[lbo-talk] Keynes, Marx Koran

Rakesh Bhandari bhandari at berkeley.edu
Wed Sep 19 10:47:29 PDT 2007


Just to underline: James Heartfield is wrong that Keynes found Marx's theorizing otiose. His theory results from meditation on Marx's distinctions between C-C (barter), C-M-C and M-C-M'. See http://diglib.lib.utk.edu/utj/jei/35/jei-35-4-7.pdf Keynes read Marx to "rediscover" his critique of Say's Law. Of course Keynes took from and then abused his source. Rakesh


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