Re: [OPE-L] questions on the interpretation of labour values

From: Diego Guerrero (diego.guerrero@CPS.UCM.ES)
Date: Tue Apr 03 2007 - 14:02:50 EDT

Fred, you wrote:

Hi Diego,

I don't think "methodological individualism" is a good description for
Ajit's insistence that M must be determined by PQ.  "Methodological
individualism" has to do with individual choices; Ajit's theory does
not have to do with individual choices, but with the relation between
individual quantities and total quantities.  I don't know what we
should call Ajit's insistence that total quantities must be derived
from individual quantities (which is based on Sraffa's theory -
objective individualism? - but to call it methodological individualism
is misleading, since that term already has a specific meaning.



Yes, I agree that it can be misleading. I was rather thinking that he was
not respecting the holistic approach we need for this.

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