IDEAS home Printed from https://ideas.repec.org/a/taf/revpoe/v18y2006i2p265-269.html
   My bibliography  Save this article

Screpanti versus Marx on exploitation: a comment

Author

Listed:
  • Andrew Kliman

Abstract

Ernesto Screpanti recently claimed to prove that Marx's value theory is logically inconsistent. Jettisoning the value theory, he then reconstructed Marx's theory of exploitation in a manner that supposedly preserves the gist of the original. This note shows that Screpanti's proof of inconsistency is invalid and that his reconstruction contradicts the original theory of exploitation in significant ways, for instance by implying that workers who perform surplus labor can exploit capitalists.

Suggested Citation

  • Andrew Kliman, 2006. "Screpanti versus Marx on exploitation: a comment," Review of Political Economy, Taylor & Francis Journals, vol. 18(2), pages 265-269.
    • Handle: RePEc:taf:revpoe:v:18:y:2006:i:2:p:265-269
    DOI: 10.1080/09538250600571585
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/09538250600571585
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09538250600571585?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Hollander, Samuel, 1990. "Ricardian Growth Theory: A Resolution of Some Problems in Textual Interpretation: Reply," Oxford Economic Papers, Oxford University Press, vol. 42(4), pages 769-771, October.
    2. Ernesto Screpanti, 2003. "Value and Exploitation: A counterfactual approach," Review of Political Economy, Taylor & Francis Journals, vol. 15(2), pages 155-171.
    3. Alan Freeman & Andrew Kliman & Julian Wells (ed.), 2004. "The New Value Controversy and the Foundations of Economics," Books, Edward Elgar Publishing, number 2274.
    4. Richard D. Wolff & Antonino Callari & Bruce Roberts, 1984. "A Marxian Alternative to the Traditional "Transformation Problem"," Review of Radical Political Economics, Union for Radical Political Economics, vol. 16(2-3), pages 115-135, June.
    5. Hollander, Samuel, 1990. "Ricardian Growth Theory: A Resolution of Some Problems in Textual Interpretation," Oxford Economic Papers, Oxford University Press, vol. 42(4), pages 730-750, October.
    Full references (including those not matched with items on IDEAS)

    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.
    1. Freeman, Alan, 2010. "Trends in Value Theory since 1881," MPRA Paper 48646, University Library of Munich, Germany, revised 04 Jan 2011.
    2. Roberto Veneziani & Luca Zamparelli & Simon Mohun & Roberto Veneziani, 2017. "Value, Price, And Exploitation: The Logic Of The Transformation Problem," Journal of Economic Surveys, Wiley Blackwell, vol. 31(5), pages 1387-1420, December.
    3. Dipankar Das, 2022. "A Relationship Between the Factor Indivisibility and the Output Elasticity of the Indivisible Factor," Studies in Microeconomics, , vol. 10(1), pages 82-105, June.
    4. Andrea Ricci, 2016. "Metamorphoses of Value.The Concept of a Commodity in Marx’s Capital," Working Papers 1609, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2016.
    5. Bill Lucarelli, 2011. "The Economics of Financial Turbulence," Books, Edward Elgar Publishing, number 14252.
    6. Francisco L. Lopes, 2006. "The Ricardo puzzle," Textos para discussão 526, Department of Economics PUC-Rio (Brazil).
    7. Freeman, Alan, 2009. "Investing In Civilization," MPRA Paper 26807, University Library of Munich, Germany, revised 15 Feb 2009.
    8. Freeman, Alan & Kliman, Andrew, 1998. "Simultaneous and Temporal Valuation Contrasted," MPRA Paper 52805, University Library of Munich, Germany, revised 23 Sep 1998.
    9. Julian Wells, Julian, 2007. "The rate of profit as a random variable," MPRA Paper 98235, University Library of Munich, Germany.
    10. Rotta, Tomás N., 2021. "Effective Demand and Prices of Production: An Evolutionary Approach," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 90-105.
    11. Freeman, Alan, 1991. "National Accounts in Value Terms: The Social Wage and Profit Rate in Britain 1950-1986," MPRA Paper 52760, University Library of Munich, Germany, revised 05 Feb 1991.
    12. Andrew Kliman & Ted McGlone, 1999. "A Temporal Single-system Interpretation of Marx's Value Theory," Review of Political Economy, Taylor & Francis Journals, vol. 11(1), pages 33-59.
    13. Freeman, Alan, 2012. "The Profit Rate in the Presence of Financial Markets: a Necessary Correction," MPRA Paper 52625, University Library of Munich, Germany, revised 01 Jul 2012.
    14. Freeman, Alan, 1996. "The Psychopathology of Walrasian Marxism," MPRA Paper 1539, University Library of Munich, Germany.
    15. Freeman, Alan, 2002. "Marx After Marx After Sraffa," MPRA Paper 2619, University Library of Munich, Germany.
    16. Angelo Reati, 2005. "Value and exploitation: a comment," Review of Political Economy, Taylor & Francis Journals, vol. 17(4), pages 609-617.
    17. Freeman, Alan, 2009. "Marxism without Marx: a note towards a critique," MPRA Paper 48618, University Library of Munich, Germany, revised 17 Nov 2009.
    18. David Ruccio & Stephen Resnick & Richard Wolff, 1990. "Class Beyond the Nation-State," Review of Radical Political Economics, Union for Radical Political Economics, vol. 22(1), pages 14-27, March.
    19. Jonathan F. Cogliano, 2017. "Surplus Value Production and Realization in Marxian Theory - Applications to the U.S., 1987-2015," Working Paper Series 2017-01, Dickinson College, Department of Economics.
    20. Alberto Benítez Sánchez, 2011. "Distribution, exploitation and profit rates," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:taf:revpoe:v:18:y:2006:i:2:p:265-269. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CRPE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.