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Oltre l'economia eterodossa volgare: una nota sull'eredita' di Pierangelo Garegnani (1930-2011) (Beyond vulgar heterodox economics: a note on the legacy of Pierangelo Garegnani (1930-2011))

Author

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  • Matias Vernengo

    (Bucknell University, Lewisburg, Pennsylvania (USA))

Abstract

Il lavoro di Pierangelo Garegnani e' rilevante non solo come continuazione ed estensione dell'impresa intellettuale di Piero Sraffa, ma anche per chiarire e superare l'accettazione, spesso involontaria, di elementi marginalisti all'interno dell'economia eterodossa. Questa potrebbe essere definita economia eterodossa volgare. Il lavoro di Garegnani mostra che l'economia eterodossa puo' essere ricostruita solo sulle fondamenta dell'economia politica classica e sulla risoluzione dei problemi della teoria del valore e della distribuzione che erano al centro del loro approccio. Il lavoro di Garegnani mostra che e' necessario tornare all'abbandono della teoria marginalista del valore e della distribuzione per stabilire il principio keynesiano della domanda effettiva. Il suo lavoro fornisce gli strumenti per un coerente abbinamento analitico delle idee di Karl Marx e John Maynard Keynes. Pierangelo Garegnani's work is not only relevant as a continuation and extension of Piero Sraffa's intellectual enterprise, but also to clarify and overcome the acceptance, often unintentionally, of marginalist elements within heterodox economics. This might be termed vulgar heterodox economics. Garegnani's work shows that heterodox economics can only be rebuilt on the foundations of classical political economy and the resolution of the problems of the theory of value and distribution that were at the core of their approach. Garegnani's work shows that the recovery of the abandonment of the marginalist theory of value and distribution is necessary to establish the Keynesian principle of effective demand. His work provides the tools for a coherent analytical coupling of the ideas of Karl Marx and John Maynard Keynes.

Suggested Citation

  • Matias Vernengo, 2022. "Oltre l'economia eterodossa volgare: una nota sull'eredita' di Pierangelo Garegnani (1930-2011) (Beyond vulgar heterodox economics: a note on the legacy of Pierangelo Garegnani (1930-2011))," Moneta e Credito, Economia civile, vol. 75(299), pages 339-351.
    • Handle: RePEc:psl:moneta:2022:38
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    References listed on IDEAS

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    More about this item

    Keywords

    history of economic thought; heterodox approaches;

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian

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