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Re: the "surplus world"



>Herb asks:
>>       What is a 'surplus world'?
>
>to which bill mitchell replies:
>"To which i reply, it is obvious. And i guess what you are saying is that
>basic concepts like surplus value are meaningless to you now."
>
>The surplus world need not be marxian, bill. The Sraffians and/or
>neoRicardians have a "surplus" without surplus-value. See, e.g.,
>Obrinsky, Mark. 1983. Profit Theory and Capitalism. Philadelphia: Uni-
>versity of Pennsylvania Press. I like Marx's formulation, but it
>isn't the only one.
>
Yep, Jim what you say is right, although i did say "...world" and i have
never been clear whether the neoRicardians (Sraffians included here BTW)
have any world to speak of.

While I reply to you I also take a space to reply to Herb's "War of the
Paradigms" piece.

How can anyone have a discussion with anyone if the response they get to at
least serious input is "i forgot what you said yesterday and through it in
the bin" (not verbatim). some war i reckon, more like a feeble utterance of
disinterest.

kind regards
bill
**************************************************************************
 William F. Mitchell            Telephone: +61-49-215027      .-_|\
 Department of Economics                   +61-49-705133     /     \
 The University of Newcastle    Fax:       +61-49-216919     \.--._/*<--
 Callaghan   NSW  2308                                            v
 Australia                      Email : ecwfm@xxxxxxxxxxxxxxxxxxx
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