[OPE-L] simple reproduction

From: Rakesh Bhandari (bhandari@BERKELEY.EDU)
Date: Fri Mar 30 2007 - 22:27:10 EDT

A request for help. I am kindly asking for recommendations of uses of
Marx's model of simple reproduction to show not its possibility but the
essential incompatibility of capitalism with simple reproduction. There is
some relevant analysis in Meghnad Desai's book on Marxian Economics and
Grossman seems to think he showed just this in his dynamics book. But I
was wondering whether anyone could recommend any other work or offer some
analytical comments on just why capitalism could not settle into simple
reproduction (stationary state?) or why even if were constrained to do so
it would have difficulty maintaining equilibrium.
Hope the problem is interesting.
Thanks, Rakesh

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