The "Transformation Problem": Wage Form, Numéraire, and Value Transfer

Sandemose, Jørgen

doi:10.1080/08911916.2004.11042928

Cited by 7 publications

(8 citation statements)

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“…Thus, as a condition for their circulation on the world market, all particular products making up any national commodity aggregate have already compared their individual prices with those of all the others in its aggregate. 1 In this article, Australia, New Zealand and other areas with a true western-colonial background are included in such references to the -Northwest‖.…”

Section: Conceptual Fundamentals Of a Labour Theory Of Valuementioning

confidence: 99%

“…[On the contrary:] The commodities are evaluated in it before they circulate.‖ cf. my arguments in ( [1], pp. 41-58), where references to my earlier works (from 1973 on) regarding the matter are to be found.…”

Section: Conceptual Fundamentals Of a Labour Theory Of Valuementioning

confidence: 99%

“…Because of this imaginative operation we can rest assured that there can exist no such thing as a discrepancy between sums of surplus values and profits, not to mention total sums of values and prices, inside a capitalist society (cf. [1]). …”

Section: Conceptual Fundamentals Of a Labour Theory Of Valuementioning

confidence: 99%

“…But indeed they are (cf. [1]). To refute a thesis of inconsistency, a study of Marx's actual theory of value, included his view of the relation between exchange and circulation, is sufficient.…”

Section: Conceptual Fundamentals Of a Labour Theory Of Valuementioning

confidence: 99%

“…1 In the following section, I try to exemplify my theoretical findings on a main exemplar (the Russian economy), to give some hints about topics for further study.…”

Section: Introductory Remarks: a Main Overviewmentioning

confidence: 99%

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Transfer of Labour Time on the World Market: Religious Sanctions and Economic Results

Sandemose

2012

Religions

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This paper investigates the extent to which a term like -globalization‖, especially in its sense of implying the existence of a system, or of dominant features favouring development towards some system, is adaptable to a theory of a world economy which is to take due notice of the structure of the exchange value of commodities on the world market. A leading idea is that religious outlooks, in the way they were conceptualized by Karl Marx, have a strong bearing upon the difference in labour intensities in countries contributing to the world market, and thereby upon the differences in international values and prices. These differences are expressed in a scale-based, rigid structure on the world market itself-a structure which gives us the fundamental reason why certain specific countries or areas may get steadily poorer in relative terms, while others may constantly get relatively richer through the same mechanism. Consequently, when (as it is done here) religion is taken to express the quintessence of the cultural level of societies, it can be said that the comparative study of religions gives us a key to the understanding of crucial economic differences between nations. The differences in question are primarily those prevailing between capitalist societies on the one hand, and non-capitalist, or what is here called patrimonial societies, on the other.

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Section: Conceptual Fundamentals Of a Labour Theory Of Valuementioning

confidence: 99%

Section: Conceptual Fundamentals Of a Labour Theory Of Valuementioning

confidence: 99%

Section: Conceptual Fundamentals Of a Labour Theory Of Valuementioning

confidence: 99%

Section: Conceptual Fundamentals Of a Labour Theory Of Valuementioning

confidence: 99%

“…1 In the following section, I try to exemplify my theoretical findings on a main exemplar (the Russian economy), to give some hints about topics for further study.…”

Section: Introductory Remarks: a Main Overviewmentioning

confidence: 99%

See 3 more Smart Citations