Vulgar economy in Marxian garb: a critique of Temporal Single System Marxism

Mongiovi, Gary

doi:10.1016/s0486-6134(02)00176-6

Cited by 31 publications

(19 citation statements)

References 17 publications

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“…Several Marxists have contested the new interpretation from a methodological or a philological point of view. To mention just a few: Roemer (1990) observes that abandoning the dual system approach opens value determination to arbitrariness; Shaikh and Tonak (1994), that it turns the whole relationship between surplus value and profit on its head; Mongiovi (2002), that it redefines value in a trivial way; Fine, Lapavitsas and Saad-Filho (2004), that it wrongly assumes value to be immediately represented by money; and Petri (2015), that it adds nothing to the comprehension of what determines profits.…”

Section: Measures Of Exploitationmentioning

confidence: 99%

2. Abstract Labour as a Historical Reality

Screpanti¹

2019

Labour and Value

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The sphere of circulation or commodity exchange, within whose boundaries the sale and purchase of labour-power goes on, is in fact a very Eden of the innate rights of man. It is the exclusive realm of Freedom, Equality, Property and Bentham. Freedom, because both buyer and seller of a commodity, let us say, of labour-power, are determined only by their own free will. They contract as free persons, who are equal before the law. Their contract is the final result in which their joint will finds a common legal expression. Equality, because each enters into relation with the other as with a simple owner of commodity, and they exchange equivalent for equivalent. Property, because each disposes only of what is his own. And Bentham, because each looks only to his own advantage […]. And precisely for that reason, either in accordance with the preestablished harmony of things, or under the auspices of the omniscient providence, they all work together to their mutual advantage, for the common weal, and in the common interest. When we leave this sphere of simple circulation or the exchange of commodities, which provides the 'free-trader vulgaris' with his views, his concepts and the standard by which he judges the society of capital and wage-labour, a certain change takes place, or so it appears, in the physiognomy of our dramatis personae. He who was previously the money-owner now strides out in front as a capitalist; the possessor of labour-power follows as his worker. The one smirks self-importantly and is intent on business; the other is timid and holds back, like someone who has brought his own hide to market and now has nothing else to expect but a tanning.

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Section: Measures Of Exploitationmentioning

confidence: 99%

2. Abstract Labour as a Historical Reality

Screpanti¹

2019

Labour and Value

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“…Portanto, se os preços se referem a um período de tempo grande o suficiente para que as quantidades trazidas ao mercado se ajustem às demandas efetivas e os preços de mercado alinhem-se com seus custos normais, 9 não fica claro porque este mesmo tempo não é suficiente para que estes próprios preços de produção relativos não convirjam para os preços associados a uma taxa de lucro real uniforme sobre os custos de reposição. Assim o tempo tem que ser ao mesmo tempo longo o suficiente para o ajustamento da produção à demanda, mas curto o suficiente para os preços de produção sobre custo histórico divergirem dos preços de produção sobre custos de reposição (ver também Mongiovi 2002). Os autores não apresentam nenhuma justificativa para tais suposições sobre o processo de gravitação.…”

Section: Redefinindo a Igualdade Preços-valores Como Um Processo Dinâunclassified

Valores-Trabalho através de uma Sucessão de Redefinições: Uma Análise das "Novas Soluções" para o "Problema da Transformação"

Lucas

Serrano

2018

Estud. Econ.

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Resumo Até 1980, o "problema da transformação" era visto como uma parte superada da teoria clássica do valor. Todavia, desde 1980, uma série de "novas soluções" - a "Nova Interpretação", o "Sistema Temporal Único", a "Reconceitualização Radical" e a "Interpretação Macro-Monetária" - começaram a surgir. Nossa contribuição aqui é apresentar e avaliá-las criticamente, usando um esquema analítico simples, sem uso de álgebra linear. Apresentamos também a interpretação sraffiana da teoria do valor de Marx, que possui base textual sólida e permite entender a motivação para tantas 'novas soluções' para um problema que, a rigor, sequer existe. Conclui-se que, do ponto de vista interpretativo, as novas abordagens são problemáticas e, do ponto de vista analítico, não representam uma contribuição positiva ao tema. Em dois apêndices, apresentamos todos os conceitos usando álgebra linear e uma prova de convergência do sistema de preços "temporal" para o sistema de preços de produção "simultaneísta".

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“…But “If market prices do not coincide with prices of production, there is no reason to think that the profit rate will be uniform across sectors. To assume a uniform profit rate in such circumstances amounts to imposing an arbitrary condition on the sectoral mark‐ups” (Mongiovi, , p. 408).…”

Section: The Temporal Single‐system Interpretationmentioning

confidence: 99%

Value, Price, and Exploitation: The Logic of the Transformation Problem

Mohun

Veneziani²

2017

Journal of Economic Surveys

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This paper tries to clarify the logical structure of the relationship between labor values and prices from an axiomatic perspective. The famous “transformation problem” is interpreted as an impossibility result for a specific interpretation of value theory based on specific assumptions and definitions. A comprehensive review of recent literature is provided, which shows that there are various theoretically relevant and logically consistent alternative interpretations based on different assumptions and definitions.

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Vulgar economy in Marxian garb: a critique of Temporal Single System Marxism

Cited by 31 publications

References 17 publications

2. Abstract Labour as a Historical Reality

2. Abstract Labour as a Historical Reality

Valores-Trabalho através de uma Sucessão de Redefinições: Uma Análise das "Novas Soluções" para o "Problema da Transformação"

Value, Price, and Exploitation: The Logic of the Transformation Problem

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