where is it that the distinction between the "scarcity paradigm" and the "surplus paradigm" was first described? The former is represented by neoclassical economics, in which profits are a seen as a symptom of the scarcity of means of production, while the latter is represented by Marxian (and Sraffian) economics, in which profits are seen as the result of workers producing a surplus.
------------------------
Jim Devine jdevine@xxxxxxx & http://bellarmine.lmu.edu/~jdevine
- [PEN-L:31493] Congo: plunder/sanctions, Ian Murray Mon 21 Oct 2002, 22:26 GMT
- [PEN-L:31492] Re: Keen on road to debt deflation, Sabri Oncu Mon 21 Oct 2002, 21:28 GMT
- [PEN-L:31490] Labour studies hiring, phillp2 Mon 21 Oct 2002, 20:55 GMT
- [PEN-L:31488] RE: query: scarcity vs. surplus paradigms, Forstater, Mathew Mon 21 Oct 2002, 20:36 GMT
- [PEN-L:31487] query: scarcity vs. surplus paradigms, Devine, James Mon 21 Oct 2002, 20:02 GMT
- [PEN-L:31486] PK on growing inequality, Devine, James Mon 21 Oct 2002, 19:41 GMT
- [PEN-L:31484] Sergeant Shakespeare, Louis Proyect Mon 21 Oct 2002, 18:31 GMT
- [PEN-L:31485] Re: Sergeant Shakespeare, joanna bujes Mon 21 Oct 2002, 18:43 GMT
- [PEN-L:31491] Re: Sergeant Shakespeare--correction, Louis Proyect Mon 21 Oct 2002, 21:14 GMT