Download This PaperWhy Profit Rates ‘Must’ Be Uniform in Sraffa's System
6 Pages Posted: 7 Jul 2022 Last revised: 21 Jul 2022
Date Written: June 12, 2022
Abstract
This working paper provides clarification of the sense in which profit rates 'must' be uniform in Sraffa's system of 'production of commodities by means of commodities'; deriving from Sraffa's focus on systemic properties and from his insistence on a holistic perspective that recognizes the interdependent nature of industries.
Keywords: Sraffa, Profit, Basic Goods, Standard System
Suggested Citation: Suggested Citation
Reddy, Sanjay G. and Sinha, Ajit, Why Profit Rates ‘Must’ Be Uniform in Sraffa's System (June 12, 2022). Available at SSRN: https://ssrn.com/abstract=4135953 or http://dx.doi.org/10.2139/ssrn.4135953
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