Re: [OPE-L] Ajit's Paper on Sraffa and Late Wittgenstein

From: Allin Cottrell (cottrell@WFU.EDU)
Date: Thu Jun 01 2006 - 20:12:59 EDT

On Mon, 29 May 2006, Ian Wright wrote:

> The dated labour representation also makes Sraffa's earlier
> point that only when r=0 are "the relative values of commodities
> are in proportion to their labour cost, that is to say the
> quantity of labour which directly and indirectly has gone to
> produce them". Stick r=0 into Sraffa's dated labour
> representation and you get the (incorrect) formula for
> labour-values used by all neo-Ricardian critics of Marx's value
> theory, from Samuelson onwards.


Could you expand on this briefly?  What is the formula you say is
wrong (for r = 0), and what is the one you would regard as

Allin Cottrell

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