Reclaiming Marx's 'Capital' by Andrew Kliman

Author:Andrew Kliman
Language: eng
Format: epub
ISBN: 9780739160022
Publisher: Lexington Books
Published: 2013-06-24T16:00:00+00:00

Notes

1 From a logical perspective, those who allege inconsistency and error bear the burden of proof. They need to show that the passages must be construed in a simultaneist manner. Yet since logical considerations have little to do with the outcome of this debate, I have decided to bear an otherwise unnecessary burden.

2 Moseley (1999, section 3:2) also gives a second argument for why Marx’s prices of production are implicitly determined simultaneously: if prices of production were determined temporally, they could change for reasons other than changes in “productivity” and real wages, but Marx denies that they can. This argument does not succeed unless Marx and Moseley mean the same thing by “productivity,” which Moseley fails to show. In the passage to which he refers, Marx (1991a: 307–308) used “change . . . in productivity” and “change in value” synonymously. And as Moseley himself agrees, Marx held that a commodity’s value depends in part on the prices of the inputs needed to produce it (see, e.g., Marx 1991a: 264–65). It thus seems reasonable to conclude that a “change . . . in productivity” in the above sense can result from a change in input prices. On this interpretation, temporalist prices of production do not change for reasons other than changes in productivity and real wages.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.