Brad, are you saying that Marxian theory is necessarily linear, so that
everything smoothly leads to a final contradiction?
>
> >Is it possible to teach a Marxist theory of value today in an
> >undergraduate course, as a matter of academic politics? One
> >purpose of my new book, From Capitalism to Equality...
>
>
>
> The problem, of course, is the labor theory of value is "true" and
> "operates" always and everywhere, while the relative stagnation of
> blue-, pink-, and low-level white-collar wages is a post-1973
> phenomenon. And saying that the LTV has only operated for the past
> generation because we are now in the Age of the Final Contradication
> is an extremely risky--although time-hallowed--explanatory strategy...
>
>
> Brad DeLong
>
>
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
