Re: [OPE] Problems in International Political Economy (IPE)

From: dogangoecmen@aol.com
Date: Thu Apr 17 2008 - 10:12:00 EDT


"Following Anwar Shaikh, I think a Marxian perspective on trade

incorporates a theory of absolute advantage."

Jerry, thanks for your reply. Can you please expound on this?
I am not sure whether I understand this.

Dogan 

 

-----Ursprüngliche Mitteilung----- 
Von: GERALD LEVY <gerald_a_levy@msn.com>
An: Outline on Political Economy mailing list <ope@lists.csuchico.edu>
Verschickt: Do., 17. Apr. 2008, 16:01
Thema: RE: [OPE] Problems in International Political Economy (IPE)














 > Is this debate of any relevance for contemporary developments and debates and what has Marx to say about this debate? 

 


Hi Dogan:


 


Following Anwar Shaikh, I think a Marxian perspective on trade


incorporates a theory of absolute advantage.  This does not


necessarily mean, though, that there is no truth whatsoever


to the Ricardian theory of comparative advantage. Just as


there is uneven and combined development of economies


in the world capitalist system, so too there are  both 


absolute and comparative advantages that nations have 


in terms of the international division of labor.


 


In solidarity, Jerry

=


 





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