In 1977, Ian Steedman published Marx After Sraffa, an oddly angry work of mathematical economics essentially beating up on English Marxists who clung to the Labor Theory of Value after it had, in his view, been mathematically proven to be unnecessary and simply a quasi-religious fetish. In 1978 or 1979 I wrote, by hand, a five thousand word response for my own edification without any thought of publishing it.
I had totally forgotten that I had written it, but when I was searching piles of files for my doctoral diploma and my Honorable Discharge from the Army National Guard, I came across it and have spent the last two days laboriously typing it into my computer. Starting tomorrow, I shall post it here in three parts of unequal length.
I am looking forward to reading it.
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