[OPE-L:310] Re: Re Mike L's proposal (ope-l:293)

Duncan K Foley (dkf2@columbia.edu)
Sat, 21 Oct 1995 18:16:04 -0700

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Two short comments to Andrew:
Isn't capitalism around partly because nobody's figured out a viable
alternative way to organize social production?

I agree about the sterility of the "Fundamental Theorem" point of view.
But the idea that embodied labor coefficients have something to do with
relative prices is still very attractive to a lot of people. I hope the
90s discussion of value does not lead in another "esoteric" direction,