Re: Re: Re: "Transformation problem" [was US ConsumerConfidence...]

[Michael Perelman]

Oh, no.  To solve the Transformation Problem, we need to abandon it and return
to classical Marxism, which offers a more sophisticated way of looking at the
world, which does not try to shove everthing into a framework of simple algebra
while abandoning all pretext of dialectics.

Andrew wrote:

>
> >
> > To really solve the Transformation Problem, I think we need to wholly
> > revamp our theory of value. Of course, in so doing, we will be (at
> > last) abandoning classical Marxism.
> >
> > Andrew Hagen
> > [EMAIL PROTECTED]
> >

--

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]