Re: (OPE-L) Luxemburg's Intro to P.E. in English

From: Riccardo Bellofiore (riccardo.bellofiore@UNIBG.IT)
Date: Fri Nov 19 2004 - 12:00:41 EST

At 8:22 -0800 19-11-2004, Rakesh Bhandari wrote:

>Are your views close to Sydney Coontz's on productive labour and
>effective demand?

ops, I should go and check after so many years, so the fair answer
is: I don't know

>>it looks funny: some posts ago it seemed that I could be guilty of
>>thinking that capitalism can be stabilized forever.
>Well perhaps you do think that capital accumulation is only possible
>with external props, markets?


>I am sorry I am not understanding how you are putting together
>schools of thought.

I am not putting together shool of thought: I am trying to insert
topics which were raised by Schumpeter, or Keynes, or even Sraffa, in
a Marxian framework. That is, first, from within (development of the
Marxian legacy) and second I do not deny that points in Marx were
wrong or that important points were discovered by Schumpeter, or
Keynes, or others.

That is, I could put it this way. Would you say Marx was putting
together Smith and Ricardo? Me no: but he praises the former or the
latter. They were object of critique (not criticism: it
incoiprporates and reformulate the truths of Smith and Ricardo). I
think that there has been a political economy after Ricardo until
today, and our duty is to make a critique of the political economy of
today. This is definitely not putting together.

Riccardo Bellofiore
Dipartimento di Scienze Economiche
"Hyman P. Minsky"
Via dei Caniana 2
I-24127 Bergamo, Italy
direct    +39-035-2052545
secretary +39-035 2052501
fax:      +39 035 2052549

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