Re: [OPE-L] Truncating Marx's "Capital"

From: Fred Moseley (fmoseley@MTHOLYOKE.EDU)
Date: Wed Aug 29 2007 - 22:56:44 EDT

Jerry, I think where Kliman (and the TSSI in general) has advanced
Marxian theoryis that they have challenged the dominant interpretation
that Marx's theory is based on simultaneous determination (of input
prices and output prices and the rate of profit), and suggested an
alternative "temporal" determination.  I don't agree with them in some
respects, but I think that
this is a crucial issue to raise, and they have been the ones to raise it.


Quoting glevy@PRATT.EDU:

>> I agree with you that Kliman's book is a serious scientific book.
> Fred:
> What "science" are you referring to - the "science" of "hermeneutics"?
> It certainly can't be the science of dynamics because there's hardly any
> dynamic theory in his book.
>> I would say it is one of the most important book in Marxian theory in
>> recent years.
> If true, that would be one of the most damning statements ever made about
> the current state of Marxian theory!  (Anders: before you get in a huff
> and a puff, read what Mike L wrote.  I'm by no means the only person with
> this criticism.)
> He has not advanced Marxian theory one iota, in my opinion. Ironically,
> Kliman could be be said to fall under the category of
> "today's epigones who try to truncate Marx's Capital" (Raya Dunayevskaya).
> This is evidenced in many ways, including his assumption of V = 0.
> In solidarity, Jerry

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