[OPE-L:4371] RE: KM's interpretation of the TP

Gerald Lev (glevy@pratt.edu)
Wed, 12 Mar 1997 05:45:30 -0800 (PST)

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Andrew K wrote in [OPE-L:4370]:

> The "equilibrium condition" of which Fred speaks therefore does not exist.
> There is a balance condition in the *simple* reproduction schema, that all
> surplus-value is spent on the output of Dept. II (not III). [...]

So Marx didn't use the expression "equilibrium condition". So what? He
didn't use the expression "non-equilibrium economics" (or "disequilibrium
economics") to refer to his theory either, did he? Should this mean
that the title of the Carchedi/Freeman ed. book should be revised?

In solidarity, Jerry