Showing posts with label Veneziani. Show all posts
Showing posts with label Veneziani. Show all posts

Tuesday, May 28, 2013

The Marxologiosity of TSSI

Lately, I have been delving into the debate on the supposed logical consistency of Andrew Kliman's Temporal Single-System Interpretation of Marxian Economics (see here). After reviewing the relevant literature, I am of the disposition to suggest that the supposed solution to Marx's problem of perceived incoherence in Das Kapital is indeted suspect (see here). More generally, I am a bit perturbed by the way in which TSSI advocators, in particular Kliman, promote the approach with such religiosity. For an outstanding refutation of TSSI, see Gary Mongiovi's Vulgar Economy in Marxian Garb (subscription required):
"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."