Julio, I would like to see reference to where the English side of the CCC confused a material unit of account with some other unit of account.
your link doesn't seem to have much basis in the actual CCC. your complaint that we need some kind of unit of account to make decisions at a high level doesn't have anything to do with neoclassical economists being logically incoherent with their unit of account for capital. In the volume two example he multiplies means of production by their prices to determine the "value" of the means of production transferred. nowhere however, in my reading of volume two does he says that a higher "valued" (ie machine sold for a higher price) machine would produce more output simply by virtue of it's "value" being higher. the relationship between the price of the means of production and the price of the output being produced seems to be a simple monetary cost of inputs being part of the calculation of prices (correct me if I'm wrong Fred, but I think Fred Moseley makes a similar argument in his work). In fact his discussion of "moral depreciation" is a perfect example. in this case the value of a machine in production is decreased rapidly by new technologies yet its use value is exactly the same. a machine is no less useful because a more useful machine is invented. it's "life" is shortened or ended because at a certain point it pays more to use the new machine that is much more useful in production. notice also this is explicitly a monetary relation with no attempt to measure in "use value" terms. if for example the price of the new technology suddenly rose a lot, the price (and thus value) of the older machine may increase in tandem. Marx is using a novel unit of account (average socially necessary labor time) which is a mixture of two units of account (labor time and money) and all the relevant variables are measured in this unit of account. You can argue whether this is indeed a "solution" to the CCC or whether this is a valid thing to do, but it certainly is very different from what neoclassical's are claiming to do. I'm also confused why you don't take the Leontief solution. his production functions are purely physical. after all the actual soviet union (as well as the united states) used input output data in various aspects of planning. -- -Nathan Tankus -----------------------------------------------------------------------------------------------------------------------------------------------
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