[OPE-L:2823] Re: what a Marxist may learn from Keynes?

From: Gerald Levy (glevy@pratt.edu)
Date: Wed Apr 12 2000 - 09:15:43 EDT

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Riccardo asked in [OPE-L:2822]:

> May I open a partiall different stream? May I ask to Fred and Martha, but
> also to others, what a Marxist may learn from Keynes?

Hard question to answer. Now had you asked what a Marxist could learn from
Kalecki and/or Post-Keynesians, then it would be easier for me at least to
offer an opinion.

Perhaps the best that we can learn from Keynes is that a large part of his
critique of "the classics" has validity. And perhaps also, given the
supply-orientated perspectives of many Marxists, we need to re-discover
what Marx already was aware of: i.e. the need to reject Say's Law and the
importance of aggregate demand in the reproduction process. Thus, perhaps
the legacy of Keynes suggests that Marxists need to re-discover and
re-access Volume 2 of _Capital_.

In solidarity, Jerry

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