>
>Paul
>
>2. It seems to me that those economists who have recourse to subjectivity
>to explain for example value, come up with theories that are both
>politically reactionary and scientifically untestable.
>
>Michael
>
>I fail to see the reactionary implications of value-form approaches.
>Is it testable? Well, it has to critically incorporate any serious critique -
>rational, hermeneutic, praxeological or empirical - will that do?
>
Paul
I was not talking about 'value form' analyses, which dont seem to have
anything to do with subjectivity, I meant the subjectivist utility
theory of value which dominates economic teaching at undergraduate level.
Paul Cockshott
wpc@cs.strath.ac.uk
http://www.cs.strath.ac.uk/CS/Biog/wpc/index.html