SciELO - Scientific Electronic Library Online

 
vol.39 número4Taxa de câmbio real, apoio financeiro e exportações no Brasil: estimação da equação de exportações setoriais com câmbio implícitoConsiderações teóricas sobre a terra como puro ativo financeiro e o processo de financeirização índice de autoresíndice de assuntospesquisa de artigos
Home Pagelista alfabética de periódicos  

Serviços Personalizados

Journal

Artigo

Indicadores

Links relacionados

Compartilhar


Brazilian Journal of Political Economy

versão impressa ISSN 0101-3157versão On-line ISSN 1809-4538

Resumo

ARAUJO, FABIO ANDERAOS DE. Sraffa and the Labour Theory of Value: a note. Brazil. J. Polit. Econ. [online]. 2019, vol.39, n.4, pp.614-637.  Epub 17-Out-2019. ISSN 1809-4538.  http://dx.doi.org/10.1590/0101-31572019-2859.

The author seeks to demonstrate that the price system proposed by Piero Sraffa in his major work Production of Commodities by Means of Commodities - Prelude to a Critique of Economic Theory is compatible with both David Ricardo and Karl Marx’s labour embodied theory of value and with Adam Smith’s labour-commanded theory of value. In reality, Sraffa’s measure of prices, the Standard Commodity, satisfies rigorously the mathematical condition of invariability in relation to income distribution between wages and profits. In this sense, it offers a consistent solution to the transformation problem of embodied labour values into production prices. Besides, the Standard ratio or the maximum rate of profits R can be used to analyse the evolution of the three major types or forms of technical progress in a capitalist economy, as follows: labour-using, neutral and capital-using techniques.

Palavras-chave : Labour values; prices; income distribution; classical and Marxian economic theories; standard commodity; technical progress; rent; interest rate.

        · resumo em Português     · texto em Inglês     · Inglês ( pdf )