Principles of capitalistic commodity production: a rejoinder

Reich (2013) recapitulates my model (Helmedag 2012a) incorrectly. Above all, he mixes up exogenous with endogenous variables. Moreover, Reich's interpretation of the system's dynamics is on the one hand formally insufficient; on the other hand, matters are presented in a more complicated way than necessary.

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Year of publication:	2013
Authors:	Helmedag, Fritz
Published in:	European Journal of Economics and Economic Policies: Intervention (EJEEP). - ISSN 2052-7772. - Vol. 10.2013, 3, p. 282-285
Publisher:	Cheltenham : Edward Elgar Publishing
Subject:	effective demand \| employment \| income shares \| labour theory of value \| rate of profit

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.4337/ejeep.2013.03.03 [DOI] hdl:10419/277277 [Handle] RePEc:elg:ejeepi:v:10:y:2013:i:3:p282-285 [RePEc]
Classification:	A10 - General Economics. General ; B12 - Classical ; E10 - General Aggregative Models. General
Source:	EconStor

Persistent link: https://www.econbiz.de/10014363183