For our purposes what matters is that the correct solution of the problem of the determination of the rate of profit independently of prices, provided by Sraffa, actually strengthens and is a development of the theories of Marx and the other authors of the surplus approach. Sraffa is the author that makes Marx's conclusions possible.
Read the post for the reasoning.Naked Keynesian
Sraffa and Marxism or the Labor Theory of Value, what is it good for?
Matias Vernengo
1 comment:
Yes interesting,by Matias Vernego.What many fail to take in conclusion when judging LTV,in Sfraffian or Marxian version,is that you must look at in a world-scale, if it should be valid.
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