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An elementary proof of the Bowles-Gintis-Morishima fundamental Marxian theorem with heterogeneous labour
*Universidade Federal de Santa Catarina Brazil
Abstract
This note gives an elementary proof of a Marxian fundamental theorem with heterogeneous labour originally proved by Samuel Bowles and Herbert Gintis. The fact that a quasi-irreducible matrix is a Sraffa-matrix combined with the vertical integration approach in the theory of value is the key to this new proof.
Manuscript received November 11, 1994; final version received June 29, 1995.