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Une ambiguïté de la relation entre Keynes et Malthus : Rejet de la loi de Say, monnaie et rapport salarial


  • Martin, Catherine

    (Université de Paris 1)


As is well known, Keynes agreed with Malthus about the possibility for the effective demand to be deficient and its links with “the economy in which we happen to live”. But analysing Malthus’ point of view about the origins of a general glut allows us to doubt the agreement between the two authors. In fact, Malthus did not really care about money – he did not deal with a non neutral money, in opposition to what Keynes claims – but was concerned with the specificity of the capital-labour relationship. Il est connu que Keynes se sentait une filiation avec Malthus, concernant la possibilité d’une déficience de la demande effective, et la nécessité d’en rendre compte de manière conforme à la « réalité », « au monde dans lequel nous vivons effectivement ». À partir d’une analyse de Malthus concernant les crises de surproduction générale, nous montrons que cette parenté est plus problématique que ce que Keynes laisse entendre. En effet, contrairement à ce qu’affirme ce dernier, la réalité dont Malthus cherchait à rendre compte n’était pas la monnaie – qui finalement reste neutre dans son analyse – mais la spécificité de la relation capital-travail salarié.

Suggested Citation

  • Martin, Catherine, 2003. "Une ambiguïté de la relation entre Keynes et Malthus : Rejet de la loi de Say, monnaie et rapport salarial," L'Actualité Economique, Société Canadienne de Science Economique, vol. 79(1), pages 117-132, Mars-Juin.
  • Handle: RePEc:ris:actuec:v:79:y:2003:i:1:p:117-132

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    References listed on IDEAS

    1. Catherine Martin, 1982. "Demande et formation des prix dans la théorie classique : le débat entre Ricardo et Malthus," Cahiers d'Économie Politique, Programme National Persée, vol. 7(1), pages 31-50.
    2. Costabile, Lilia, 1983. "Natural Prices, Market Prices and Effective Demand in Malthus," Australian Economic Papers, Wiley Blackwell, vol. 22(4), pages 144-170, June.
    3. V. E. Smith, 1956. "Malthus'S Theory Of Demand And Its Influence On Value Theory1," Scottish Journal of Political Economy, Scottish Economic Society, vol. 3(3), pages 205-220, October.
    4. F. Cameron Maclachlan, 1999. "The Ricardo-Malthus Debate on Underconsumption: A Case Study in Economic Conversation," History of Political Economy, Duke University Press, vol. 31(3), pages 563-574, Fall.
    5. Rutherford, R P, 1987. "Malthus and Keynes," Oxford Economic Papers, Oxford University Press, vol. 39(1), pages 175-189, March.
    6. Olivier Favereau, 1988. "La Théorie Générale : de l'Economie Conventionnelle à l'Economie des Conventions," Cahiers d'Économie Politique, Programme National Persée, vol. 14(1), pages 197-220.
    7. Catherine Martin, 1986. "Variation du salaire réel et surproduction générale : un aspect de l'opposition entre T.R. Malthus et R. Torrens," Cahiers d'Économie Politique, Programme National Persée, vol. 12(1), pages 73-88.
    8. Thomas Sowell, 1963. "The General Glut Controversy Reconsidered," Oxford Economic Papers, Oxford University Press, vol. 15(3), pages 193-203.
    9. Costabile, Lilia & Rowthorn, Bob, 1985. "Malthus's Theory of Wages and Growth," Economic Journal, Royal Economic Society, vol. 95(378), pages 418-437, June.
    10. S. Hollander, 1969. "Malthus and the Post-Napoleonic Depression," History of Political Economy, Duke University Press, vol. 1(2), pages 306-335, Fall.
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