[OPE-L:4475] Rakesh on Luxemburg

From: Paul Zarembka (zarembka@ACSU.BUFFALO.EDU)
Date: Tue Nov 07 2000 - 10:03:49 EST


Please don't forget to find the page citations to Luxemburg, for your
statement in #4454.  This is important because, in my experience,
assertions about Luxemburg fly around and often times cannot be backed up
by a careful reading.  I don't know what is the case here; we'll hopefully
be able to find it out when know what we are talking about.  

Thanks, Paul Z.

Paul Zarembka, editor, RESEARCH IN POLITICAL ECONOMY at 
******************** http://ourworld.compuserve.com/homepages/PZarembka


>The schema of value on  which
>Luxemburg's analysis is based has different rates of profit in  the
>various branches of production, and these rates are not equated  to
>average rates, since the schema take no account of competition.  What do
>Luxemburg's conclusions amount to then as regards reality,  when they are
>derived from a schema having no objective validity?

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