Showing posts with label capital theory. Show all posts
Showing posts with label capital theory. Show all posts
Tuesday, March 25, 2014
Two Cents on Birner's 'The Cambridge Controversies in Capital Theory'
I just finished perusing Jack Birner's "The Cambridge Controversies in Capital Theory" (see here). My brief take is that although the author provides a thorough and lucid analysis & exposé of the debates, I certainly do not agree with his assumption that the issues involved primarily dealt with a
fundamental difference over research programmatic technique &
methodology, with ideology being merely secondary, if not superfluous. This is
quite untrue; ideology was at the very core! For more on this, I recommend G.C. Harcourt's "Some Cambridge Controversies in The Theory of Capital" (see here) and Andrés Lazzarini's "Revisiting the Cambridge Capital Theory Controversies: A Historical and Analytical Study" (see here).
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