Has anyone tried his or her transformation procedure with
fixed capital? Or do you know of anyone who has? I am
not really interested, at this point, in those procedures
that only deal with relative prices but rather those that
attempt to preserve the idea of value.
In Chap. 9 of Vol 3, Marx seems to simply "abstract from"
fixed capital as he transforms values into prices of
production. I'm not sure if his transformation procedure
works at all with fixed capital.
thanks,
John