Towards a New Understanding of Sraffa: Insights from Archival Research

274 Pages·2014·3.41 MB·English

by  Riccardo Bellofiore

Towards a New Understanding of Sraffa
Insights from Archival Research
Scott Carter; Riccardo Bellofiore
ISBN: 9781137034328
DOI: 10.1057/9781137034328
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Towards a New
Understanding of Sraffa
Riccardo Bellofiore
and
Scott Carter
Insights from Archival Research
Towards a New Understanding of Sraffa
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Towards a New
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Edited by ct -
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Riccardo Bellofiore eC
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University of Bergamo, Italy gr
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Scott Carter ng
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The University of Tulsa, USA hsi
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10.1057/9781137034328 - Towards a New Understanding of Sraffa, Edited by Riccardo Bellofiore and Scott Carter
Editorial, selection and introduction © Riccardo Bellofi ore and Scott Carter 2014
Individual chapters © Contributors 2014
All rights reserved. No reproduction, copy or transmission of this
publication may be made without written permission.
No portion of this publication may be reproduced, copied or transmitted
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permitting limited copying issued by the Copyright Licensing Agency, 4-
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Saffron House, 6–10 Kirby Street, London EC1N 8TS. 20
Any person who does any unauthorized act in relation to this publication ect -
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may be liable to criminal prosecution and civil claims for damages. n
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The authors have asserted their rights to be identified as the authors of this work ve
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in accordance with the Copyright, Designs and Patents Act 1988. gr
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Palgrave Macmillan in the UK is an imprint of Macmillan Publishers Limited, Tai
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ISBN: 978–1–137–03431–1 N
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10.1057/9781137034328 - Towards a New Understanding of Sraffa, Edited by Riccardo Bellofiore and Scott Carter
Contents
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List of Illustrations v ii 0-3
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Acknowledgements v iii 20
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Notes on Contributors i x ne
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List of Abbreviations x i ve
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1 Introduction 1 n -
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Riccardo Bellofiore and Scott Carter w
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2 Surprise in the Archive: Reactions to Sraffa’s Papers 9 un
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Jonathan Smith h
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3 On the Neoricardian Criticism of Irrelevance 25 niv
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Dario Preti al
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4 Sraffa and the Standard Commodity 47 Nati
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Scott Carter d t
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Comment on Preti and Carter 69 ce
Pier Luigi Porta m - li
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Response to Porta 75 ct.
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Scott Carter on
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Part II algr
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5 A New Perspective on Sraffa 81 ww
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Ajit Sinha o
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6 The Standard System and the Tendency of the (Maximum) eri
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Rate of Profit to Fall – Marx and Sraffa: There and Back 9 4 m
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Stefano Perri g
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Comment on Sinha and Perri: Hamlet without the Prince: C
Sraffa (and Marx) without Competition 121
Andrea Salanti
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10.1057/9781137034328 - Towards a New Understanding of Sraffa, Edited by Riccardo Bellofiore and Scott Carter
vi Contents
A Response to the Comments by Professor Salanti 130
Ajit Sinha
A Note on Professor Salanti’s Comments 133
Stefano Perri
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7 The Essentiality of Money in the Sraffa Papers 1 39 ct - 2
Ghislain Deleplace e
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8 The Positive Surplus Hypothesis: Social versus e
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Physical Objectivity 167 gr
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Jean Cartelier n - P
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Comment On Surplus and Money in Sraffa: A Comment on Tai
Cartelier and Deleplace 186 ng
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Guglielmo Chiodi hsi
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9 The Loneliness of the Long Distance Thinker: Sraffa, of
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Marx, and the Critique of Economic Theory 1 98 sit
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Riccardo Bellofiore niv
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Archival Index 241 atio
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Index 2 45 d to
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List of Illustrations
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Figures 0-
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3 3..12 S Ptrroufcitt urarete o afs t hane lianbcoreuars tinhge ofruyn octfi voanl uoef daily working time 3 399 ect - 2
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4.1 The ‘coincident ratio’ across three realms of economic o
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inquiry 5 3 av
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6.1 The maximum and the actual rates of profit 1 11 al
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6.2 Profitable change of technique with increasing organic n -
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composition of capital 1 12 Tai
6.3 Non profitable change of technique with increasing ng
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organic composition of capital 1 14 hsi
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6.4 Sraffa’s model of the falling rate of profit 1 15 Ka
6.5 Foley and Michl’s model of the falling rate of profit 1 16 y of
8.1 Monetary relations 1 81 ersit
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Table n
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8.1 Flows of payments 1 82 d to
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Acknowledgements
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The editors and collaborators wish to thank the Hyman P. Minsky 0-
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Department of Economics, University of Bergamo, for having partially 14-
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financed the conference ‘The Other Sraffa: Surprises in the Archive?’ held ct -
21–22 December 2010, on the occasion of the 50th year of the publica- ne
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tion of Production of Commodities by Means of Commodities. We also thank C
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Annalisa Cristini, Head of the Department, for her welcome address. gra
Simona Locatelli provided efficient organisational support, before, Pal
during and after the conference. The present book originated in that an -
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conference, although the papers presented there have been rewritten, Tai
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thanks to the lively discussion. Without the help of Jonathan Smith un
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and the staff at the Wren Library during our visits to the Sraffa Papers h
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and Sraffa Collection of books at the Wren Library (Trinity College, of K
Cambridge) most of the papers here would have been impossible to sity
write. To that end we also thank Piero Sraffa’s Literary Executor Lord er
v
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Eatwell for permission to quote hitherto unpublished archival mate- U
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rial from the Sraffa Papers. We are also very thankful to Taiba Batool on
and Ania Wronski at Palgrave Macmillan for their encouragement and Nati
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understanding, and to Linda Allegro and Giovanna Vertova for their d t
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patience. Last but not least we wish to thank the contributors for their ns
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forbearance in the period this book was coming into shape. Finally we m - li
would like to thank Vidhya Jayaprakash and the Production Team at o
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Palgrave Macmillan for their hard work and patience in putting this ct.
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volume together. on
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