Re: (OPE-L) Say's Law in Marxian Theories?

From: ajit sinha (sinha_a99@YAHOO.COM)
Date: Tue Mar 02 2004 - 02:35:12 EST

Can you explain a little more about
disproportionality? It could be
argued that proportionality between the departments of
production requires
that they are in balance: that supply and demand are
equal. If supply
creates its own demand (Say's Law), then this means
there cannot be
disproportionality. I agree that general
overproduction is distinct from
this, however.

Supply does not have to create a demand of equal
amount of its own kind. Say's law is more of a macro
level proposition. It only opposes a theoretical
possibility of a general glut. Cheers, ajit sinha

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