Re: [OPE-L] Marx on invisible hand

From: Dogan Goecmen (Dogangoecmen@AOL.COM)
Date: Mon Dec 04 2006 - 14:41:56 EST

Yes, absolutely. But there are new developments in the concept of  
consciousness, language and so on. These, however, can only be profited  from reasonably 
if they are integrated into the Marxian dialectic.
In einer eMail vom 04.12.2006 20:28:00 Westeuropäische Normalzeit schreibt  

And  OURS./m

At 14:36 04/12/2006, you wrote:

_mlebowit@SFU.CA_ (mailto:mlebowit@SFU.CA) :

Insofar as Marx demonstrated that the rate of profit would tend to  decline 
while the rate of surplus value is constant, this is definitely a  critique of 
Ricardo's 'falling rate of profit' (and indeed all those like  Mill who 
followed him in this). And Marx is explicit--- noting that R ends  up retreating to 
organic chemistry. My 1976 Canadian Journal of Economics  piece on the rate of 
profit dealt with this point.


Hi  Michael, 

Thank you  for pointing that out. Apart from his demonstration that the rate 
of profit  would tend to decline while the rate of surplus value is constant I 
find  Marx's methodological approach very interesting. He proves himself 
again as  the best dialectician of his  time.




Michael A. Lebowitz
Professor Emeritus
Economics Department
Simon Fraser University
Burnaby, B.C., Canada V5A 1S6

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