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Keynes and the "Ricardian foundations of Marxism"
[Keynes et les "fondements ricardiens du marxisme"]

Author

Listed:
  • Nicolas Piluso

    (CERTOP - Centre d'Etude et de Recherche Travail Organisation Pouvoir - UT2J - Université Toulouse - Jean Jaurès - UT - Université de Toulouse - UT3 - Université Toulouse III - Paul Sabatier - UT - Université de Toulouse - CNRS - Centre National de la Recherche Scientifique, IUT Paul Sabatier - Institut Universitaire de Technologie - Paul Sabatier - UT3 - Université Toulouse III - Paul Sabatier - UT - Université de Toulouse, UT3 - Université Toulouse III - Paul Sabatier - UT - Université de Toulouse)

  • Edouard Cottin-Euziol

    (LC2S - Laboratoire caribéen de sciences sociales - CNRS - Centre National de la Recherche Scientifique - UA - Université des Antilles)

Abstract

The purpose of this article is to interpret Keynes' statement that he wanted to undermine the Ricardian foundations of Marxism with his General Theory. We will explore two lines of thought, one theoretical and the other more pragmatic: on the one hand, he proposes a theory of involuntary unemployment elaborated within a framework of monetary economics, by eliminating any reference to the theory of value and its nomenclature hypothesis ; on the other hand, he puts forward an explanation of unemployment based on the insufficiency of anticipated demand, which allows him to provide a scientific foundation for his economic policy project that is in direct opposition to Marx's vision of it.

Suggested Citation

  • Nicolas Piluso & Edouard Cottin-Euziol, 2024. "Keynes and the "Ricardian foundations of Marxism" [Keynes et les "fondements ricardiens du marxisme"]," Post-Print hal-03826056, HAL.
    • Handle: RePEc:hal:journl:hal-03826056
    DOI: 10.3917/cep1.084.0147
    as

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