Re: Surplus Value or Profit

[Bruce McFarling <ecbm@xxxxxxxxxxxxxxxxxxx>]

07 November 2001 20:24 UTC, Gunnar Tómasson writes:

>The specific question whether 'surplus value' can arise "within a
>system of economic relations such as that defined by Keynes in
>Ch. 6" is but one example of the more general methodological
>question whether EXOGENOUS variables are admissible in reasoning
>with respect to the analytical attributes of CLOSED systems.\

But since Keynes' circular flow, and indeed the General
Theory itself, is not a closed system, it is difficult to
see the relevance of the issue to the questions that have
been raised.




Virtually,

Bruce McFarling, Shortland, NSW
ecbm@xxxxxxxxxxxxxxxxxxx