IMPORTANT: If you cite this message, OPE-L policy requires you not to reveal the identity of the author.
You may cite this message only if you do not disclose who wrote it.
Hello Perelman. I read you paper, and the Marxian idea of âreproduction costsâ as a proper regulator for âoriginary factors of productionâ is basically limited to the political idea of de-commodifying these factors, which finds its counterpart in mixed economies without necessarily blowing market prices away for the allocation of non-primary goods.
The case of 'passenger pigeon' and others that you cited as evidence of the limits of market to ration originary factors is right, but could find an explanation in the subjective theory of value itself. Besides, market as a rationing mechanism could be enhanced if we take an heterodox perspective inspired by market socialists. An outstanding example is the European Carbon Emission Trading Market.
Besides, you underrate the limits of labor to ration originary factors without much discussion. The observation of Samuelson and particularly Mises on this respect is not negligible.
_______________________________________________ ope mailing list ope@xxxxxxxxxxxxxxxxxx https://lists.csuchico.edu/mailman/listinfo/ope
- [OPE] On the Character of the Current Economic Crisis, glevy Fri 10 Apr 2009, 11:18 GMT
- [OPE] last apology; really fixed now, michael perelman Fri 10 Apr 2009, 02:52 GMT
- [OPE] Sorry, the link on my paper is now fixed., michael perelman Fri 10 Apr 2009, 02:16 GMT
- [OPE] An Ecological Future: Marx and Wu Wei, michael perelman Fri 10 Apr 2009, 00:48 GMT
- Re: [OPE] An Ecological Future: Marx and Wu Wei, Alejandro Agafonow Fri 10 Apr 2009, 08:10 GMT
- Re: [OPE] An Ecological Future: Marx and Wu Wei, Michael Perelman Sat 11 Apr 2009, 01:06 GMT
- [OPE] Consumption & law of value, Alejandro Agafonow Thu 09 Apr 2009, 19:21 GMT
- RE: [OPE] Consumption & law of value, Paul Cockshott Thu 09 Apr 2009, 20:20 GMT
- Re: [OPE] Consumption & law of value, Alejandro Agafonow Thu 09 Apr 2009, 21:19 GMT