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

[michael perelman]

Seth's statements expresses what I suspect her attitude should be.
Keynes theory works (in her opinion).  Why bother with the
metaphysical stuff?  She was very sympathetic to socialism and to her
interpretation of Marx's ideals, but she did not think Marx could help
her understand the economy.  Given her approach to doing economics, I
suspect she was correct.

On Sun, Jul 17, 2011 at 1:59 PM, SA <s11131978 at gmail.com> wrote:
> On 7/17/2011 4:48 PM, Angelus Novus wrote:
>
>> 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.
>
> In other words, the important thing is to understand what Karl Marx said,
> not how an economy works.
>
> SA
>
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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