Re: [ox-en] extrinsic motivation = coercion
- From: Diego Saravia <diego.saravia gmail.com>
- Date: Wed, 6 May 2009 08:21:39 -0300
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We shouldn't need to ban usury. One of the core tenets of neo-liberal
price theory is that, in a free market competition will force profit to
zero. (see definition of 'normal profit' for more on this). This has two
implications that traditional capitalists frequently fail to acknowledge:
that price theory is an equilibrium theory, so, not growth, that's the
problem with the theory
economy is a growing thing. So equilibrium theories misses the most
important stuff.
marx in classical economics, von neumann and keynes more recently solved
the problem
--
Diego Saravia
Diego.Saravia gmail.com
NO FUNCIONA->dsa unsa.edu.ar
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