From: Pen-L Fred Moseley (fmoseley@MTHOLYOKE.EDU)
Date: Sun Jan 28 2007 - 12:19:01 EST
I apologize to Rakesh and the list for sending this private message
to the list by mistake.
Fred
----- Forwarded message from fmoseley@mtholyoke.edu -----
Date: Sun, 28 Jan 2007 12:05:39 -0500
From: fmoseley@mtholyoke.edu
Reply-To: fmoseley@mtholyoke.edu
Subject: Re: [OPE-L] A REFUTATION OF THE COMMODITY EXPLOITATION THEOREM
To: OPE-L <OPE-L@SUS.CSUCHICO.EDU>
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
>
>
>
>
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