Andrew_Kliman wrote: > In OPE-L 3968, Rakesh wrote: > > "Marx admits that the inputs have to be transformed into prices of > production. He does not say that they have to be transformed into the > SAME prices of production as the outputs." > > Excellent point! > > Do any of the proponents of simultaneism out there have any evidence > to dispute this? > The above proposition ( that is approved by Kliman) I find it highly problematic, to say the least, because it implies two systems of prices of production one for inputs and another one for outputs and as a result two average rates of profit. This cannot be true because it contradicts the nature of capitalism, where there is a tendential equalization of the profit rate. Furthermore, what is an input and what is an output is also problematic because inputs are outputs and outputs are inputs at the same time i.e. there is a single market for both inputs and outputs when the economy is viewed as a totality. So either we have a single system of prices of production or we simply do not have prices of production at all. We just have prices without the equalization of the profit rate which can be called whatever but prices of production. Lefteris Tsoulfidis
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