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Guglielmo Carchedi's ‘art of fudging’ explained to the people

Bibliographic Data

ID12230179
AuthorsErnesto Screpanti (a Dipartimento di Economia Politica , Università di Siena , Italy, corresponding author)
Year2005
Volume17
Issue1
Pages115-126
Publication date2005-01-01
Open AccessNo
TypeARTICLE
VenueReview of Political Economy (JOURNAL)
Journal identifiersISSN: 0953-8259 • E-ISSN: 1465-3982
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/095382504200031843
OpenAlexW2004572824
LanguageEN

In this note, I present a criticism of Guglielmo Carchedi's synthesis of the Temporal Single System (TSS) approach to value theory. My main criticisms are as follows. First, Carchedi adopts an essentialist, and indeed rather mystical, interpretation of Marx's value theory; second, his notion of ‘labour-value’ turns out to be just a redefinition of ‘price’, which has nothing to do with the labour embodied; third, his transformation procedure is inconsistent with the reproduction conditions that Carchedi himself assumes

Art · Criticism · Economics · Embodied cognition · Epistemology · Essentialism · Interpretation (philosophy · Labor theory of value · Linguistics · Literature · Mysticism · Neoclassical economics · Nothing · Positive economics · Theology · Value (mathematics · Value theory · Mathematics · Philosophy · Political Economy and Marxism

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