Distribution Theory in Marx and in Kalecki.

Steindl, Josef

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Document type:: Works

Collection:: Josef Steindl Collection

Title:: Distribution Theory in Marx and in Kalecki.

Author:: Steindl, Josef

Scope:: Typoskript, 3 Blätter, 4 beschriebene Seiten, mit zahlreichen eigenhändigen Korrekturen und Ergänzungen

Year of publication:: ohne Datum

Description:: Verteilungstheorie bei Kalecki und Unterschiede zur marxschen Verteilungstheorie, vor allem in Bezug auf Surplus (Mehrprodukt) und Monopol.

Note:: Unveröffentlichtes Typoskript.

Topic:: Economic history,economic theory,current developments

JEL Classification:: E11 [General Aggregative Models: Marxian, Sraffian, Kaleckian]

Shelfmark:: S/M.11.1

Access:: Free access

/ & J "3 v^'o ' ,vU ^ ^' t ^' oo&> ¿tcfa**** • €*j ffcc Y ^-'~ rr.vr' T ', - . » £he worker was. paid by the capitalist not the product of his labour but only his • subsistence needs. A- TAd.-v Iiu.an. alternative f ormulatie-a: The worker was made to A- work longer than necessary to produce the needs for his C^aU&. «1* ***** *** subsistence. <£► *7 *** -******- K* £e*v>^, But in trying to meet the ideologist of capitalism on his ■Kef C d£*sir 7V~t- “ '• •'A/ own ground Marx worked out a terminology and a way of $*• fcv* k ^ Jk(y rv^ ,£* , ,,iA W'> I it M\ <L A*Pt-. it. X* r*n# " u rS* y*_: thinking which removed him from any chance of dialogue with economists or business men, because their notions refer to profit and wages, not to surplus and value. What is the meaning o^ the statement that the capitalist sells his product at its value? In the world of the classics this value was measured in corn. ; But in a money economy it becomes very difficult to understand. And if it is applied n ot to the single commodity but y as Marx ultimately intended^ to -the whole output of the economy it seems that it reduces to a tautology. The value of the output is the number of manhours socially necessary to produce it. But the capitalist sells the output for money. What is the value of money? In a Ricardian classical world you might still/imagine an answer to it - gold - but that can hardly be taken seriously to-day. The value of money can only be the value of the goods you can buy with it. So we are back.-fr'A ' 1 e ' J f] 1 By his insistence that the trick of the capitalist is not in the commodity market but exclusively in the labour &Y- JlsCA&jt*' / -vv, ^t?‘L(p-ii>UWti‘t3v. / A,<? . -tU A .»ox market^ it becqme^ als o difficult to understand the role -H*. of the trade unions. In fact, the limitation of their power is just that they can not control prices. l ) ¡t&u, C, 0 /4-fwC H~< -£**»'* ^7 7 iskt i c TC. C^J l fl& l4Jh> yyC^L^X—

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