“Cambridge Capital Argument”:Retrospect and Prospect

“Cambridge capital argument”illustrates some logic paradoxes of Neo-classic economics with the concepts of“Capital Measurement”,“Reswitching of Technique”and“Reverse Capital”,caused by the wrongly commingling of Keynes' economics and the value and distribution theory of neo-classical economics,neglecting the special competitive re- lation of the capitalism.In contrast,Marx's economics deeply studied economic relations among the total variables on the base of social relations.The only solution to this argument is to introduce the classical general equilibrium of social rela- tion.