Krugman on Marx

Brad De Long delong at econ.Berkeley.EDU
Thu Aug 13 07:55:55 PDT 1998


Re:
>
>The greatest efforts at refutation have concerned the falling rate of
>profit.
>-----
>Michael Perelman

Haven't these efforts at refutation (and those aimed at absolute immiserization of the working class) been successful?

Of course, it is hard to know what "Marxian economics" is these days. If in my wanderings around Berkeley I happen to run into four random Berkeley "Marxists," the odds are that I am the only person who believes that social being determines social consciousness, or that the most important factor in determining the direction of modern history is the dynamic development of the mode of production...

Brad DeLong



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