Walrasian Marxism Once Again

Economics and Philosophy 8 (1):157 (1992)
  Copy   BIBTEX

Abstract

John Roemer's comment succinctly summarizes the logical structure of his own theory of capitalist exploitation, but misunderstands the main points of our critique. He reduces his argument to two propositions. The first is an “empirical proposition”about the “root causes of exploitation”: X + Y → Z, where X is the existence of differential ownership of means of production, Y is coercion in the labor process, and Z is the capitalist class structure and exploitation. The second is the strictly theoretical proposition X + not- Y -” Z, the truth of which he demonstrates, given most of the assumptions of a Walrasian economic model. He concludes that these two propositions, taken together, demonstrate the primacy of DOPA in explaining capitalist class relations. This much is true – subject to the various limitations we have indicated in our article – but only within the restricted confines of a Walrasian framework. This purely theoretical conclusion has no force as an empirical conclusion: this is the point at which Roemer's interpretation goes awry. For obviously, DOPA is a crucial element of empirical reality. But because Roemer's Walrasian framework precludes other equally crucial elements of empirical reality, an irreducible distance remains therein between the theoretical and the empirical

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 92,931

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Reconstructing Marxism: essays on explanation and the theory of history.Erik Olin Wright - 1992 - New York: Verso. Edited by Andrew Levine & Elliott Sober.
Marxism and philosophy.Alex Callinicos - 1983 - New York: Oxford University Press.
Marxism And Morality.Sean Sayers - 2007 - Philosophical Researches 2007 (9):8-12.
Marxism and philosophy.Karl Korsch - 1970 - New York,: M[onthly] R[eview Press.

Analytics

Added to PP
2010-08-10

Downloads
63 (#262,459)

6 months
19 (#145,430)

Historical graph of downloads
How can I increase my downloads?

References found in this work

What Walrasian Marxism Can and Cannot Do.John Roemer - 1992 - Economics and Philosophy 8 (1):149-156.

Add more references