THE TWO SYSTEMS DEBATE: final reply to Foley and Laibman (Rejoinder to Duncan Foley and David Laibman )

On the cusp of the millenium, Paul Zarembka’s Research in Political Economy published, in the course of two issues in 1999 and 2000, a four-way exchange about approaches to Marx’s theory of value and the rate of profit between David Laibman, Duncan Foley, Andrew Kliman and Alan Freeman. The full exchange can be found in Research in Political Economy 17,  JAI Press and Research in Political Economy 18, JAI Press

This post contains a fair-use copy of our final reply to Foley and Laibman’s Volume 18 response.

Cite  as Freeman, A. and Kliman, A. 2001. ‘Rejoinder to Duncan Foley and David Laibman’ in Zarembka, P (ed) Value, Capitalist Dynamics and Money, (Research in Political Economy 18). Volume 18, pages 243-267