Social Scientist. v 3, no. 33 (April 1975) p. 13.


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SAMUELSON'S MARX-KRIT1K 13

89 See P M Sweezy, Theory of Capitalist Development, pp 23-5.

40 Capital, Vol III, p 384.

4 ! See Capital, Vol III, chapter 48.

42 Sec K Marx, "Wages, Price and Profit", Part IX, in Marx and Engels, Selected Works, Vol 1, Lawrence and Wishart, London 1962, pp '128-30; M H Dobb, Political Economy and Capitalism, Routledge, London 1937, chapter III.

43 W J Baumol, "The Transformation of Values: What Marx 'Really' Meant (An

Interpretation)" Journal of Economic Literature, Vol 12, Part 1, March 1974, pp 51-62 , 41 See Samuelson (lS74b).



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