Hostname: page-component-7bb8b95d7b-dtkg6 Total loading time: 0 Render date: 2024-09-13T11:27:30.919Z Has data issue: false hasContentIssue false
  • English
  • Français

Prices and Distributive Antagonism in the Work of Smith and Kalecki

Published online by Cambridge University Press:  11 June 2009

Sergio Nisticò
Get access Rights & Permissions [Opens in a new window]

Extract

Adam Smiths adding up theory (Sraffa 1951, p. xxxv) has generally been interpreted as an expression of the harmonious view of the mechanisms governing exchange ratios and distribution In two preceding works (Nistico 1988,1991) I tried to show that Smith's theory of prices is instead fully compatible with the classical approach to the theory of value and distribution based on the essential role played by class antagonism in a capitalist system.

Type
Articles
Information
Journal of the History of Economic Thought , Volume 13 , Issue 1 , June 1991 , pp. 54 - 69
Copyright
Copyright © Cambridge University Press 1991

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Asimakopulos, A. 1975. “A Kaleckian Theory of Income Distribution,” Canadian Journal of Economics, 8, 313–33.CrossRefGoogle Scholar
Salvadori N., Basile L. 1984–85. “Kalecki's Pricing Theory,” Journal of Post-Keynesian Economics, 7, no. 2, 249–62.Google Scholar
Bortkiewicz, L. von. 1907. “Value and Prices in the Marxian System,” International Economic Papers, 2, 1952, 5–60.Google Scholar
Caravale, G. 1985. “Diminishing Returns and Accumulation in Ricardo,” in Caravale, G. ed., The Legacy of Ricardo, Basil Blackwell, Oxford.Google Scholar
Caravale, G.. 1988. “The Notion of Natural Wage and Its Role in Classical Economics,” Rivista Internazionale di Scienze Economiche e Commerciali, 35, no. 7, 599–624.Google Scholar
Caravale, G.. 1991. “Marx's Views on Ricardo: A Critical Evaluation,” in Caravale, G., ed., Marx and Modern Economic Analysis, Elgar, London.Google Scholar
Caravale, G. and Tosato, D.. 1980. Ricardo and the Theory of Value, Distribution and Growth, Routledge and Kegan Paul, London.Google Scholar
Dobb, M. 1973. Theories of Value and Distribution since Adam Smith — Ideology and Economic Theory, Cambridge University Press, London.CrossRefGoogle Scholar
Eatwell, J. 1982. “Competition,” in Bradley, I. and Howard, M., eds., Classical and Marxian Political Economy: Essays in Honour of Ronald L. Meek, Macmillan, London.Google Scholar
Eltis, W. 1984. The Classical Theory of Economic Growth, Macmillan, London.CrossRefGoogle Scholar
Garegnani, P. 1984. “Value and Distribution in the Classical Economists and Marx,” Oxford Economic Papers, 36, 291–325.CrossRefGoogle Scholar
Harrod, R. 1936. The Trade Cycle, Clarendon Press, Oxford.Google Scholar
Jossa, B. 1988. “Lotta di Classe e Distribuzione del Reddito in Kalecki,” Studi Economici, 35, 3–32.Google Scholar
Kalecki, M. 1938. “The Determinants of Distribution of the National Income,” in Arrow, K., ed., Selected Readings in Economic Theory from Econometrica, M.I.T. Press, Cambridge, Mass., and London.Google Scholar
Kalecki, M.. 1941. “A Theory of Long-run Distribution of the Product of Industry,” Oxford Economic Papers, 5, 06, 31–41.CrossRefGoogle Scholar
Kalecki, M.. 1954. Theory of Economic Dynamics, Allen and Unwin, London.Google Scholar
Kalecki, M.. 1971. “Class Struggle and Distribution of National Income,” in Selected Essays on the Dynamics of the Capitalist Economy, Cambridge University Press, Cambridge.Google Scholar
Leontief, W. 1984. “Nuove Tecnologie e Sviluppo,” Socialismo Oggi, Numero del 31.12.Google Scholar
Levy, H. 1936. The New Industrial System, Routledge, London.Google Scholar
Marx, K. 1969. Theories of Surplus Value, Lawrence and Wishart, London.Google Scholar
Marx, K.. 1977. Grundrisse, Harmondsworth, Penguin.Google Scholar
Meek, R. 1977. Smith, Marx, and After, Chapman and Hall, London.CrossRefGoogle Scholar
Mill, J. S. 1848. Principles of Political Economy, 1st ed., Parker, London.Google Scholar
Mongiovi, G. 1989. “A Note on the Development of Sraffa's Monetary Thought,” typescript, History of Economics Society, Richmond, Virginia.Google Scholar
Nisticò, S. 1988. “Prezzi Naturali e Conflitto Distributivo in Smith e Ricardo,” Studi Economici, 36, 125–154.Google Scholar
Nisticò, S.. 1991. “On Marx's Critical Reading of Adam Smith's Theory of Price,” in Caravale, G., ed., Marx and Modern Economic Analysis, 2, Elgar, London.Google Scholar
Ricardo, D. 1951–1973. The Works and Correspondence of David Ricardo, 11, edited by Sraffa, P. with the collaboration of Dobb, M. H., Cambridge University Press, London.Google Scholar
Schumpeter, J. 1954. History of Economic Analysis, Oxford University Press, New York.Google Scholar
Sebastiani, M. 1985. L'equilibrio di sottoccupazione nel pensiero di M. Kalecki, NIS, Roma.Google Scholar
Smith, A. 1976. An Inquiry into the Nature and Causes of the Wealth of Nations, University of Chicago Press, Chicago.Google Scholar
Sraffa, P. 1951. Introduction to The Works and Correspondence of David Ricardo, 1, Cambridge University Press, London.Google Scholar
Sraffa, P.. 1960. Production of Commodities by Means of Commodities, Cambridge University Press, Cambridge.Google Scholar
Stigler, G.J. 1965. “Textual Exegesis as a Scientific Problem,” Economica, 32, 447–450.CrossRefGoogle Scholar
Sylos Labini, P. 1962. Oligopoly and Technical Progress, Harvard University, Cambridge, Mass.Google Scholar