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by John E. Roemer

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Free to Lose uses neoclassical economic models to assess both Marx's concept of exploitation and his endorsement of socialism. From within this framework, Roemer makes a valuable, often brilliant, contribution to Marxist economic theory. Debra Satz, Economics and Philosophy.

Free to Lose uses neoclassical economic models to assess both Marx's concept of exploitation and his endorsement of socialism. During the past decade, John Roemer has established himself as one of the foremost interpreters of Marxian economic analysis, and his writing has been much read and discussed not only by economists, but also by philosophers, political scientists, and historians.

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Attacking the usefulness of such central Marxian concepts as the labor theory of value and surplus value, John Roemer reconstructs Marxian economic philosophy from the concepts of exploitation and class, showing that exploitation can be derived from a system of property relations. He then looks at the causes of the unequal distribution of wealth, including robbery and plunder, willingness to take risks, differential rates of time preference, luck, and entrepreneurship.

John E. Roemer - Free to Lose: An Introduction to Marxist Economic Philosophy. John E. Roemer - Egalitarian Perspectives: Essays in Philosophical Economics. Читать pdf. Roemer - Equality of Opportunity. Roemer - Theories of Distributive Justice. Roemer - Analytical Foundations of Marxian Economic Theory. Roemer - Political Competition: Theory and Applications.

If you did not find the book or it was closed, try to find it on the site: G. Free to Lose: An Introduction to Marxist Economic Philosophy.

If you did not find the book or it was closed, try to find it on the site: GO. Exact matches. Equality of Opportunity. Download (PDF). Читать. Egalitarian Perspectives: Essays in Philosophical Economics.

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Roemer challenges the morality of an economic system based on private . This book addresses crucial questions of political philosophy and normative economics. An Introduction to Marxist Economic Philosophy.

Roemer challenges the morality of an economic system based on private ownership of the means of production. Unless you start with a certain amount of wealth in such a society, you are only 'free to lose.

Other readers will always be interested in your opinion of the books you've read. Whether you've loved the book or not, if you give your honest and detailed thoughts then people will find new books that are right for them. From Stimulus to Science. Roemer (/ˈroʊmər/; born February 1, 1945 in Washington . is an American economist and political scientist. He is currently the Elizabeth S. and A. Varick Stout Professor of Political Science and Economics at Yale University. Prior to joining Yale, he was on the economics faculty at the University of California, Davis, and before entering academia Roemer worked for several years as a labor organizer. He is married to Natasha Roemer, with whom he has two daughters, and lives in New York City.

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Comments: (2)

Raelin

John Roemer is an economist who has put some work into translating some ideas of Marx into the language of mainstream economics. His writings are generally very technical, which makes them accessible only to a small audience. Here he has written a book that is readable with minimal math (some linear algebra) and is still able to convey some rather deep ideas.
The main theme of the book is exploitation. Roemer rejects the classical marxist concept of explotation, which is based on the labour value theory, on the grounds that the underlying economic theory is wrong and by showing that one can get perverse results on who-exploits-whom with the classical theory. He proposes a different concept of exploitation, one that traces exploitation not to work relations but to the distribution of productive assets. The way he conceptualizes exploitation doesn't even require a labor market. He also defines classes over the groups that arise in his models (who is a net seller of labor etc.).
Since exploitation, defined in Roemer's way, stems from an unequal distribution of productive assets, the question of the immorality of exploitation can be reduced to questions of distributional justic, a topic Roemer adresses then from several angles. He concludes that a emphasis on exploitation is misplaced and one should discuss distribution of property directly.
Roemer also adresses historical materialism and several "utopias". One could argue that this book fails to deliver what it promises; it is certainly not a introduction to the work of Karl Marx. On the other hand it is an excellent introduction to criticism of capitalism. Wether one agrees or not, the arguments are clear and rigorous. Hence five stars.

Olma

As the previous reviewer pointed out, this is most definitely NOT an introduction to Marxian economics. Roemer was one of the most prominent of the "analytical Marxists" who supposedly attempted to reconstruct Marxism on the basis of methodological individualism. Frequently, they ended up in hilariously strained defenses of official Soviet Marxism (the tenets of which are mainly intellectually indefensible, unlike real Marxism). G.A. Cohen's book on Marx's theory of history is a good example of this. The analytical Marxists regarded classical Marxism as nonsense, because they never took the time and work necessay to understand it in systematically.

After a misguided criticism of classical Marxism, Roemer spends a large portion on his book developing economic models which as far as I can tell, are irrelevant. He shows that if people with unequal amounts of wealth engage in production and distribution engage in exchange, patterns of inequality are maintained and accumulation may magnify them. This unsurprising result also holds if there are only credit markets, only labor markets, etc...Couldn't he have explained all of this in 2 or 3 pages?

The one redeeming feature of this book is the discussion of theories of justice and desert. Romer utterly demolishes those who defend the distribution of wealth under capitalism (Even a potentially more egalitarian capitalism) on the basis of desert.

There is a chapter on historical materialism. It is just a defense of Cohen's awful book.

If you really want to read analytical Marxists on economics, see Roemer's "Analytical Foundations of Marxian Economic Theory." At least it derives some interesting welfare properties of capitalist economies.