The Psychopathology of Walrasian Marxism

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The Psychopathology of Walrasian Marxism

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Freeman, Alan

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Alan Freeman

Abstract

This text comprises chapter 1 of Marx and non-equilibrium Economics[1]. It specifies a non-equilibrium (temporal) interpretation of Marx’s theory of value which demonstrates a fully consistent transformation of values into prices and reproduces Marx’s tendential law of the falling profit rate. It seeks to explain why this approach to value is inaccessible to consciousness under present social relations, and why resistance to its acceptance has been particularly strong among Marxists. [1] Freeman, A. (1996b) ‘The psychopathology of Walrasian Marxism’, in Freeman, A.. and Carchedi, G. (eds) (1996), Marx and Non-Equilibrium Economics, pp1-29. Cheltenham: Edward Elgar. ISBN 1 85898 268 5.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 1539.

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Date of creation: 1996
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Handle: RePEc:pra:mprapa:1539

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Find related papers by JEL classification:
B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
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Andrew J. Kliman, Ted Mcglone, 1999. "A Temporal Single-system Interpretation of Marx's Value Theory," Review of Political Economy, Taylor and Francis Journals, vol. 11(1), pages 33-59, January. [Downloadable!] (restricted)

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