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Don't forget also Luxemburg's detailed criticism of Bauer; after all, she
was the one to whom Bauer was addressing this model. Paul Z.
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Paul Zarembka, supporting RESEARCH IN POLITICAL ECONOMY
******************** http://ourworld.compuserve.com/homepages/PZarembka
bhandari@Princeton.EDU (Rakesh Bhandari) said, on 05/23/00, replying to
Andrew:
> Maybe
>>you think it should only be referred to as the Bauer model - is this your
>>view?
>Well it is Bauer's model, and Grossmann offers several reasons why it
>necessarily misrepresents capitalist dynamics (though this seems to have
>escaped even Howard and King, e.g., its focus on value to exclusion of
>use value, its assumption of constant values, its treatment of capitalist
>consumption only as a passive variable, its neglect of credit and loan
>capital on the cycle, its abstraction from cycles altogether, etc).
>Yours, Rakesh
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