Circular Reasoning in Freeman and Kliman’s (TSSI) Interpretation of the MELT
2
조회
0
다운로드
3
인용
0
참고문헌
키워드
초록
In this article I reaffirm that there is circular reasoning in Freeman and Kliman’sdefinition of the Monetary Expression of Labor Time (MELT). First, the MELT cannot be determined by aggregate price without circular reasoning and we need money theory to avoid circularity. Freeman and Kliman’s analogy with physical laws do not make theirtheory scientific. Second, I present determina- tions of the MELT when gold functions as money and when commodities ex- change at their production and market prices respectively. Then I examine Marx’s texts and empirical evidence, which Freeman and Kliman present, to show that they support, rather than contradict my earlier suggestions.
Abstract
In this article I reaffirm that there is circular reasoning in Freeman and Kliman’sdefinition of the Monetary Expression of Labor Time (MELT). First, the MELT cannot be determined by aggregate price without circular reasoning and we need money theory to avoid circularity. Freeman and Kliman’s analogy with physical laws do not make theirtheory scientific. Second, I present determina- tions of the MELT when gold functions as money and when commodities ex- change at their production and market prices respectively. Then I examine Marx’s texts and empirical evidence, which Freeman and Kliman present, to show that they support, rather than contradict my earlier suggestions.
참고문헌 (22)
- Foley, D., "Recent Developments in the Labor Theory of Value", Review of Radical Political Economics, 32(1) (2000)
- Freeman, A., "Simultaneous valuation vs. the exploitation theory of profit: A summing up", Capital and Class, 96 (2008)
- 앨런 프리먼, "No Longer a Question of Truth?: The Knell of Scientific Bourgeois Marxian Economics and a Positive Alternative", 마르크스주의 연구, 6(3), pp.302~317 (2009), 사회과학연구원
- 앨런 프리먼, "A Welcome Step in a Useful Direction: A Response to Changkeun Kim", 마르크스주의 연구, 8(2), pp.167~215 (2011), 사회과학연구원
- 김창근, "The Recent Controversy on Marx’s Value Theory", 마르크스주의 연구, 7(2), pp.282~320 (2010), 사회과학연구원
- Kliman, A, "Simultaneous Valuation vs. the Exploitation Theory of Profit", Capital and Class, 73 (2001)
- Kliman, A., "Replicating Marx : A Reply to Mohun", Capital and Class, 88 (2006)
- 앤드루 클리먼, "The Truthiness of Veneziani’s Critique of Marx and the TSSI", 마르크스주의 연구, 6(2), pp.335~366 (2009), 사회과학연구원
- Marx, K., "Theories of Surplus-Value, Part III" (1971), Progress Publishers
- Kliman, A., "Capital : Volume III" (1981), Penguin Books
- Kliman, A., "Karl Marx, Frederick Engels: Collected Works, Vol.29" (1987), International Publisher
- Kliman, A., "Karl Marx, Frederick Engels: Collected Works, Vol. 24" (1989), International Publishers
- Kliman, A., "Capital: Volume I" (1990), Penguin Books
- Mohun, S, "On the TSSI and the Exploitation Theory of Profit", Capital and Class, 81 (2003)
- Mohun, S., "The inconsistence of the TSSI: A reply to Kliman and Freeman", Capital and Class, 92 (2007)
- 사이먼 모훈, "The Temporal Single-System Interpretation: Underdetermination and Inconsistency", 마르크스주의 연구, 6(3), pp.277~301 (2009), 사회과학연구원
- Moseley, F., "Marx’s Theory of Money: Modern Appraisals" (2005), Palgrave macmillan
- Moseley, F., "The Determination of the “Monetary Expression of Labor Time” (“MELT”) in the Case of Non-Commodity Money", Review of Radical Political Economics, 43(1) (2011)
- 프레드 모슬리, "The MELT and Circular Reasoning in the New Interpretation and the Temporal Single System Interpretation", 마르크스주의 연구, 13(2), pp.123~146 (2016), 사회과학연구원
- Rieu, Dong-Min., "Interpretations of Marxian Value Theory in Terms of the Fundamental Marxian Theorem", Review of Radical Political Economics, 41(2) (2009)
- Veneziani, R., "The Temporal Single-System Interpretation of Marx’s Economics: A Critical Evaluation", Metroeconomica, 55(1) (2004)
- Veneziani, R., "Dynamics, Disequilibrium, and Marxian Economics: A Formal Analysis of Temporal Single-System Marxism", Review of Radical Political Economics, 37(4) (2005)