[OPE-L:920] Re: the "transformation problem"

Paul Cockshott (wpc@clyder.gn.apc.org)
Thu, 1 Feb 1996 15:35:47 -0800

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Andrew
------

What is at issue in the postulate of stationary prices is nothing less
than
whether profitability is determined by technology and the real wage
rate,
exclusively, or whether it is determined by labor-time relations.

Paul
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I was interested by this remark. Can you elaborate.