Transformations of physical conditions of production
Steedman's economic metaphysics∗
Bibliographic Data
| ID | 2160183 |
|---|---|
| Authors | Heiner Ganssmann |
| Year | 1981 |
| Volume | 10 |
| Issue | 4 |
| Pages | 403-422 |
| Publication date | 1981-11-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economy and Society (JOURNAL) |
| Journal identifiers | ISSN: 0308-5147 • E-ISSN: 1469-5766 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/03085148100000007 |
| OpenAlex | W1971792022 |
| Language | EN |
| Citations received | 2 |
| References cited | 3 |
Steedman's rejection of Marx's Theory of value rests on the proposition that one can derive both values and prices from physical conditions of production, the real wage and the capitalist drive to accumulate. This proposition is examined with respect to the kind of relations assumed to rule among both economic agents and economic objects in order to accomplish the transformations of physical data into values and prices. It is argued that the transformations not only rest on the adoption of an equilibrium framework, but that they also are rooted in metaphysical notions endowing physical conditions of production with the properties requisite to derive from them economic determinations. It follows that there is no need to accept the ‘Sraffa-based critique of Marx’, whatever problems one may have with Marx
Economics · Epistemology · Mathematical economics · Means of production · Metaphysics · Microeconomics · Neoclassical economics · Order (exchange · Physics · Production (economics · Proposition · Rest (music · Value (mathematics · Economic theories and models · Economic Theory and Policy · Mathematics · Political Economy and Marxism · Philosophy
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,05 |
| Citation span | 1983 - 2009 (27) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |