From: ajit sinha (sinha_a99@yahoo.com)
Date: Fri Mar 05 2004 - 01:53:15 EST
No! I'm that much of a Keynesian! ajit --- paul cockshott <clyder@GN.APC.ORG> wrote: > I take it you are not supporting the idea that > supply > creates its own demand at the macro level? > > -----Original Message----- > From: OPE-L [mailto:OPE-L@SUS.CSUCHICO.EDU] On > Behalf Of ajit sinha > Sent: 02 March 2004 07:35 > To: OPE-L@SUS.CSUCHICO.EDU > Subject: Re: (OPE-L) Say's Law in Marxian Theories? > > Ajit. > Can you explain a little more about > disproportionality? It could be > argued that proportionality between the departments > of > production requires > that they are in balance: that supply and demand are > equal. If supply > creates its own demand (Say's Law), then this means > there cannot be > disproportionality. I agree that general > overproduction is distinct from > this, however. > Andrew. > _________________ > > Supply does not have to create a demand of equal > amount of its own kind. Say's law is more of a macro > level proposition. It only opposes a theoretical > possibility of a general glut. Cheers, ajit sinha > > > __________________________________ > Do you Yahoo!? > Yahoo! Search - Find what you re looking for faster > http://search.yahoo.com __________________________________ Do you Yahoo!? Yahoo! Search - Find what you’re looking for faster http://search.yahoo.com
This archive was generated by hypermail 2.1.5 : Sat Mar 06 2004 - 00:00:01 EST