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Freeman and Kliman’s Formal Logic versus Marx’s Causal Logic

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This paper shows that 1) Marx accepted and used causal logic when he criticized Ricardian dogma and the quantity theory of money; 2) Freeman and Kliman adopt formal and criticize causal logic but their charge is merely based on their misunderstanding of the latter; 3) although they acknowledge that the MELT (Monetary Expression of Labor-Time) remains indeterminate, circular reasoning appears in their theory because commodities and money enter into the circulation process without prices and value respectively; 3) Freeman and Kliman share formal logic with Marxist simultaneists and post-Sraffians who argue respectively that the value and prices of inputs and output should be simultaneously determined and replace causal determination with calculation.

Abstract

This paper shows that 1) Marx accepted and used causal logic when he criticized Ricardian dogma and the quantity theory of money; 2) Freeman and Kliman adopt formal and criticize causal logic but their charge is merely based on their misunderstanding of the latter; 3) although they acknowledge that the MELT (Monetary Expression of Labor-Time) remains indeterminate, circular reasoning appears in their theory because commodities and money enter into the circulation process without prices and value respectively; 3) Freeman and Kliman share formal logic with Marxist simultaneists and post-Sraffians who argue respectively that the value and prices of inputs and output should be simultaneously determined and replace causal determination with calculation.

참고문헌 (9)

  1. 앨런 프리먼, "A Welcome Step in a Useful Direction: A Response to Changkeun Kim", 마르크스주의 연구, 8(2), pp.167~215 (2011), 사회과학연구원
  2. 앨런 프리먼, "A Note on Causation, Logical Implication, and the Ordering of Variables in Equations", 마르크스주의 연구, 13(4), pp.104~133 (2016), 사회과학연구원
  3. 김창근, "The Recent Controversy on Marx’s Value Theory", 마르크스주의 연구, 7(2), pp.282~320 (2010), 사회과학연구원
  4. 김창근, "Circular Reasoning in Freeman and Kliman’s (TSSI) Interpretation of the MELT", 마르크스주의 연구, 13(3), pp.172~209 (2016), 사회과학연구원
  5. Kliman, A., "Reclaiming Marx’s Capital: a Refutation of the Myth of Consistency" (2007), Lexington
  6. Marx, K., "Capital Volume 1" (1976), Penguin Classics
  7. Marx, K., "A Contribution To The Critique Of Political Economy" (1989), International Publishers
  8. Shaikh, A., "Marx, Ricardo, Sraffa: The Langston Memorial Volume" (1982), Verso
  9. Steedman, I., "Marx after Sraffa" (1977), NLB

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