[OPE-L:4892] Re: Re: RE: Re: Give us some NUMBERS, Fred! (was: rent and the working class)

From: Rakesh Narpat Bhandari (rakeshb@Stanford.EDU)
Date: Tue Feb 13 2001 - 23:26:33 EST

Steve writes in 4887:

>Why do I believe Marx would reject this? Because, at least on first glance,
>it allows you to put any numbers you like into your system--it brings in a
>level of arbitrariness which may appear to make the elaborated system
>(multi-commodity) consistent with its precept (labor as the only source of
>value), but which makes it impossible to have any structured analysis of
>any issue beyond that.

But Steve by putting  the same input and output prices into your 
system, you are putting in the numbers you like because only then is 
the price problem tractable in terms of simultaneous equations 
(assuming resolution of the distributional issue). But the need to 
close a mathematical problem does not make the assumption necessary 
to do so not unrealistic. So I don't see how you have made any 
argument that the numbers you want to put in (or rather the 
stipulation that the numbers are the same at t0 and t1) are not 
unrealistic and thus arbitrary.

Yours, Rakesh

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