By Marc; Sensat, Julius Linder
Booklet via Marc Linder, Julius Sensat
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Additional info for The Anti-Samuelson. Volume One - Macroeconomics: basic problems of the capitalist economy
But is he? For Marx, "th e point of bourgeois so ciety "4 consists in the fact that w'hat appears on the surface is not identical with the underlying essential processes; it is the task of the science of political econom y to m ediate the surface phenom ena with th ese processes which they often appear to contradict. S, on the other hand, deals almost exclusively with these superficial phenom ena; when he goes beyond supply and dem and, he takes refuge in technology or tastes, both of which are "ex tern al" in the sense that they are not show n to be aspects of a self-reproducing whole.
The ahistorical w eaknesses of S 's reasoning are revealed in two im portant points. First, the reference to scarcity as the basis of private property im plies that private property came into being in the midst of poverty caused by dim inishing returns in the context of a land shortage. ) In fact, how ever, private property arose not out of "sc a rc ity " but rather out of a surplus of the m eans of subsistence above the level neces sary to m aintain rep ro d u ction in accord ance with som e traditional level of consum ption.
Choose to end u p " som ew here in line with the various technological possibilities open to it (22). " The term "c h o ic e " w ould appear in ap p ro p riate even for th ose p recap italist societies characterized by som e form of aggregate planning (how ever unscientific) in light of the static nature of those m odes of production. And in capitalist society, praised by its econom ists precisely for the absence of such planning, "ch o ic e " would appear to be a direct inversion of reality. Let us look at this inversion more closely.