THE TRANSFORMATION PROBLEM. How market value helps set the profit margin.

supplementary remarks 4th posting transformation solution pdf

transformation problem fourth posting (MAIN ARTICLE)

I have added supplementary remarks to the Main Article. Some of the concepts in the Main Article are difficult to grasp so I hope the supplementary remarks make it easier to grasp them. The purpose of the Main Article was to demonstrate how the profit margin is immanent and not accidental, that it derives from the market value, the rate of exploitation and the movement of capital, and not from the will of the individual capitalist.