Okishio on the origin of profits: a Sraffian perspective

Heinz D. Kurz and Neri Salvadori ()
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Heinz D. Kurz: University of Graz and Graz Schumpeter Centre
Neri Salvadori: University of Pisa

Evolutionary and Institutional Economics Review, 2025, vol. 22, issue 1, No 6, 87-107

Abstract: Abstract In this paper we compare the explanations of profits put forward by Piero Sraffa (1960) and by Nobuo Okishio ([1967] 2022). The two authors may be said to be comrade-in-arms as regards their general outlook on the problem under consideration, with Sraffa following essentially in the footsteps of the classical authors from Adam Smith to David Ricardo and Okishio in those of Karl Marx. They are also united as regards their critical attitude towards alternative explanations of profits and especially of marginal productivity theory. However, there are also a few important differences between them.

Keywords: Sraffa; Okishio; Marx; Ricardo; Origin of profits (search for similar items in EconPapers)
JEL-codes: B24 B31 B51 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s40844-024-00293-z

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