> I would agree with Jerry about the TP as such. However, it seems to have
> driven Ian into formulating a precise dynamical model of a capitalist
> economy --- which is very interesting in its own right. Its full
> properties remain to be explored, but what Ian has discovered already is
> not only of scientific but political interest.
Here the TSSI school is completely spot-on. If you want to understand
value theory you have to adopt a dynamic approach. They are right that
much of the Sraffian-inspired work in the 70's and 80's, which is
limited to linear algebra, is inherently limited and insufficient.
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Received on Wed Dec 1 18:48:20 2010
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