Vulgar Economy in Marxian Garb: A Critique of Temporal Single System Marxism

Xxxx Xxxxxx xxxxxxxxxx at xxxxxxxxxxxxx.xxx
Tue Feb 27 14:39:40 MST 2001



http://www.greenwich.ac.uk/~fa03/iwgvt/2001/index.html

Vulgar Economy in Marxian Garb: A Critique of Temporal Single System
Marxism

Gary Mongiovi
Economics & Finance Department
St John's University
Jamaica, NEW YORK 11349


Abstract:  This paper presents a critique of recent efforts, under the
rubric of Temporal Single System Marxism, to defend Marx's value theory
against the claim that his transformation algorithm is flawed.  Although
Marx did make a number of errors in elaborating his theory of value and
the profit rate, these missteps do not undermine his larger scientific
project.  Far greater damage has been inflicted by his would-be Temporal
Single System defenders, who camouflage Marx's errors by detaching him
from his Ricardian roots; in the process they redefine value in a way
that trivializes its function in Marx's system.  Far from "vindicating"
Marx's theory, Temporal Single System Marxism is an exercise in vulgar
economy - the confusion of superficial appearances for underlying social
reality.



--
Xxxx Xxxxx Xxxxxx
Ph.D Student
Department of Political Science
SUNY at Albany
Nelson A. Rockefeller College
135 Western Ave.; Milne 102
Albany, NY 12222





More information about the Marxism mailing list