From: Rakesh Bhandari (bhandari@BERKELEY.EDU)
Date: Thu Nov 18 2004 - 12:42:55 EST
At 6:32 PM +0100 11/18/04, Riccardo Bellofiore wrote: >At 8:48 -0800 18-11-2004, Rakesh Bhandari wrote: >>At 9:08 AM -0500 11/18/04, Paul Zarembka wrote: >>>Luxemburg did not pay much attention to the tendency of the rate of profit >>>and that is a strength of hers. >> >>This is an assertion as is my claim that I found Fred Moseley's piece >>in Alfredo Saad Filho's Anti Capitalism more penetrating than yours >>in the same book. > >I like Moseley. And, to nmake an example, I like his pieces in MR on >the crisis in USA in the last few years. Do you know, Rakesh, that >they are the same, and a bit less powerful, than Godley on the Levy's >site? Or Wray. Both Post-keynesians, btw. Yes there is similar focus on the problems of international economic stability, e.g. sustainability of US current account deficit. But the problems are rooted in different relations altogether. > > >>>The tendency of profits, if any, is an extremely complicated problem. I >>>always found A.D. Magaline (an anonymous collective) Lutte de classes et >>>devalorisation du capital: Contribution a la critique de revisionnisme, >>>Maspero 1975 a great starting point, but no body pays any attention to it. >>>Quel domage! >>> >>>Grossmann is a tired reference. >> >>And so are Mattick, Shoul, Yaffe, Cogoy, Shaikh, Ernst, Moseley? > >Can you tell me more about Ernst? I'm referring to his modification of Grossmann's use of Bauer scheme to kick off TSS school. > >Actually Moseley does not seem to me to be a falling rate of profit >guy, read carefully. read carefully? that's a bit patronizing. I don't think Andrew T thought I had not read his critique of Grossman carefully. I just did not agree that it proved much. But as for Moseley I'll have to figure out why he wrote a book with FROP in the title. Perhaps Fred will respond. Rakesh >-- >Riccardo Bellofiore >Dipartimento di Scienze Economiche >"Hyman P. Minsky" >Via dei Caniana 2 >I-24127 Bergamo, Italy >e-mail: riccardo.bellofiore@unibg.it >direct +39-035-2052545 >secretary +39-035 2052501 >fax: +39 035 2052549 >homepage: http://www.unibg.it/dse/homepage/bellofiore.htm
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