Re: Which label: neo-Ricardian, surplus approach, or linear production theory?

From: Rakesh Bhandari (rakeshb@STANFORD.EDU)
Date: Tue Dec 02 2003 - 15:03:05 EST 

>Well, you can't go wrong with "linear production theory."  "Surplus approach"
>works if you're talking about Sraffa, Pasinetti and Steedman, but doesn't
>really fit for Leontief and I think there is some ambiguity as regards von
>Neumann (though Kurz & Salvadori put vN squarely in the Sraffian tradition).
>
>No one to whom the label "neo-Ricardian" is applied likes it, so I'd avoid it
>simply on the grounds of good manners. I suspect that it is often used by some
>Marxists or critical realists to suggest a certain bourgeoise backwardness.

Neo Ricardian wouldn't even be accurate given the break with any kind
of labor theory of value and mis-use of Ricardo's corn model. Ricardo
was a foward and dynamic bourgeois thinker; linear production theory
is the tool of the servants of a class in decline which would like to
freeze reality as it is.

Yours, Rakesh

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