Re: [OPE-L:5636] Re: Re: Re: Howards [5578] PeculiaritRe Rakesh's 5637-38: >>> (From 5637): I think Ajit is saying that Hegelian (sic) value theory has no answer to Joan Robinson's challenge (dubbed the infinite regression critique by Carchedi): "the constant capital was produced in the past by labour time working with then pre-existing constant capital and so on, ad infinitum backwards. It therefore cannot be reduced simply to a number of labour hours that can be added to the net value of the current year. And there is no advantage in doing so." quoted in Carchedi, 1990, p. 96.<<< *********************************** Do you (and others) agree (or disagree) with Mino's answer (and counter-challenge) to "the infinite regression critique" advanced by Robinson? Why (or why not)? What other answers have been offered in the literature to the "infinite regression critique"? In solidarity, Jerry Reference: Guglielmo (Mino) Carchedi _Frontiers of Political Economy_, London, Verso, 1991
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