From: Paul Cockshott (wpc@DCS.GLA.AC.UK)
Date: Wed Mar 15 2006 - 04:31:38 EST
I have been having an email conversation with Takis Fotopoulos a libertarian left economist over the last 4 days. He refers to a critique of Marx by Castoriadis ---------------------------- The conceptual grounds on which the labour theory of value was rejected by no means referred exclusively to the transformation problem. This was the 'internal' critique raised by Marxists. I referred to the critique of the libertarian Left , like that of Castoriadis, who showed the fundamental contradictions of the labour theory of value (as regards the rate of exploitation etc), as well as its inconsistency with Marx's philosophical theory (see e.g. Castoriadis' Political and Social Writings, University of Minnesota, 1988, vol 2). And, of course, what you call 'genuine scientific research' is called something else by 'orthodox' economists and vice versa. Furthermore, the analogy with natural evolution and creationism is not valid in this case since these two examples refer to rational and irrational systems respectively, whereas both orthodox and Marxist economics are rational systems. This is why I referred to the incommensurability of the two paradigms. ---------------------------- Are list members conversant with this criticism of Marx? I am unaware of it up to now. -- Paul Cockshott Dept Computing Science University of Glasgow 0141 330 3125
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