[OPE-L:6557] Re: Re: RE: Re: * poll: who has advanced political econ om y since Marx? *

[Rakesh Bhandari <rakeshb@xxxxxxxxxxxx>]

Paul B writes in 6555:

> Just for a start ... i don't know what you've read,  you could try
> Lenin's  'On the so called Market question'... for an exposition
> (CW Vol1) , an application of the reproduction schemas in a crushing
> response to a schema constructed by a Narodnik who aimed at opposing
> the tsar and proving this was to be done in a political and social
> environment in which capitalism could not develop... the question
> remained only one of the peasantry.

But I think it's one thing to show that a clock can move its hands
without the external force of outside markets; it's another thing to
show that the clock comes to a grinding halt due to its own internal
mechanisms. I don't think Lenin ever worked out a theory of the
latter. Which of course is not to say that this is a good metaphor;
after all, the capitalist system never simply winds down or settles
down into stagnation or unemployment equilibrium.
Rakesh