This paper critically evaluates the "new solution" to the transformation as presented by Foley and Dumenil and others, from the perspective of the author's "macro-monetary" interpretation of Marx's theory. The main issue emphasized is the method of determination of the inputs of constant capital and variable capital in Marx's theory-whether these inputs are taken as given as quantities of money capital or derived from given quantities of physical goods.
Campbell, Al.1997. The Transformation Problem: A Simple Presentation of the "New Solution."Review of Radical Political Economics29 (3): 59-69.
2.
Carchedi, Guglielmo. 1984. The Logic of Prices as Values. Economy and Society13 (4): 431-455.
3.
Cullenberg, Stephen. 1994. The Falling Rate of Profit: Recasting the Marxian Debate. London: Pluto Press.
4.
Devine, James N. (1990). The Utility of Value: The "New Solution," Unequal Exchange, and Crisis. Research in Political Economy12: 21-39.
5.
Dumenil, Gerard. 1980. De la valeur aux prix de production. Paris: Economica.
6.
Dumenil, Gerard. 1983-84. Beyond the Transformation Riddle: A Labor Theory of Value. Science and Society47 (Winter): 427-450.
7.
Dumenil, Gerard. 1986. From Value to Prices of Production: A Reinterpretation of the Transformation Problem. Unpublished English translation of Dumenil (1980) by Mark Glick.
8.
Foley, Duncan. 1982. The Value of Money, the Value of Labor-Power, and the Marxian Transformation Problem. Review of Radical Political Economics14 (Summer): 37-49.
Marx, Karl. 1977. Capital, Volume 1. New York, N.Y.: Random House.
23.
Marx, Karl. 1981. Capital, Volume 3. New York, N.Y.: Random House.
24.
Marx, Karl and Frederick Engels. 1975. Selected Correspondence. Moscow: Progress Publishers.
25.
Marx, Karl and Frederick Engels. 1988. Marx-Engels Collected Works, Volume 30. New York, N.Y.: International Publishers.
26.
Marx, Karl and Frederick Engels. 1991. Marx-Engels Collected Works, Volume 33. New York, N.Y.: International Publishers.
27.
Marx, Karl and Frederick Engels. 1992. Marx-Engels Gesamtausgabe (MEGA), Band 4, Karl Marx Okonmische Manuskript 1863-67, Teil 2. Berlin: Deitz Verlag.
28.
Mattick, Paul Sr. 1959. Value Theory and Capital Accumulation. Science and Society23 (Winter): 27-51.
29.
Mattick, Paul Sr. 1969. Marx and Keynes: The Limits of the Mixed Economy. Boston, Mass.: Porter Sargent.
30.
Mattick, Jr., Paul. 1981. Some Aspects of the Value-Price Problem. Economies et Societes (Cahiers de l'ISMEA Series) 15 (6-7): 725-781.
31.
Mohun, Simon. 1993. A Re(in)statement of the Labor Theory of Value. Cambridge Journal of Economics18: 391-412.
32.
Moseley, Fred. 1993. Marx's Logical Method and the Transformation Problem. In Marx's Method in 'Capital': A Reexamination. Moseley (ed.). Atlantic Highlands, N.J.: Humanities Press.
33.
Moseley, Fred. 1997. The Development of Marx's Theory of the Distribution of Surplus-value. In New Perspectives on Marx's Method in Capital. F. Moseley and M. Campbell (eds.). New Jersey: Humanities Press.
34.
Moseley, Fred. (forthcoming). Hostile Brothers: Marx's Theory of the Distribution of Surplus-Value in Volume 3 of Capital. In Essays on Volume 3 of Capital. Geert Reuten (ed.). Amsterdam: University of Amsterdam Press.
35.
Ramos-Martinez, Alejandro. 1998. Value and Price of Production: New Evidence on Marx's Transformation Procedure. International Journal of Political Economy28(4) fall.
36.
Ramos-Martinez, Alejandro and Adolfo Rodriquez-Herrera. 1996. The Transformation of Values into Prices of Production: A Different Reading of Marx's Text. In Marx and Non-Equilibrium Economics. A. Freeman and G. Carchedi (eds.). U.K.: Edward Elgar Publishing.
37.
Rosdolsky, Roman (1977). The Making of Marx's Capital. London: Pluto Press.
38.
Wolff, Richard, Antonio Callari, and Bruce Roberts. 1984. A Marxian Alternative to the "Transformation Problem."Review of Radical Political Economics16 (2-3): 115-135.
