The Author expresses his dissent with the common view held by various authors, including M. Pivetti, that Sraffa’s PRODUCTION OF COMMODITIES BY MEANS OF COMMODITIES contains a specific theory of income distribution. The Author believes that Sraffa was concerned with the foundations of a theory of income distribution, not with any specific theory that may be laid on those foundations. Furthermore, Sraffa was basically concerned with rejecting the marginalist approach to income distribution and with going back to the ‘standpoint of the old Classical economists’.
Pasinetti, L. L., "Comment" on: Massimo Pivetti's "On the Monetary Explanation of Distribution", in Schefold, B., Bharadwaj, K. (ed.), Essays on Piero Sraffa - Critical Perspectives on the Revival of Classical Theory, HarperCollins Publishers Ltd., Greater London Concil 1990: 460- 462 [http://hdl.handle.net/10807/67373]
"Comment" on: Massimo Pivetti's "On the Monetary Explanation of Distribution"
Pasinetti, Luigi Lodovico
1990
Abstract
The Author expresses his dissent with the common view held by various authors, including M. Pivetti, that Sraffa’s PRODUCTION OF COMMODITIES BY MEANS OF COMMODITIES contains a specific theory of income distribution. The Author believes that Sraffa was concerned with the foundations of a theory of income distribution, not with any specific theory that may be laid on those foundations. Furthermore, Sraffa was basically concerned with rejecting the marginalist approach to income distribution and with going back to the ‘standpoint of the old Classical economists’.
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