The Transformed Form of Value Under the Socialist System

Gu Shutang and Yang Yuchuan

Chinese Economy, 1984, vol. 18, issue 1, 44-58

Abstract: To study the function of the law of value and set the theoretical price, there is another important theoretical issue we have to address besides the role of time needed for social labor in value determination, that is, whether or not there is a transformed form of value under the socialist system.

Date: 1984
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