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SRAFFA AND THE CIRCUIT OF PRODUCTIVE CAPITAL

In this dissertation I establish the common Physiocratic heritage shared by Karl Marx and Piero Sraffa. For Marx, this heritage finds expression in his second volume of Capital, Chapter Two, "The Circuit of Productive Capital", and for Sraffa, in his work, Production of Commodities by Means of Commodities, Chapter Two, "Production With a Surplus." Employing Imra Lakatos' characterization of science as a continuing research program consisting of two partitions: the negative heuristic or core and the positive heuristic or protective belt, I link the research of Sraffa and Marx to each classification. With regard to the former, both thinkers acknowledged the priority of physical surplus within the ambit of political economic regard. The latter division, the positive heuristic, concerns the delineation of these logical concepts, particularly relative price, which focus attention upon the process of surplus formation. In Sraffa's hands, the standard commodity expresses the valuation of this surplus in the face of natural changes in distribution rates and various labor - material input compositions among industries. Here, Sraffa has achieved the goal of a consistent picture of surplus along the lines of the positive heuristic while likewise solving Marx's problem of discovering a mechanism whereby uniform surplus is related to uniform profit. / Source: Dissertation Abstracts International, Volume: 46-04, Section: A, page: 1055. / Thesis (Ph.D.)--The Florida State University, 1985.

Identiferoai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_75553
ContributorsMCLEOD, WILLIAM DENNETT., Florida State University
Source SetsFlorida State University
Detected LanguageEnglish
TypeText
Format180 p.
RightsOn campus use only.
RelationDissertation Abstracts International

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