Rakesh Bhandari wrote:
>
> Trevor,
> I don't think you have much respect for the Sraffian alternative to
> Marxian value theory, but I don't as of yet know how you would
> respond to (or understand) its criticisms. And I am interested in
> your views.
>
> The total automation example is just meant as a logical exercise, a
> sort of ridiculous indication of why unpaid labor time may not be the
> cause of profit/rent/interest.
I never read these particular debates very carefully, but one question. In reading your logical exercise I must have overlooked your explanation of where, in that context, consumers got their money to buy the products. Could you explain just that part.
Carrol