tag:blogger.com,1999:blog-5154389358831836369.post7296436563705366385..comments2024-03-29T06:09:37.749-04:00Comments on The Slack Wire: More Anti-KrugmanismJW Masonhttp://www.blogger.com/profile/10664452827447313845noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5154389358831836369.post-5462151181927198222018-01-25T03:57:02.269-05:002018-01-25T03:57:02.269-05:00WELCOME TO BETTERMENT FUNDINGS {bettermentfunding@...WELCOME TO BETTERMENT FUNDINGS {bettermentfunding@gmail.com}<br /><br />our aims is to provide Excellent Professional Service.<br /><br />Our loans are well insured for maximum security is our priority, Our leading goal is to help you get the services you deserve, Our program is the quickest way to get what you need in a snap. Reduce your payments to ease the strain on your monthly expenses. Gain flexibility with which you can use for any purpose – from vacations, to education, to unique purchases<br /><br />Are you a business man or woman? 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I was looking for a loan of $ 650,000.00 USD then I apply for a loan in one of the on-line loan company where i was scam about $3,800,00 usd in lending in the UK, but when I put the complain my good friend told me that the only place to get a loan on-line is CONSUMER LOAN FIRM the company is 100% guarantee that if I apply in a business loan I am to get the loan without any delay in the transaction, so i did, with a great fear in my heart not to loose money for the second time. My brothers and sister i want to let you know that there are still good people in the world we can trust and have faith on. With the advice of my friend in which I ask the company for a loan last week and to my greatest surprise i just got my loan yesterday. My hope and trust was all gone but now i new there are real loan firm we can trust. Am using this opportunity to inform you all that if you are in need of a loan, do not go else where so sick for a loan. i have found a real loan lender that can help you because he told me that the success of the societies is his pride i want you to sick for a loan in CONSUMER LOAN FIRM. Here are the company email: consumerloanfirm@gmail.com And i promise you that your life will never remain the same again, I will be waiting to hear your own testimony. Mrs Wilecia BerbanaMrs Wilecia Berbananoreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-23231019972104675172011-05-10T21:53:57.736-04:002011-05-10T21:53:57.736-04:00Ok,I see. That's right. We need to take the su...Ok,I see. That's right. We need to take the subtitle of Capital, "a critique of political economy", seriously. In particular -- tho we aren't discussing it here -- I think a lot of Marxists have gotten fixated on the labor theory of value when Marx was really just saying, in effect, ok, if what Ricardo says is true, what then. The important thing is the sociological reality we actually observe, that household production is systematically displaced by market production. But again, to talk about this we should not be starting with a model of optimal allocation in the first place.JW Masonhttps://www.blogger.com/profile/10664452827447313845noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-71254580764529720862011-05-10T21:10:13.440-04:002011-05-10T21:10:13.440-04:00I think you misunderstood me. The issue of "r...I think you misunderstood me. The issue of "right abstraction" is precisely what I quoted in terms of "the degree of distance from reality". It's not about "how much abstraction". There is a difference there which is what you emphasize. In terms of your comment regarding Volume 1, I think one way of answering it was provided by Heilbroner when he says in his Wordly Philosophers that Marx wanted to demonstrate how exploitation happens in a perfect scenario, also following the premises of political economy.Ian J. Seda Irizarryhttps://www.blogger.com/profile/03791805107306447252noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-56417743459112376332011-05-10T19:14:49.380-04:002011-05-10T19:14:49.380-04:00Ian, man, if you are not going to fly the Marxist ...Ian, man, if you are not going to fly the Marxist freak flag, who is going to?<br /><br />On the substance, I'm not sure the issue is how much abstraction. It's rather the question of finding the right abstractions. I don't know that Capital Volume I's framework of, in effect, a representative capitalist and a representative worker, is any less of an abstraction than the representative household. But it's useful for important questions where the latter is not. One point I do agree with you on, the old guy had some very smart things to say about methodology.JW Masonhttps://www.blogger.com/profile/10664452827447313845noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-22208688017092053022011-05-10T16:19:07.281-04:002011-05-10T16:19:07.281-04:00I don't wanna sound like a Marxist freak, but ...I don't wanna sound like a Marxist freak, but your comments on realism make me think of the role of simplifications/abstractions in terms of it being a case of the quantitative change turning into qualitative change. I quote here an Argentinian Marxist (the guy who had a book I showed you before)who says that "when one makes abstractions one has to see in what degree they distance themselves from reality.A certain magnitude of d the divergence between reality an a simplifying assumption helps us to penetrate better the phenomenon that is being studied. But if the distance is to great, one can end up running the risk of constructing another reality-virtual or imagined- that has no point o contact with the world in which we live in. Therefore, we end up provoking a qualitative change in the problem under scrutiny. And this happens when the simplifications in the analysis leave aside essential features that define the problem that is being studied".(my translation)<br /><br />I don't know if the followung makes sense, but somewhat related, I personally have always found it fascinating that Marx's states in his Economic and Philosophical Manuscripts, and following the premises of political economy, that:<br /><br />"We proceed from an actual economic fact.<br /><br />The worker becomes all the poorer the more wealth he produces, the more his production increases in power and size. The worker becomes an ever cheaper commodity the more commodities he creates. The devaluation of the world of men is in direct proportion to the increasing value of the world of things. Labor produces not only commodities; it produces itself and the worker as a commodity – and this at the same rate at which it produces commodities in general."<br /><br />I mean, there are facts and there are facts!!<br />Marx's fact works at a crazy level!<br /><br />And of course, finally let us remember the dictum of the old man (Capital Vol 3 I think) that if reality and appearance coincided there would be no need for science.Ian J. Seda Irizarryhttps://www.blogger.com/profile/03791805107306447252noreply@blogger.com