on the Marxist theory of international trade, you might want to look
at Anwar Shaikh's work in SCIENCE AND SOCIETY a few years ago (I
don't have the reference here). His main element is a rejection
of the classical view of the determination of exchange rates. This
leads to a rejection of comparative advantage and its replacement
with absolute advantage. Peter Dorman had a good comment about
this recently. Herman Daly also emphasizes this point. Shaikh's
articles have more good stuff than this, but I won't try to
summarize it.
in pen-l solidarity,
Jim Devine BITNET: jndf@lmuacad. INTERNET: [EMAIL PROTECTED]
Econ. Dept., Loyola Marymount Univ., Los Angeles, CA 90045-2699 USA
310/338-2948 (off); 310/202-6546 (hm); FAX: 310/338-1950
