Marx's Logic Challenges Traditional Economic Theories, Revolutionizing Understanding of Capitalism.
The article argues that the 'transformation problem' in Marx's Capital has been misunderstood due to a focus on linear production theory. The common interpretation today, known as the 'neo-Ricardian' interpretation, does not accurately reflect Marx's logical method. The authors suggest that Marx's theory differs fundamentally from linear production theory, and criticisms of Marx's theory based on this interpretation are misguided.