[lbo-talk] Open Letter from a Keynesian to a Marxist by Joan Robin son

[michael perelman]

She was one of the key people in helping Keynes to develop the General
Theory, so she advocated Keynes' approach over Marx.  I doubt that she
even read Marx.  In contrast to Marx, she took the categories of
political economy as they stood prior to Marx, yet you will be hard
pressed to find a more trenchant critic of conventional
(non-Keynesian) economics.

I had been under the impression that the Value Theory of Labor
originally came from Elson.  Thanks for the tip.

On Sun, Jul 17, 2011 at 1:48 PM, Angelus Novus
<fuerdenkommunismus at yahoo.com> wrote:
>
> Jim Farmelant:
>
>> Joan Robinson abjured the label of Marxist because she rejected both the
>> labor theory of value
>
> In a review of Edmund Wilson's _To The Finland Station_ written many decades ago, CLR James remarked that Marx's value theory is more properly referred to as a value theory of labor, not a "labor theory of value".
>
> Jame's distinction is key, and great Marxian thinker that he was, he knew what Marx was getting at.
>
> Anytime some self-proclaimed critic of Marx speaks of an alleged "labor theory of value" by Marx, i.e. anytime they demonstrate that they think "Marx" is the German word for "Ricardo", that's an indication that they have nothing serious to say about Marx.
>
> So thank you for helping me to reach the decision that this lifetime is too short for reading Joan Robinson.
>
>
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>

-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com