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

Jim Farmelant farmelantj at juno.com
Sun Jul 17 14:21:01 PDT 2011


On Sun, 17 Jul 2011 14:00:36 -0700 michael perelman <michael.perelman3 at gmail.com> writes:
> 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.

Fletcher Barager in his paper, "Joan Robinson on Marx," Review of Political Economy 15(4), October 2003 (gesd.free.fr/baragar.pdf), asserts that she began reading Marx seriously in the 1930s, and that work from the 1940s on was seriously influenced by Marx. Also, Barager contends that Robinson saw Sraffa as providing an elucidation of Marx, not a critique.


> 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.
> >
> >
> > ___________________________________
> > http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
> >
>
>
>
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA
> 95929
>
> 530 898 5321
> fax 530 898 5901
> http://michaelperelman.wordpress.com
>
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>

Jim Farmelant http://independent.academia.edu/JimFarmelant www.foxymath.com Learn or Review Basic Math ____________________________________________________________ Penny Stock Jumping 3000% Sign up to the #1 voted penny stock newsletter for free today! http://thirdpartyoffers.juno.com/TGL3141/4e235284e1c365d060st03vuc



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