki/Transformation_problem has a general introduction to the issue.