Re: Carchedi's TSS approach

From: Paul Cockshott (clyder@GN.APC.ORG)
Date: Fri Mar 12 2004 - 15:02:46 EST

Rakesh, I may have missed which paper by Freeman you mean.
I have yet to see any convincing dynamic analysis, but you
seem to indicate that there is one. Can you give me a better
reference please.

Rakesh Bhandari wrote:
> >  >
> >>  >Then Carchedi "transforms" his "values" into his "prices" in
> >>  >such a way that this condition does not hold.
> >>
> >>  No the conditions of D=S and intersectoral equalization of rate of
> >>  profit are assumed to hold in that one time subscripted period in
> >>  Carchedi's determination of production prices.
> >>
> >>  Ernesto, I don't think you are addressing TSS reasons for claiming
> >>  that the bourgeois notions of prices as long term equilibrium, center
> >>  of gravity points has been conflated with Marx's idea of price of
> >>  production which need not have said equilibrium property to be
> >>  distinguishable from market price.
> >
> >This would have some conviction if they presented a dynamic
> >model with differential equations but they do not.
> Where exactly does Freeman's use of difference equations fall short
> of the true kind of dynamism for which you are looking? Don't they
> get us closer than simultaneous equations?
> >
> >I have yet to see a dynamic model in the true sense of the
> >word from the TSS people: ie, one which will operate algorithmically
> >to produce their numerical results.
> Again what exactly is the problem in Freeman's equations and examples
> in his contribution to Marx and Non Equilibrium Economics?
> I haven't yet read the papers by Simon M and Roberto Venziani. I
> shall try to read them by the end of the month.
> I have already suggested what my criticism would have been of Freeman
> and Kliman's arguments against David L and Duncan Foley.
> rb
> Yours, Rakesh

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