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Literatur zur Politischen Ökonomie
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Titel:
Rhetoric and Substance in Value Theory
Untertitel:
An Appraisal of the New Orthodox Marxism
in:
Jahr:
2000
Jg.:
64
H.:
3
pp.:
310-332
Deskribierung:
Inhalt:
A recent trend among Marxist economists tries to vindicate Marx, in opposition to criticism from mainstream economics and to developments in what may be called the mainstream of Marxist theory in the 20th century. lt does this, however, by insisting on the literal truth of Marx's formulations, especially in Volume III of Capital. Well-known difficulties with these formulations are countered by resort !o a "temporal" interpretation, in which inputs and outputs are differently timedated. This, however, reduces either to the abandonment of theory altogether, or to replication of firmly established results in value theory. While temporal dynamics contributes to our understanding of both value formation and capitalist accumulation, no good purpose is served by a fundamentalist orientation, argument by appeal to textual authority, and denigration of the achievements in Marxist economics in the time since Marx wrote.


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