Note 77 — Chapter IV · RECENT INTERPRETATIONS OF THE MARXIAN THEORY OF VALUE AND CONTROVERSIES CONCERNING THEMToC
Christabel M. (Christabel Margaret) Meredith translation
I write equivalence because Marx writes thus, and because for the present question this other is quite irrelevant: viz. whether the relation of value can be expressed in the mathematical form of a relation of equivalence. But, for my part, and I follow the hedonists in this; I deny entirely that the relation of value is a relation of equivalence. The proof of this has already been supplied by others, and there is no occasion to repeat it.