From: Simon Mohun (s.mohun@QMUL.AC.UK)
Date: Sat Oct 20 2007 - 10:13:42 EDT
Hi Anders Anders Ekeland wrote: > Dear Jerry, > > I am again surprised over your eagerness to "take a vote" on the > TSSI. I am not quite sure if I am "outside of the proponents of the > TSSI" or inside. But I have discussed a lot of issues with Alan > Freeman - and to a lesser extent Andrew Kliman. We have disagreements > on both economic and political issues, but I think that they are no > worse than most others in their reporting of the views of those with > whom they disagree, and certainly not worse than Veneziani and > Mongiovi, which to me are not willing to accept the very limited > claims of the "reclaiming Marx" exercise. Not Gary Mongiovi, but Simon Mohun. And you are not quite right - it is because Roberto and I do not find the "reclaiming Marx" exercise convincing that we are not willing to accept what you call its "very limited claims". > The limits to the TSSI, i.e. that it is not a real positive theory, > i.e. a model that shows how capitalism works, are not recognized, > because the Sraffa model is of course even more totally unreal > (nothing changes). The TSSI has nothing to say about how capitalism actually works - that is not its avowed purpose. [Since most of my own work is about how capitalism actually works, engaging with the TSSI is singularly frustrating.] > As I have said before it is an open question to me if one can make an > static equilibrium model of capitalism that is interesting. You can find my own approach in "A Re(in)statement of the Labour Theory of Value". Cambridge Journal of Economics 18(4), 1994: 391-412 "Does All Labour Create Value?", pp. 42-58 in A. Saad-Filho (ed.), Anti-Capitalism: a Marxist Introduction. London: Pluto Press, 2003 "On Measuring the Wealth of Nations: the U.S. Economy, 1964-2001". Cambridge Journal of Economics 29(5), 2005: 799-815 "Distributive Shares in the U.S. Economy, 1964-2001". Cambridge Journal of Economics 30(3), 2006: 347-70 Regards, Simon
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