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A dialogue concerning the two chief systems of value

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  • Freeman, Alan

Abstract

This paper was presented to the Brasilian Society for Political Economy at its 1998 conference. It presents the principal differences between the temporal and the simultaneist approach to the theory of value. It was the first paper to present a formal conceptual analogy between the temporal approach in economics, and the Galilean approach in astronomy. At that time, the problem which I sought to address was, how is retrogression possible in economic thought? This same question is at the centre of my response to Laibman in 'The new value controversy in economics'.

Suggested Citation

  • Freeman, Alan, 1998. "A dialogue concerning the two chief systems of value," MPRA Paper 2573, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:2573
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    File URL: https://mpra.ub.uni-muenchen.de/2573/1/MPRA_paper_2573.pdf
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    References listed on IDEAS

    as
    1. Alan Freeman & Guglielmo Carchedi (ed.), 1996. "Marx and Non-equilibrium Economics," Books, Edward Elgar Publishing, number 737.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Temporalism; TSSI; Value; Marx; rate of profit; transformation; non-equilibrium; Walras;
    All these keywords.

    JEL classification:

    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
    • B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)

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