Re: [OPE] Peter Flaschel

the Schumpeterian Trilogy Invention/Innovation/Diffusion and the long
waves this may generate is one aspect that I would like to integrate
(but have not yet achieved this at all) and the idea that these waves
may/must end up in some sort of (Western type) competitive socialism
(where the ex-bourgeois element is integrated with only non-monetary
incentives) can be a starting point for reflecting socialism anew
(though many things in his Capitalism, Socialism and Democracy are
outdated meanwhile, like the socialist blueprint he is describing there).
Best, Peter

Paul Cockshott schrieb:
> I can understand with the Marx/Keynes/Kalecki integration, it is a long time since I read Schumpeter, but I am surprised that you include him as part of the synthesis. There seems little in common, to my memory, between him and Kalecki forr instance.
> ________________________________________
> From: ope-bounces@lists.csuchico.edu [ope-bounces@lists.csuchico.edu] On Behalf Of Peter Flaschel [pflaschel@wiwi.uni-bielefeld.de]
> Sent: Tuesday, June 15, 2010 9:28 PM
> To: Outline on Political Economy mailing list
> Subject: Re: [OPE] Peter Flaschel
>
> Dear All,
> in view of the lines below may I just say that I here follow Richard
> Goodwin's MKS system very much in favoring the integration of
> Marx-Keynes/Kalecki-Schumpeter where all have to give in a little bit,
> but where in the end a theory of the long waves in capitalism may result
> (with some monotonic tendencies) with effective demand problems, mass
> unemployment due to the distributive cycle, and
> invention-innovation-diffusion waves???
> The weakest point is in my view however that Keynes accepted that
> competitive prices are equal to marginal wage costs. Marx' LTV can be
> viewed as the system of National Accounts behind the surface of
> competition and therefore does not really depend on the explanation of
> the latter.
> With best regards, Peter
>
> GERALD LEVY schrieb:
>
>> Paul:
>>
>> That's curious. Given your research and interests, as well as the
>> conferences that you both attended, you must have just missed each
>> other - like two ships without radar passing near each other at
>> night in the fog. For instance, you attended the 1997 EEA and IWGVT
>> in Washington and Peter attended the 1998 sessions in NYC. Those
>> on the list who passed through the New School will probably remember
>> that Peter collaborated for many years with my (not so) old mentor
>> Willi Semmler. (That's where I met him first but I doubt if he
>> remembers....) I'll be curious to see how Peter is able to both present
>> a Keynesian macro perspective and yet at the same time be in favor of a
>> 'classical' perspective which favors the Marxian labor theory of value.
>> This is a most unlikely and unusual marriage!
>>
>> In solidarity, Jerry
>>
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>>
>
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-- 
Phone: +49 521 123075
FAX:   +49 521 1066416
Address (office): University of Bielefeld,
Department of Business Administration and Economics,
P.O. Box 10 01 31, 33501 Bielefeld, Germany
Address (home): Randweg 13a, 33617 Bielefeld
Homepage of Peter Flaschel:
http://www.wiwi.uni-bielefeld.de/im-ruhestand/vwlth3.html
Book Publications:
http://209.85.129.132/search?q=cache:http://www.allbookstores.com/author/Peter_Flaschel.html
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