Re: Re: Re: Marx vs. Roemer

2002-03-11 Thread Rakesh Bhandari
Shane Mage When we read on a printed page the doctrine of Pythagoras that all things are made of numbers, it seems mystical, mystifying, even downright silly. When we read on a computer screen the doctrine of Pythagoras that all things are made of numbers, it seems self-evidently true. (N.

Re: Re: Re: Re: Marx vs. Roemer

2002-03-11 Thread Ian Murray
- Original Message - From: Rakesh Bhandari [EMAIL PROTECTED] To: [EMAIL PROTECTED] Sent: Monday, March 11, 2002 10:29 AM Subject: [PEN-L:23822] Re: Re: Re: Marx vs. Roemer Shane Mage When we read on a printed page the doctrine of Pythagoras that all things are made of numbers

Re: Re: Re: Re: Re: Marx vs. Roemer

2002-03-11 Thread Shane Mage
Title: Re: [PEN-L:23827] Re: Re: Re: Re: Marx vs. Roemer When we read on a printed page the doctrine of Pythagoras that all things are made of numbers, it seems mystical, mystifying, even downright silly. When we read on a computer screen the doctrine of Pythagoras that all things

Re: Re: Re: Re: Re: Re: Marx vs. Roemer

2002-03-11 Thread Ian Murray
- Original Message - From: Shane Mage To: [EMAIL PROTECTED] But can nature be described without mathematics? And are any natural entities needed to describe arithmoi? If the answer to both questions is negative, which then is primordial? Shane = Let me consult the

Re: Re: Re: Marx vs. Roemer

2002-03-11 Thread Gil Skillman
Shane writes in response to Justin: A monopolist is able to get an above-average rate of return on its capital. Nonmonopolists (except, perhaps, in Lake Woebegone..) must therefore receive a below-average return on their capital. This does not necessarily follow. Suppose, for example, that

RE: Re: Re: Re: Marx vs. Roemer

2002-03-11 Thread Devine, James
Shane [Mage] writes in response to Justin:A monopolist is able to get an above-average rate of return on its capital. Nonmonopolists (except, perhaps, in Lake Woebegone..) must therefore receive a below-average return on their capital. Gil writes: This does not necessarily follow. Suppose, for

Re: RE: Re: Marx vs. Roemer

2002-03-11 Thread Michael Perelman
Jim, thank you for your mostly excellent comments. I agree that the gross deviation of crisis and values is important to Marx. In fact, I have argued that that phenomenon represents an important element of his crisis theory. Also, I should have been more careful in referring to the rejection

Re: Re: Re: Marx vs. Roemer

2002-03-11 Thread Michael Perelman
I agree with your comments. Rakesh Bhandari wrote: Marx however was concerned with exactly why the value of a commodity (thing) could only be expressed by way of another thing and eventually money price. I don't see that Marx paid much attention nor was he very concerned with the

Re: RE: Re: Re: Re: Marx vs. Roemer

2002-03-11 Thread Gil Skillman
At 03:04 PM 3/11/02 -0800, you wrote: Shane [Mage] writes in response to Justin:A monopolist is able to get an above-average rate of return on its capital. Nonmonopolists (except, perhaps, in Lake Woebegone..) must therefore receive a below-average return on their capital. Gil writes: This does

Re: Re: Re: Re: Marx vs. Roemer

2002-03-11 Thread Shane Mage
Shane writes in response to Justin: A monopolist is able to get an above-average rate of return on its capital. Nonmonopolists (except, perhaps, in Lake Woebegone..) must therefore receive a below-average return on their capital. This does not necessarily follow. Suppose, for example, that

Re: Re: Re: Re: Re: Re: Marx vs. Roemer

2002-03-09 Thread Justin Schwartz
I believe that it is a disservice to Marx to make him out to be an academic economist trying to work via theorems. Obviously he wasn't an academic. Maybe you are responding with the prickliness of an unorthodox economist to thwe word in ana instititional context where the expexctation is that

Re: Re: Re: Re: Re: Re: Re: Marx vs. Roemer

2002-03-09 Thread Michael Perelman
The existence and inevitability of exploitation under capitalsim was important to Marx, but the explanation of profits was not a central concern. You cannot prove that agriculture [Physiocrats], ownership of capital [Smith] or surplus capital is the source of profits. Justin Schwartz wrote:

Re: Re: Re: Re: Re: Re: Re: Marx vs. Roemer

2002-03-09 Thread Rakesh Bhandari
After all, for value to be surplus, you need a notion of what it is that is surplus. Justin, the surplus concept has to be thought through. It would be very helpful if we could do this on the list. I think one of the ironies of economic thought here is that while Marx criticized Ricardo

Re: Re: Re: Re: Re: Re: Re: Re: Marx vs. Roemer

2002-03-09 Thread Justin Schwartz
The existence and inevitability of exploitation under capitalsim was important to Marx, but the explanation of profits was not a central concern. You cannot prove that agriculture [Physiocrats], ownership of capital [Smith] or surplus capital is the source of profits. This strikes me as

RE: Re: Re: Marx vs. Roemer

2002-03-08 Thread Devine, James
No, it;s the obverse of TINA. TINA is ana rgument for capitalism. To refute it, you have to show TIAA. Well, I can show you TIAA. In fact, I can show you CREF. (They are parts of my retirement package.) Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine

Re: Re: Re: Marx vs. Roemer

2002-03-08 Thread Michael Perelman
Please do not let flame wars from other lists spill into this thread. By the way, I suspect that the thread will not prove to be very productive. You cannot prove Marx, the Labor Theory of Value, or Neoclassical economics to be wrong. You can show an inconsistency, but mostly the

Re: Re: Re: Marx vs. Roemer

2002-03-08 Thread Michael Perelman
Justin, I suspect that you merely have a different idea about what value is than I do. It does not mean that either of us would be wrong. Marx, as I read him, is saying that value is a particular social relationship unique to capitalism; only living labor creates surplus value; dead labor

Re: Re: Re: Re: Marx vs. Roemer

2002-03-08 Thread Justin Schwartz
Justin, I suspect that you merely have a different idea about what value is than I do. It does not mean that either of us would be wrong. Marx, as I read him, is saying that value is a particular social relationship unique to capitalism; only living labor creates surplus value; dead labor

Re: Re: Re: Re: Re: Re: Marx vs. Roemer

2002-03-08 Thread Ian Murray
- Original Message - From: Michael Perelman [EMAIL PROTECTED] To: [EMAIL PROTECTED] Sent: Friday, March 08, 2002 8:55 PM Subject: [PEN-L:23729] Re: Re: Re: Re: Re: Marx vs. Roemer I believe that it is a disservice to Marx to make him out to be an academic economist trying to work via

Re: RE: Re: Marx vs. Roemer

2002-03-06 Thread Justin Schwartz
I developed a similar argument to Jim's, not using the taxation analogy, though, in In defense of exploitation, Econ Phil 1995. Frank Thompson also hasa piece alomh these lines in Science and Society. jks Justin writes:Roemer's point is logical, that on his notion of exploitation, you can

Re: RE: Re: Marx vs. Roemer

2002-03-06 Thread gskillman
I think the difference between Roemer and Marx concerning the role of (systemic or class) coercion is more apparent than real, more a matter of choice of language and emphasis rather than deep analytical differences. According to Roemer's analysis, capitalist exploitation *requires*