A Marxian Reply to Hahnel: The Relative Explanatory Power of Marx’s Theory and Sraffa’s Theory
Author
Abstract
Suggested Citation
DOI: 10.1177/0486613420957148
Download full text from publisher
References listed on IDEAS
- Shaikh, Anwar, 1980. "Marxian Competition versus Perfect Competition: Further Comments on the So-Called Choice of Technique," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 4(1), pages 75-83, March.
- Marc Lavoie, 2009.
"Introduction to Post-Keynesian Economics,"
Palgrave Macmillan Books,
Palgrave Macmillan, number 978-0-230-23548-9, December.
- Marc Lavoie, 2006. "Introduction to Post-Keynesian Economics," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-62630-0, December.
- Roemer, John E, 1979.
"Continuing Controversy on the Falling Rate of Profit: Fixed Capital and Other Issues,"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 3(4), pages 379-398, December.
- Roemer, John E., 1978. "Continuing Controversy On The Falling Rate Of Profit: Fixed Capital And Other Issues," Working Papers 225911, University of California, Davis, Department of Economics.
- Shaikh, Anwar, 1978. "Political Economy and Capitalism: Notes on Dobb's Theory of Crisis," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 2(2), pages 233-251, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Robin Eric Hahnel, 2021. "Response to Moseley," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(3), pages 525-534, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Junshang Liang, 2021. "The Falling Rate of Profit under Constant Rate of Exploitation: A Generalization," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(3), pages 501-510, September.
- Robin Eric Hahnel, 2021. "Response to Moseley," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(3), pages 525-534, September.
- M Webber & D Rigby, 1999. "Accumulation and the Rate of Profit: Regulating the Macroeconomy," Environment and Planning A, , vol. 31(1), pages 141-164, January.
- Claudio Sardoni, 2011. "Unemployment, Recession and Effective Demand," Books, Edward Elgar Publishing, number 13837.
- Mariolis, Theodore, 2010. "Κριτική Έκθεση του "Νόμου της Πτωτικής Τάσης του Ποσοστού Κέρδους" του K. Marx: Κατανομή Εισοδήματος, Επισώρευση Κεφαλαίου και Τεχνολογική Μεταβολή στη Μακρά Περίοδο [Critical Exposition ," MPRA Paper 22461, University Library of Munich, Germany.
- Eckhard Hein & Marc Lavoie & Till van Treeck, 2011.
"Some instability puzzles in Kaleckian models of growth and distribution: a critical survey,"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 35(3), pages 587-612.
- Eckhard Hein & Marc Lavoie & Till van Treeck, 2008. "Some instability puzzles in Kaleckian models of growth and distribution: A critical survey," IMK Working Paper 19-2008, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Shaikh, Anwar, 1980. "Marxian Competition versus Perfect Competition: Further Comments on the So-Called Choice of Technique," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 4(1), pages 75-83, March.
- Howard Petith, 2003. "Marx's Analysis of the Falling Rate of Profit in the First Version of Volume III of Capital," Working Papers 25, Barcelona School of Economics.
- Massimo Cingolani, 2015. "Sylos Labini su Marx: implicazioni per la politica economica (Sylos Labini on Marx: economic policy implications)," Moneta e Credito, Economia civile, vol. 68(269), pages 81-147.
- Sasaki, Hiroaki, 2012.
"Is the long-run equilibrium wage-led or profit-led? A Kaleckian approach,"
Structural Change and Economic Dynamics, Elsevier, vol. 23(3), pages 231-244.
- Hiroaki Sasaki, 2011. "Is the Long-run Equilibrium Wage-led or Profit-led? A Kaleckian Approach," Discussion papers e-11-002, Graduate School of Economics Project Center, Kyoto University.
- Jacobo, Juan, 2022. "A multi time-scale theory of economic growth and cycles," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 143-155.
- Lambert, Thomas, 2021. "The Baran Ratio, Investment, and British Economic Growth and Investment," MPRA Paper 109546, University Library of Munich, Germany.
- Nishi, Hiroshi & Stockhammer, Engelbert, 2020. "Distribution shocks in a Kaleckian model with hysteresis and monetary policy," Economic Modelling, Elsevier, vol. 90(C), pages 465-479.
- Fanti, Lucrezia, 2018.
"An AB-SFC Model of Induced Technical Change along Classical and Keynesian Lines,"
MPRA Paper
86645, University Library of Munich, Germany.
- Fanti, Lucrezia, 2018. "An AB-SFC Model of Induced Technical Change along Classical and Keynesian Lines," MPRA Paper 86929, University Library of Munich, Germany.
- Lucrezia Fanti, 2018. "An AB-SFC Model of Induced Technical Change along Classical and Keynesian Lines," Working Papers 3/18, Sapienza University of Rome, DISS.
- Baccaro, Lucio & Howell, Chris, 2017. "Unhinged: Industrial relations liberalization and capitalist instability," MPIfG Discussion Paper 17/19, Max Planck Institute for the Study of Societies.
- Lefteris Tsoulfidis & Persefoni Tsaliki, 2011.
"Classical Competition and Regulating Capital: Theory and Empirical Evidence,"
Discussion Paper Series
2011_02, Department of Economics, University of Macedonia, revised Feb 2011.
- Tsoulfidis, Lefteris & Tsaliki, Persefoni, 2011. "Classical competition and regulating capital: theory and empirical evidence," MPRA Paper 51334, University Library of Munich, Germany, revised 2013.
- Trofimov, Ivan D., 2018. "The secular decline in profit rates: time series analysis of a classical hypothesis," MPRA Paper 88248, University Library of Munich, Germany.
- Eckhard Hein, 2019.
"Karl Marx: an early post-Keynesian? A comparison of Marx's economics with the contributions by Sraffa, Keynes, Kalecki and Minsky,"
European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 16(2), pages 238-259, September.
- Hein, Eckhard, 2019. "Karl Marx: An early post-Keynesian? A comparison of Marx's economics with the contributions by Sraffa, Keynes, Kalecki and Minsky," IPE Working Papers 118/2019, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Rudy Fichtenbaum, 1988. "'Business Cycles,' Turnover and the Rate of Profit: An Empirical Test of Marxian Crisis Theory," Eastern Economic Journal, Eastern Economic Association, vol. 14(3), pages 221-228, Jul-Sep.
- Alice Nicole Sindzingre, 2021. "Truth vs justification: contrasting heterodox and mainstream thinking on development via the example of austerity in Africa," CEPN Working Papers hal-03139457, HAL.
More about this item
Keywords
Marx; Sraffa; explanatory power; macro; money; prices; profit; technological change; crises; environment;All these keywords.
JEL classification:
- B24 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Socialist; Marxist; Scraffian
- B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:reorpe:v:53:y:2021:i:3:p:511-524. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.urpe.org/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.