Re: [OPE-L] workers' consumption and capitalists' consumption

From: Ian Wright (wrighti@ACM.ORG)
Date: Fri Jun 09 2006 - 16:54:05 EDT

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Hi Paul

> It has generally been assumed that in dealing with the transformation problem
> one has to deal with stocks of fixed capital.

The great majority of the debate on the transformation problem has
been conducted in single production models without fixed capital.
There is no need to move to joint production because the problem
manifests in single production models.

Best wishes,
-Ian.

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