[lbo-talk] on the transformation problem

Carrol Cox cbcox at ilstu.edu
Wed Jul 21 08:33:36 PDT 2010


Miles Jackson wrote:
>
>
> As Wittgenstein emphasizes, it is very important to ask the right
> questions. In this case, the question "What determines actual prices in
> a capitalist economy?" is exactly the wrong question. I know many
> economists are fascinated with the question, but that's beside the point.

Fredy Perlman is very good on this. I can't quote exactly, but he begins precisely by noting the _different questions_ asked by Marx & by economists. Marx, he says, asked how is living human activity disributed under given historical conditions. Perlman suggests that this is a question about human cultue, not about prices. But Marxists really should read Perlman; his arguments are bracing.

Carrol



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