Sraffa's critique of Marshall: a reassessment

Mongiovi, Gary

doi:10.1093/oxfordjournals.cje.a013613

Cited by 27 publications

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“…However, the contributions of the theory of the firm, that were mostly developed in the mid-20th century and beyond, and were primarily based on the previous criticisms to the neoclassical tradition (Mongiovi, 1996;Robinson, 1953;Sraffa, 1926), continue to drastically redefine our perception on the dynamics of the capitalist enterprise; their main pursue is to theorize how in a context of constant shortage of productive resources the enterprise articulates and implements its strategy (Archibald, 1973;Barreto, 2013;Cyert & March, 1963;Delapierre & Milelli, 1995;Foss & Knudsen, 2013;Gavetti, Greve, Levinthal, & Ocasio, 2012;Holmstrom & Roberts, 1998;Lozano, Carpenter, & Huisingh, 2015;Williamson & Winter, 1991;Zingales, 2017).…”

Section: Possible Paths Of Restructuring Swot Analysis: Towards An Evmentioning

confidence: 99%

Towards a Restructuration of the Conventional SWOT Analysis

Vlados

2019

BMS

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Today, the use of SWOT analysis is increasingly popular for the strategic planning of businesses. However, we argue that a traditional and conventional way of approaching the SWOT analysis contains an interpretative mistargeting which, in the background, derives from the absence of a comprehensive evolutionary methodological framework. Therefore, a conventional SWOT analysis that articulates lists of strengths-weaknesses and opportunities-threats in an absolute and non-correlative way is probably inappropriate to give answers to the needs of strategic planning. In this direction, by also exploring elements from the criticism to the traditional SWOT analysis, we counter-propose a new conceptual framework that perceives SWOT analysis in a correlative and evolutionary way, for all the kinds of socioeconomic organisms.

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Section: Possible Paths Of Restructuring Swot Analysis: Towards An Evmentioning

confidence: 99%

Towards a Restructuration of the Conventional SWOT Analysis

Vlados

2019

BMS

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“…Still the question remains: how is it possible that an author like Sraffa who was reluctant to publish anything not fully trusted wrote on imperfect competition only to later give it up? Reasonable as this questions may sound, some Sraffa scholars (e.g., Garegnani, 2005;Mongiovi, 1996) which constant returns to scale were not assumed (Sraffa, 1960, p. vi). This departure from orthodox thinking plausibly explains why we find no more traces of anything resembling imperfect competition in Sraffa later published work.…”

Section: Reactions After Sraffa's Critiquementioning

confidence: 99%

Sraffa’s 1920s Critique and its Relevance for the Assessment of Mainstream Microeconomics

Brondino¹,

Lazzarini²

2017

Research in the History of Economic Thought and Methodology

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• The present essay reexamines the scope of Sraffa's critique of Marshall's supply curves the former developed in his 1925 and 1926 articles showing that neoclassical supply curves derived from non-proportional returns are not robust both in the short and in the long run. • After examining what a short-run and a long-run equilibrium means both for the original Sraffa's articles and for Marshall's pioneer contribution, the paper discusses the common procedure in conventional economics to introduce the limitations to the growth of the firm. The argument of the paper will be based on the 1920s articles as well as on the "Lectures on Advanced Theory of Value" delivered in 1928-1931 by Sraffa at Cambridge University, now publicly available on-line by the Wren library, Trinity College, Cambridge. • For short-run analysis, it must be assumed that the number of firms is fixed. This assumption entails serious problems with regards to the notions of competition and competitive behaviour. For long-run analysis, the source of increasing costs are problems of management and control. However, this idea is untenable both on logical and empirical grounds. • We argue that contemporary mainstream microeconomic treatment of costs and supply in the context of perfect competition still present several problems. These problems, rather than being superficial, lie at the root of supply and demand approach of value and distribution.

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“…See Panico and Salvadori (1994) for discussion of these and other comparative issues. See Mongiovi (1996) regarding the degree to which Sraffa's later methodological stance is re ected in his early critique of Marshall. 5 An exception regarding symmetrical supply-and-demand determination of prices which Sraffa still allowed in his 1926 paper might be a solution to Marshall's problem was the case of monopoly.…”

Section: Marquette Universitymentioning

confidence: 99%

Gramsci, Sraffa, Wittgenstein: philosophical linkages

Davis¹

2002

The European Journal of the History of Economic Thought

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The paper assumes that since Gramsci influenced Sraffa and SraffA influenced Wittgenstein it may be possible to delineate a set of philosophical ideas which they shared in some degree. Gramsci's ideas are first reviewed on terms of his concept of hegemony, concept of caesarism and philosophy of praxis. On this basis three philosophical themes are identified in his thinking: the conept of emergence; catastrophic equilibrium; and the idea of a concrete universal. The thinking of Sraffa (both earlier and later) and the thinking of Wittgenstein (later) are then interpreted in terms of these same three themes. These links neither exhaust their philosophical thinking nor necessarily constitute the only links among the three. But these ideas provide one way of exploring connections among the three. The paper closes with brief remarks concerning two opposed philosophical traditions in modern European intellectual history at the turn of the century — one associated with thinking in Britain and one associated with continental thinking — meant to suggest the distinctiveness of a line of thinking running through Gramsci, Sraffa and Wittgenstein.Gramsci, Sraffa, Wittgenstein, Philosophical Linkages, Continental Tradition,

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Sraffa's critique of Marshall: a reassessment

Cited by 27 publications

References 0 publications

Towards a Restructuration of the Conventional SWOT Analysis

Towards a Restructuration of the Conventional SWOT Analysis

Sraffa’s 1920s Critique and its Relevance for the Assessment of Mainstream Microeconomics

Gramsci, Sraffa, Wittgenstein: philosophical linkages

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