From: Pen-L Fred Moseley (fmoseley@MTHOLYOKE.EDU)
Date: Sun Jan 28 2007 - 12:05:39 EST
Hi Alejandro, Well, it looks like we may have solved the "Rakesh problem" for now. I hope for good. Thanks for your help. I am interested in the paper you mentioned below. Would you please send it to me? Saludos a Gloria! Fred Quoting Alejandro Valle Baeza <valle@SERVIDOR.UNAM.MX>: > A REFUTATION OF THE COMMODITY EXPLOITATION THEOREM > Takao Fujimoto and Yukihiko Fujita > Fukuoka University, Japan > ABSTRACT > This note is to show that the generalized commodity exploitation theorem put > forward by Bowles and Gintis (1981) and Roemer (1982, 1986) is nothing but > an alternative form of the Hawkins-Simon condition for a given technical > data, > and that it has nothing to do with exploitation. That is, the Hawkins-Simon > condition means a mere possibility of an economic system to produce a > surplus > in each commodity, and as such does not guarantee the existence of positive > profits. To consider exploitation or the existence of positive profits, > we need to > introduce prices at which unequal exchanges may be carried out. > > I will send full article by request > Alejandro Valle Baeza > -- > > Posgrado Facultad de Economía > > Av. Universidad 3000 Circuito interior > > México 04510, DF México > > Tel. 55-56222148 fax 55-56222158 > > Página web: http://usuarios.lycos.es/vallebaeza > > > > ---------------------------------------------------------------- This message was sent using IMP, the Internet Messaging Program.
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